“There are thousands of professionals wise enough to be in the manufactured home industry, who have the noble intent of earning an honest living, by giving good service to the public and other professionals they serve.”
– Soheyla Kovach.
“Manufactured Home Industry Politics. Those who know say, “it’s complicated.”
– Soheyla Kovach.
Guys, do you love it – or hate it? – when the wife gets it right?
Ladies, does it make you smile when the gent in your life must say, “honey, that was spot on.”
Among my discoveries at the successful 2017 Tunica Manufactured Housing Show was the numbers who came up to me – or my truly better half, Soheyla – and said, “I really like her articles!”
The opening quotes and the two below are from her promo/teaser a few days ago that announced our theme for the month.
MH Industry politics are indeed complex. I wish we could honestly say it was simple, but it’s not.
Yes, manufactured housing shipments are rising at double-digit levels. Still, the industry’s only scratching the surface of its potential in your market, and other markets from coast-to-coast.
The facts, “Proof!” *** a real-world case study *** and several reports linked in this month’s issue below, all point to the fact that the industry could be rising much faster.
Are there forces outside and inside of our HUD Code Manufactured Home Industry, that for whatever motives or reasons are holding the industry back from its potential? We covered several points on that theme last month.
This month, let me share the English version of a classic Italian maxim.
“Fool me once, shame on you. Fool me twice, shame on me.”
– George Horne.
Please, for your own sake, don’t wait on some magical third party to ride in and save the day.
You must be a key part of your own location(s) growth solutions.
The industry has for decades failed to reach the potential it was tapping in the early 1970s. Various reports suggest that we are building the industry’s best homes ever.
In a growing American affordable housing crisis, we can do much better than we have been.
“While all can ‘cop a plea’ to having done something foolish from time to time,
we don’t want to be perceived as – or actually be – unwise.”
– Soheyla Kovach.
At Tunica, a panel of three independent MH Industry lenders each shared example stories of how some locations are proactively doing a superior job of attracting and selling the better qualified credit buyers.
If your industry peers are doing that, then with the right motivation and commitments, you and your operation can too.
Let’s ignore for the next few minutes the industry’s complex political situations. Focus on you and your location.
See for yourself – via the reports linked below – the opportunities, threats and proven solutions that stand available for any professionals and businesses with the drive to do ‘what it honestly takes’ to make robust growth happen.
“Be wise. Check out the April 2017 Issue in depth.” – Soheyla Kovach.
My hunch is if you take up my lady’s challenge, you’ll see the value of her words for yourself and your operation(s).
With no further adieu, let’s stop being foolish and dive into the simplicity of reality checks, goal and solution orientation.
– All the Best, L. A. ‘Tony’ Kovach. ##
Barry and “Be the Change!” Doing Good, Pays
by L. A. ‘Tony’ Kovach
We decided this month to highlight a simple yet profound reality. Read more…
State Law Forces City Decision on Manufactured Home Zoning
by RC Williams
In Queensbury, New York, manufactured housing has scored a victory. Read more…
Manufactured Home Communities, Fair Housing, and Day Care
by Nadeen Green, JD
The seven federally protected classes (race, color, religion, national origin, sex, familial status and disability) are hugely relevant (and reflective of the issues of discrimination at the time that they were created as well as important today). Read more…
What’s the Truth About the Manufactured Housing Industry’s Potential?
by Soheyla Kovach
Whether or not truth is reported, or distorted, reality – the truth – is. Truth exists. Read more…
Price Reduction *** North Tampa Portfolio – MH & RV | 380 Sites | Florida
by Christopher Nortley
Portfolio Overview
The North Tampa Portfolio consist of 3 communities in which 2 are located in Port Richey while the 3rd is located in Hudson, FL. All the communities have very desirable locations and convenient for an owner to have centralized management to create economies of scale. Read More
ELS Rises, Manufactured Housing CV, Broader Markets Dip
by RC Williams
Noteworthy headlines on – CNNMoney – Mercedes-Benz pulls ads from The O’Reilly Factor. Read more…
Proof! Manufactured Home Communities, Retailers & Builder/Developers Can Attract, Sell Site Built Buyers
by L. A. ‘Tony’ Kovach
What’s the difference between a nice sounding theory, and a profitable process? Proof. Read more…
Security Mortgage Group Setting Hot Pace in First Quarter of 2017
by Pierce Redmond
Security Mortgage Group, a national award-winning MH Community lending broker, is pleased to have financed $78,632,000 thus far in 2017 for several manufactured home communities nationwide. Read more…
Brian Gallagher, Chief Operating and Financial Officer, Santefort Real Estate Group – RFI – FHFA, Duty to Serve Comments Letter
by Brian Gallagher
Editor’s note: Brian Gallagher thoughtfully shared the comments below with MHProNews for publication. Read more…
Media, MHI Members Welcomed, Industry Warned
by Soheyla Kovach
At the 2017 Tunica Manufactured Housing Show, members of the Manufactured Housing Institute (MHI), and the industry’s top trade media were welcomed – without cost – by the Manufactured Housing Association for Regulatory Reform (MHARR) at the annual in-person meeting of their members.
