Are You Ready?

Blog Posting # 597 @ 7 August 2020; Copyright 2020. Educatemhc.com

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’ comprise the real estate component of manufactured housing.!

EducateMHC is the online national advocate, asset class historian, data researcher, education resource, & communication media for all land lease communities throughout North America!

To input this blog and/or affiliate with EducateMHC< telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email: gfa7156@aol.com, & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U!’ Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. # 1 source of affordable attainable housing! Attend MHM class!

I.

Are You Ready?

For the 32nd Annual ALLEN REPORT? During the month of August, if you’re a portfolio owner/operator of land lease communities in North America, expect to receive an electronic letter and input form from EducateMHC, asking you about property portfolio size and composition, along with operations performance statistics. When completed and returned before the September deadline, the information you provide will be culled and written into the 32nd annual ALLEN REPORT, to be distributed during the month of January 2021. If you’re unsure you qualify, or fear you won’t receive this timely opportunity to input the longest running, most referenced statistical compendium in the manufactured housing industry, let us know via gfa7156@aaol.com or phone the Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

For the Federal Housing Finance Agency’s (‘FHFA’) Listening Sessions? Pay attention to future announcements about Listening Sessions scheduled to occur from 14 – 16 October, in various locations around the U.S.. Manufactured housing is one of three underserved markets the GSEs (Fannie Mae & Freddie Mac) are tasked, by Congress, to address with Duty to Serve (‘DTS’) plans each year. And these Listening Sessions are our industry and realty asset class’ unique, in-person opportunities to make our needs and frustrations known to federal agencies that can help with finance and more. This weekly blog posting, and EducateMHC’s The Allen Confidential! business newsletter, are two primary sources for this information going forward. Visit www.educatemhc.com to subscribe.

For a dose of manufactured housing history? If you’re active in MH and or land lease community ownership/operations, and enjoy learning helpful and practical lessons from ‘those who’ve gone before’, you need to be reading every issue of the MHInsider magazine! Why? Because every issue, at the end of general content features, is the Allen Legacy column. To date, here’re the titles you’ve maybe missed – and some yet to come:

• Preserving Your Personal & Corporate Legacy. ‘How to pen your memoir.’
• The Last Decade Has Seen a Profound Paradigm Shift – from MHRetailers to in-community sales and home-only finance.
• Tunica’s History Ties Into Industry (Copy of invoice & check from Elvis Presley for his new manufactured home)
• History of MHI Congress & Expo Leads Back to Gub Mix
• RV/MH Hall of Famers: An Eclectic Mix of Pioneers, Leaders with Vision & Talent
• A Confluence of Community Owners (The SECO story!)
• The Quintessential Family Business (i.e. land lease community ownership)
• Stepping Out of the Manufactured Housing Shadow
• Do You Know MH Lingo? (It is certainly a unique way of communicating!)
• Read a Good Book Lately? If you’re a ‘reader’, you need to see this column!
• Tracing Manufactured Housing & Communities History, Part I: 1955-1990
• Tracing Manufactured Housing & Communities History, Part II: 1990 – 2020
• Print Publications Tell MH Story for 75 Years! This one is a real gem for info!)

The last two stories have yet to be published. But this gives you ‘more than a flavor’ of what to expect from this stellar trade publication. Not receiving copies? Simple. Just email Patrick@datacompusa.com and request to be put on the mailing list.

For the postponed RV/MH Hall of Fame Induction Banquet? I am! So many ‘friends in the business’ being inducted this time around. To buy a banquet ticket, phone (574) 293-2344. Responding to popular request and interest, I was planning to host an industry/realty asset class-wide national meeting that day, at the Hall of Fame facility. Goal would have been to seek solutions to our industry’s continuing lagging new HUD-Code housing shipment volume performance. There’s certainly enough interest ‘out there’ to have the meeting. However, have learned a major RV meeting is also scheduled on 3 December, at the RV/MH Hall of Fame facility as well. What to do? Ideas from you?

For Manufactured Home Manager training and certification? If not already an IREM CPM, or MHI ACM, or EducateMHC MHM, you should be! Professional property management continues to be under-represented among land lease communities nationwide. While there’re 50,000 such communities, there’re only 125+/- CPMs, 200+/- ACMs, and nearly 1,500 MHMs at work. All those numbers should be quadrupled, to bring us anywhere near where we should be, compared with conventional apartments, condominiums, office buildings, and shopping centers. To learn more about the popular MHM program, contact EducateMHC vis its’ website: www.educatemhc.com or phone me via the aforementioned Official MHIndustry HOTLINE.
II.

Old News Now; Scary News Earlier…

Jim Clayton narrowly escaped death, earlier this week, in a helicopter crash in TN. His brother Joe died in the accident.

***

Leave a Reply