Archive for the ‘Uncategorized’ Category

Don’t Miss This! It will never be repeated….

Thursday, August 9th, 2018

Blog # 497; Copyright @ 10 August 2018; community-investor.com

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance, a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
_____________________________________________________________________

INTRODUCTION:

27 years ago, Carolyn & I planned & hosted the 1st International Networking Roundtable – in Clearwater, Florida. 75 of our (then) mobile home park owner friends joined us for the Thursday, Friday, Saturday venue. And the annual event grew in size from there.

A decade later we convened in Colorado Springs, CO. There we were stranded in a the host hotel thru Sunday, until we dug out of that city’s heaviest pre-season snowfall on record! Lou Vela phoned the hotel’s owner & persuaded him to keep the beer flowing as we watched the baseball world series on TV in the hotel lounge. A legend was born…

The following year everyone opted for a warm Florida locale. As Carolyn & I arrived at East coast Delray Beach, Hurricane Georges slammed the host beachfront hotel. Sure, it cut back on attendance, but not much. Even had stragglers arrive after storm passed.

And the following year, as Carolyn & I prepared to drive from Indianapolis to the Chicago venue, two planes slammed into the World Trade Center Towers in New York City! As you’ll recall, ALL transportation came to a halt. We postponed the event until November – and had a larger audience. That’s when the Thursday morning Pledge of Allegiance to the American flag, & Friday morning informal Prayer Meeting began.

Yes, it’s been an exciting run these past 26 years. Every year we wonder if we can ‘top’ the year before? Well we’ve done it this year in spades (‘to the utmost’)! I can’t recall any other national MHIndustry & or LLCommunity venue, during my 40 years in this business, offering more education (30 presenters & panelists!), better interpersonal networking, and deal-making opportunities, than this year’s Networking Roundtable!

Read through this schedule. Then go to GetMeRegistered.com/COBA7NRT2018 to register. We’re almost at our max limit of 200 registrants, so don’t delay doing so!

27th annual International Networking Roundtable

Schedule of Events

Wednesday, September 5

9AM-4PM Manufactured Housing Manager (‘MHM’) class
Taught by Katie Hauck, MHM, & Kathy Taylor, MHM
This session requires a separate registration & fee….

4-6PM ‘Art of the Deal’; Marketing Land Lease Communities
Led by Joanne Stevens, CCIM, & Tammy Fonk, CAIC

6-8PM Welcoming Reception for All! Bring business cards.
‘Celebrating National Land Lease Community Week!’

Thursday, September 6

7:30-8:30AM Networking Breakfast for All!
Get name tags & info from Carolyn Allen, PMN Publ.

8:30-9:15AM Welcome & Introduction of Everyone Present!
George Allen, CPM, MHM. Roundtable host.

9:15-10AM Keynote I. Overview of MHIndustry & Hall of Fame
Joe Stegmayer, CAVCO Industries, MHI, RV/MH HOF

10-10:15AM Morning Break at Nourishment Bar in Open Area

10:15-11AM Keynote II. FHFA, Fannie Mae & Freddie Mac Panel
Mike Price from FHFA
Griffin Cotter & Michael Harn from Freddie Mac
Jose Villarreal & Ben Navarro from Fannie Mae

11-11:45AM Keynote III. A Business Model that Works Well!
‘How to Buy, Sell & Seller-finance New Homes’ on-site
Michael Callaghan & Lisa Lane, Four Leaf Properties

11:45-1PM Networking Luncheon for All!

1-1:45PM Attend Either of Two Educational Sessions This Hour:

* How to Develop a New Land Lease Community!
Jamie Dougherty, Community Management Group

* Acquisition $ & Refinancing of LLCommunities
Tony Petosa, Wells Fargo Multifamily Lending

2-2:45PM Attend Either of Two Educational Sessions This Hour:

* Types of MH Today: CSH, ‘new type, RVs, & more
Mark Bowersox, Manufactured Housing Institute

* Using Print, Signage & Gifts to Promote Your Firm
Erin Smith, Spotlight-Strategies

3-3:45Pm Attend Either of Two Educational Sessions This Hour:

* Creating Compliant, Stress Free Environments
Doug Ottersberg

* Building America’s Homes Together!
Mark Yost & Phil Copeland, Skyline Champion

4-4:45PM Attend Either of Two Educational Sessions This Hour:

* Compensation Guidelines for Property Managers
Frank Bowman, MHM, Illinois Mfd. Hsg. Association

* ‘Preserving One’s Personal & Corporate Legacy via
Memoirs & Autobiography’ George Allen, CPM, MHM

4:45-6PM Attend One of Two Meetings, or Relax Until 6PM

* IMHA/RVIC (Indiana) Informal Members Meeting
Ron Breymier & Glen James hosting & leading

* National Association of Manufactured Housing
Communities ‘open meeting’ led by Susan Brenton
* Relax & Enjoy The Alexander Hotel or slip on down
to the nearby Slippery Noodle Inn – oldest bar in IN.