Read more…
Live Oaks & Blue Oaks MHP Portfolio | 170 Sites | Topeka, Kansas
by Christopher Nortley
Property Overview MHRE Inc is pleased to present Live Oaks and Blue Oaks located in Topeka, Kansas. The communities are situated just 4.2 miles away from each other. Read more
Is What You Say Always Consistent with What You Believe?
by Tim Connor, CSP
There is a Native American legend that says – you will only get into Heaven leaning on the shoulders of someone you helped while you were here. Read more…
Manufactured Home Community’s Outsider Sparked Water Issues
by RC Williams
In Puyallup, Washington, the stereotypes surrounding manufactured versus site built housing are playing out in a less than ideal way. Read more…
State Agency to Assist Low Income MH Residents
by RC Williams
In Delaware, homeowners in need are going to get some help. Read more…
Want Manufactured Home Community Voluntarily Rent Control, Anyone? Anyone?
by RC Williams
Officials in Corona, California, say that they may pursue voluntary rent control measures for manufactured home communities, in an effort to help low income and elderly residents who face rent hikes of up to 30 percent over the next two years. Read more…
City Turns to Manufactured Homes in Project
by RC Williams
In Northern California, the city of Sebastopol is investing $258,000 into a project that establishes affordable housing for low-income residents at the city’s eastern gateway. Read more…
April Fools? – MHVille’s Complicated Politics, 2017
by Soheyla Kovach
Three april fools looking at camera with different expressions, credits, MHProNews.com/GraphicStock
Read more…
NFIB Provides Vital Small Business Guide
by RC Williams
The National Federation of Independent Business (NFIB) is out with its 2017 Small Business Tax Guide.
Read more…
Moves In U.S. Home Price Index
by RC Williams
New data from Case-Shiller shows that January home prices rose at the fastest rate since 2014. While this spells a win for sellers, it could eventually affect buyer demand. Read more…
Sunday Morning Weekly Recap Manufactured Housing Industry News March 26th 2017 to April 2nd 2017
by RC Williams
Our theme for our April 2017 issue is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? Read more…
Cavco’s Buyout
by RC Williams
Cavco Industries Inc. (NASDAQ:CVCO) tells MHProNews that it has signed a Letter of Intent, and has reached an understanding, on terms to acquire Lexington Homes, Inc. Read more…
ELS’ Sam Zell Sounds Off on Trump’s Wall
by RC Williams
ELS Chairman and billionaire real estate mogul Sam Zell shared his thoughts recently on President Donald Trump’s plan for the border wall with Mexico, and what it means for business. Read more…
City Residents Make Unexpected Moves – Opportunity for MH?
by RC Williams
New data shows an interesting trend – popular cities like New York, Los Angeles, and Washington D.C., normally destinations for living, are actually losing people in mass. Read more…
Diverse Industry Reactions to Manufactured Home Community Closure Issue
by RC Williams
In Chesterfield, Missouri, residents of the town’s only manufactured home community received some very shocking news this week. Read more…
Chicago’s Mayor Favors Massive Modular Project
by RC Williams
In a follow up to a story that Daily Business News originally covered here, Chicago Mayor Rahm Emanuel is “gung ho” about developers planning to build 12,000 modular homes, along with a factory to manufacture them, on the 430-acre site of the old U.S. Steel South Works plant in the city. Read more…
Developers Going MOD in Housing Crisis
by RC Williams
In Baton Rouge, Louisiana, two developers have turned to modular housing to ease the stress of finding housing. Read more…
