As a real estate professional, have you ever thought of dabbling in mobile home parks instead of single or multifamily homes? If you’re unsure if that’s even possible, this episode is for you. Frank Rolfe sold his multimillion-dollar billboard business to invest in mobile home parks. He and his partner, Dave Reynolds, became the 5th largest owner of mobile home parks in the US with a portfolio of 28 parks. He sold all of those and started again. Now, he owns 300 parks, 32,000 lots, 4000 park-owned mobile homes and a $1 billion valuation. In this episode, he joins Athena Paquette Cormier to share his journey from starting up his business to his plans for the future. He also discusses both the good sides and the bad sides to owning a mobile home park as opposed to asset class properties. If you are interested in learning more, stay tuned to this episode.
