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It was Day 2 of Mobile Home University, an intensive, three-day course on how to strike it rich in the trailer-park business.

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Seventy-five or so students had signed up for the class, which Rolfe offers every other month in different places around the country. They were nervous about retirement. Or they were worried about their jobs moving overseas.

All of them, though, had somehow come to see the lowly mobile home as their vehicle to financial freedom. He had flown down from San Francisco for the seminar because he hated his job selling health care plans. Green Lantern is a giant patch of asphalt crammed with trailers.

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The Mobile Home U. They learned early Blonde on Omaha rd lives in mobile home the course that one of the best things about investing in trailer parks is that ambitious landlords can raise the rent year after year without losing tenants. For years, Green Lantern rented only to people 55 or older. Rolfe is a tall, slouchy man with sad blue eyes and a mop of dark hair that has gone gray around the temples.

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He and his business partner, Dave Reynolds, started buying trailer parks together shortly after the subprime meltdown. Using their own money and millions more from outsider investors — including many who have been through Mobile Home University — they have been buying about two dozen parks a year. They now own in 16 states but none in California.

More than half of that was profit. But the most striking aspect of their business is how happy their tenants seem to be. Louis to spend some time in a couple of parks that he and Reynolds own.

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They hmoe me choose where I wanted to stay. To a person, the residents I met declared themselves satisfied with their landlords. Wright, who was the park manager when Rolfe and Reynolds took over early last spring, said the rutted roads in the park flooded every time it rained.

Drug use was rampant, as were fights; the flashing lights from police cars routinely lit up the nights.

When Rolfe and Reynolds bought the park, they repaved the streets and fixed Blobde drainage system. They removed the most dilapidated trailers. The mobile home as we know it appeared at the Omsha of the automobile era as a pricey, wood-paneled plaything of the very wealthy — a way for them to travel in comfort on long trips before motels lined the roads. After the war, small trailer parks popped up on college campuses to accommodate the influx of former soldiers under the G. There are 8.

Census Bureau report.

That number is not likely to grow, we learned in Southern California, given restrictive zoning laws and the prohibitive cost of building a new park in the boonies, meaning supply is static even as demand for cheap places to live is high. Zell is chairman of Equity LifeStyle Properties, which he took public in the early s, when the Blonde on Omaha rd lives in mobile home was called Manufactured Home Communities.

Its website features a montage of sun-splashed photos filled with Lages is here looking for a special bbw courts, swimming pools and lakes, and its properties often include clubhouses.

If nothing else, the look and feel of the communities she was talking about are several notches above the trailer park most of us imagine.

Frank Rolfe rolls his eyes when he hears this kind of talk. As for features like swimming pools?

When Rolfe and Reynolds buy a park with a pool, they usually shut it down to rid themselves of the operating expense and the liability. In their view, the root systems of trees are a threat to the sewer lines that crisscross any park.

There werefewer units of public housing in the United States in than there were inhime to the Center on Budget and Policy Priorities.

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A study by the Center for Housing Policy found that among renters who have a job, one in four was spending at least half of his or her income for an apartment. While Rolfe, who is 52 and has a degree in economics from Stanford, can come off at times as a caricature of the coldhearted capitalist, during his Mobile Home University courses, he also gives voice to left-wing critiques about Blonde on Omaha rd lives in mobile home profound fissures in our economy.

He is an admitted profiteer thriving on the collateral damage caused by our winner-take-most economy, but he also is a zealous student of the constantly changing landscapes of American poverty. Rolfe was still in high school when a teacher helped him get a summer job at a local advertising agency in the Dallas area.

Rolfe, who lives in a small town one hour south of St. Louis, has always looked older than his years, he says, so much so that when he was in his 20s, people mistook him for someone twice his age. Back then, he imagined he would earn an M. At 35, he had to decide what to do with the rest of his life. Before Rolfe bought a trailer park, he had visited only one, the Glenhaven Mobile Home Lonely housewives wants real sex Cherokee in Dallas, when an out-of-town billboard client asked Blonde on Omaha rd lives in mobile home to deliver a message to its manager.

Rolfe says: This wasnear the start of the Internet era. At that point, a great many Stanford grads were lured to technology by the fortunes that could be made investing in dot-com start-ups. Rolfe had a couple of million dollars in the bank and a newborn daughter at home. He eventually made more than a million-dollar profit on that one park. And maybe just as important, he discovered that he was drawn to what was to him an exotic, fringe world that he had stumbled into.

Blonde on Omaha rd lives in mobile home

Blonde on Omaha rd lives in mobile home

After owning Glenhaven for a few months, Rolfe realized there was no reason to carry a gun to work. That freed Rolfe to roam the country in search of poorly managed parks to be bought on the cheap.

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His strategy drew the interest of a private equity firm that provided him with the money he needed to expand his empire.

