Manufactured home community sector maverick, Frank Rolfe, has sounded off in a recent commentary, breaking down the reasons that manufactured home community owners, and prospective home buyers, win with the Administration of President Donald Trump.
According to the NuWire release, Rolfe had plenty to say.
“Whether you are Democrat or Republican, there is no question that mobile home park [sic] owners are likely to do very well under the Trump presidency. Here is an outline of the different issues that will help mobile home park [sic] owners, based on the agenda discussed so far,” said Rolfe.
Rolfe and his partners operate one of the largest portfolios of manufactured home communities in the nation. His boot camps, books and talks draws potential investors. Rolfe’s been called a “media-magnet.”
The most notable place his news release used what many want in terms of correct industry terminology was in the bio, which stated he has over 25,000 home sites in 28 states and draws to a close by saying, “To learn more about Frank’s views on the manufactured home community industry...”
He isn’t shy about his opinions.
“As for Frank, he takes heat for stating facts and truth publicly when others don’t. He’s the Donald Trump of our industry.” said Kurt Kelley, JD, a financial services provider, industry writer, and colleague of Rolfe’s.
Speaking on the 2008 SAFE Act and Dodd-Frank in 2010, which created the Consumer Financial Protection Bureau, Rolfe sees their repeal being the key to the dream of homeownership.
Mobile Home University, Mobile Home Park Store and RV Horizons.
“If SAFE and Dodd-Frank were repealed, it would allow park owners [sic] to go back to writing mortgages on their homes and letting people be homeowners instead of mere renters. And mobile home parks [sic] work better when the residents all [own] their own homes, and are stakeholders in the business model,” said Rolfe.
Rolfe has been outspoken recently regarding MHI, when it comes to defending the industry he loves and works in.
“The folks at MHI – the industry lobby group – are nice people, but what’s with the concept of silence is golden? Negative articles on the industry are met with ‘no comment.’ Positive news opportunities are met with ‘no comment.’ I’ve never seen anything like it,” said Rolfe in a feature linked here.
Speaking on other areas he deemed important, Rolfe pointed out infrastructure, and a focus on the heartland, as promising signs coming from the Trump Administration.
“A large number of mobile home park [sic] residents are contractors and laborers, and this group will receive a huge bonus in the form of new employment to repair our nation’s infrastructure. As these bridges, roads, airport and other projects are fairly much equally spread throughout the country; this directive will have a huge impact on many major mobile home park [sic] markets. And greater employment trickles down to other employers that are basic staples of mobile home park [sic] jobs, such as fast food,” said Rolfe.
“If you assume that the ‘red’ states will gain more focus than the ‘blue’ states under the new administration, then that could have a very positive impact on the heartland of America, which holds the majority of mobile home parks [sic] in the U.S.,” he explained.
“There are simply not many mobile home parks [sic] in the ‘blue’ states – except for Illinois.” While a popular writer and speaker, Rolfe at times makes a statement that requires a second look. Deep blue California, for example, has thousands of manufactured home communities.
“The reason is that real estate values are very high on the coasts, and this has resulted in many mobile home parks [sic] being torn down and re-developed over time,” he added, which is a trend that the Daily Business News has often highlighted.
“Additionally, most cities stopped allowing new parks [sic] to be built in the 1980s, yet many fast-growing metro areas – such as found in California and Florida – had explosive growth in more recent times and therefore precluded mobile home park [sic] construction.”
In conclusion, Rolfe sees better opportunities for manufactured home owners over the next few years.
“Every change in Presidential administration opens new avenues for business. The Trump presidency suggests many areas of change that our beneficial to mobile home park [sic] owners,” said Rolfe.
For more from Frank Rolfe, including his commentary on MHI, click here. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.