Rolfe Blonde on Omaha rd lives in mobile home acquired two dozen parks when he reversed course, feeling emboldened by a spike in real estate prices that had potential buyers willing to purchase his properties for much more than he thought they were worth. Byhe had 2 Las vegas tomboyish lesbo his entire portfolio, earning about as much on his trailer parks, he says, as he did from the sale of his billboard company.

Rolfe was still winding down his business in when he met Dave Reynolds at an industry conference. The two competitors agreed over lunch that they could do a much better job teaching people the nuts and bolts of the trailer-park business than the pair who had asked them to Blonde on Omaha rd lives in mobile home as guest speakers. If anything, Reynolds knew more about trailer parks than even Rolfe.

Reynolds had been born into the business; his parents owned a mobile-home court in Colorado. He went to school to study accounting, but doing the books for the family opened his eyes to the profitability of a world he shunned growing up.

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At first, Rolfe and Reynolds both taught the curriculum they created. But then a couple of years ago, Reynolds calculated the hours he was devoting to teaching a three-day course six times a year during boom times for the trailer-park industry. By that point, the two of them were searching Blinde country for parks to buy.

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That meant more work for Rolfe, who was happy to pick up the slack. But larger, more diverse crowds invariably show up in Southern Omsha.

At the Orange County sessions I attended, those enrolled included a pastor from a small church outside Portland, Ore. As an instructor, Rolfe has a veritable Ph. Trailer-park residents living in the North, he told everyone, are rock-solid citizens compared with their counterparts in the South.

For one thing, they tend to be neater and also more responsible. In Texas, for instance, 5 to 6 percent Horny denver girls their tenants are delinquent each month paying the rent, compared with less than 2 percent of those living in parks in Wisconsin, North Dakota or Minnesota.

And forget Las Vegas, Phoenix and other locales hit Blonde on Omaha rd lives in mobile home by the subprime meltdown. The glut of cheap homes represents competition. In most of the country, the key to calibrating the proper rent means knowing the price of a decent two-bedroom in the surrounding area.

That, it seems, is something attendees have worked out for themselves before plunking down their tuition. Among those I spent time with in Orange County was Jefferson Lilly, who had made a lot of money working sales jobs at a series of Silicon Valley-based technology start-ups. But when he discovered the price of apartment buildings and compared them with the cost of trailer parks, he found himself reconsidering.

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A mobile-home park feels more like an army base than a neighborhood. A trailer is still a trailer, even with the vinyl siding and pitched roofs that are now common, and all but the priciest parks include the familiar Truman-era rectangular metal mobile homes and wooden ones that are also decades old.

Still, people make the effort to personalize their homes at Pontoon Beach. Everywhere I looked, I saw handsome wooden decks thick with potted plants, American flags, chimes Blonds wooden birds whose wings twirl with the wind.

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The residents had planted shrubs and rose bushes and small flower beds bordered by rocks. More typical was the view Blonde on Omaha rd lives in mobile home Alisha Stanek, a year-old high-school dropout with an 8-month-old daughter. Others even expressed feelings of superiority to those burdened with big mortgages or hefty monthly rents, including Barbara Watz. She moved to Pontoon Beach ina single woman in her 40s working at a blood clinic.

She could have bought a tiny house on her salary, but a two-bedroom, one-bath trailer cost less per month than her car payment — and meant she was done with house payments after a few years. Watz drives a Honda S. One day when we were talking, U.

Mar 16,  · The Cold, Hard Lessons of Mobile Home U. housing at a time when the nation’s need for low-cost places to live has never been greater. The mobile home as we know it . Get directions, reviews and information for Aksarben Mobile Home Park in Omaha, NE. Aksarben Mobile Home Park W Center Rd Omaha NE Reviews () Website. Menu & Reservations Make Reservations. Order Online Tickets Location: W Center Rd, Omaha, NE 64 Homes For Sale in Omaha, AR. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia.

Her only complaint about living in a mobile-home park? The parks they take over tend to be in lousy shape, and Blnode spend hundreds of thousands of dollars fixing them up. Rolfe says he shudders at the thought of losing money to the multimillion-dollar negligence suits that result from cutting corners.

A Rolfe-Reynolds park is, if nothing else, well run.

Based on what I saw, tenants kept their lots junk-free and the grass mowed — or management will take care of things and send you the bill.

Rolfe and Reynolds begin eviction proceedings on a tenant as soon as local laws allow, even if a tenant is just two or three weeks late in paying the rent. And most do have considerable equity invested, given that four out of five are paying only a monthly lot rent, which means they own their trailer outright or are making payments Married ladies wants hot sex Milwaukee a third party.

The trailer park also seems a bad deal for the manager. He mentions Linda Wright, who manages his park in Arnold, Mo.

Rolfe confesses to feeling some guilt that he owns the largest house in his hometown while his customers are making do in cramped quarters. He acknowledges he has made millions of dollars warehousing Blonde on Omaha rd lives in mobile home living on the economic margins.