6-8PM RV/MH Hall of Fame Celebration Reception for All
RV/MH Hall of Fame Members encouraged to wear their
distinctive green blazers to this social networking event.

Friday, September 7

7-8AM Informal Prayer Meeting for U.S. & Leaders since 9/11
George & Carolyn Allen, hosts

7:30-8:45AM Networking Breakfast for All!

9-10AM Real Estate Lenders’ Panel/Open Discussion of $ Issues
Panel comprised of Networking Roundtable $$ Sponsors

10-11AM Chattel Capital Lenders Panel/Discussion of $$ Issues
Mix of independent lenders, hybrid & ‘captive finance’

11-12Noon Attend One of Two Educational Sessions This Hour

* How to Find, Value, Buy a Land Lease Community
Michael Power, MHCInvestor

* Writing Basics for Publication. Be a trade writer!
Patrick Revere, MHInsider magazine

12-1Pm Networking Luncheon for All!

1-2PM Attend One of Two Educational Sessions This Hour

* New Technology=Tracking Underground Systems
Brian King, Underground Infrastructure

* Third Party Fee (Property) Management Basics
Maria Horton, MHM, Newport Pacific Family of Co.

2-3PM Open Forum Discussion of MHIndustry Issues
Moderated by George Allen, CPM, MHM

3-4PM 27th Networking Roundtable Wrap-up Session

***

MANUFACTURED HOUSING, a Book Proposal

Friday, August 3rd, 2018

Blog # 496; Copyright @ 5 August 2018; community-investor.com

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 part) Business Alliance, a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
____________________________________________________________________

INTRODUCTION:

26 years ago, in 1992, engineer David Alley, consultant Edward Hicks and I, along with our wives, met in a downtown Philadelphia, PA., hotel to plan the book proposal we’d submit to J. Wiley & Sons (New York publisher). I’d been encouraged by the brisk sale of self-published Mobile Home Park Management following its’ release in 1988; and now, the three of us believed there was a ‘window of opportunity’ for new community development, as HUD-Code home shipments numbered 210,787 units that year. Turns out we were right! Shipment volume continued to rise, year by year thru 1998. So, Development, Marketing & Operation of Manufactured Home Communities debuted in 1994. It was followed, in 1996, by How to Find, Buy, Manage & Sell a Manufactured Home Community. It too proved highly popular and sold well.

A quarter century has passed, and the manufactured housing industry, along with its’ land lease community segment, is – in my opinion – poised to effectively address our nation’s affordable housing supply crisis! We must educate legislators, regulators, bureaucrats, investors, homebuilders, and prospective homebuyers/site lessees as to the aesthetics, quality, economy, energy efficiency and durability of our type factory-built housing product. That’s where this formal book proposal comes into play.

This formal book proposal has already been submitted to J. Wiley & Sons, in the hope they too will once again ‘catch this vision’, and revisit their ‘setting of the manufactured housing business standards’ effected back in 1994 & 1996. Will they? Too soon to tell, but the offer has been made to, once again, serve our industry and realty asset class by researching and authoring a seminal text needed for these promising times.

And you should hope, for several reasons, this project gets the green light. Not only do we need the text, as a reference and HOW TO guide, but we’ll need at least a dozen ‘duty expert’ writers to pen various parts of the text. Are you qualified, experienced, motivated, and interested? If so, let me know via gfa7156@aol.com.

I.

TO: J. Wiley & Sons Publishers

FROM: George Allen, CPM Emeritus, MHM Master
40 Year Consultant to the Factory-built Housing Industry,

SUBJ: Book Proposal Opportunity for J. Wiley & Sons, to once again,
Publish the ‘Business Standard for all Manufactured Housing’!

In 1994, J. Wiley & Sons published a text ‘setting the business standard’ for raw land development of (then) manufactured home communities throughout North America!*1 Two years later, another J. Wiley & Sons-published text was quickly acclaimed to be
‘the bible’ for acquisition, property management, & disposition of manufactured home communities throughout North America!*2 Two decades have passed. Though long out of print, both case bound books continue to be sell online at $ amounts only slightly less than their respective retail prices in 1994 & 1996. Talk about retaining value!

I co-authored the first text, and was lead author and editor of the second one. See personal vitae enclosed with this book proposal.

Well, it’s high time for a new tome, covering similar subject matter, but in an expanded fashion, featuring today’s trade terminology, appropriate statistics, and business trends.

Not only is historicity and usefulness in play and demand here; know there’s a widely recognized affordable housing supply crisis afoot in our nation today. Only during the past several years have ‘housers’, across housing-type lines, begun to seriously consider the nature, availability, energy efficiency, and pricing viability of HUD-Code manufactured housing, and its’ related land lease community lifestyle, as being – if not ‘the answer’, certainly a significant part of the solution to this worsening national crisis. What the national housing supply audience needs now, is a contemporary text with which to educate themselves and others! And J. Wiley & Sons, by dint of the firm’s 1994 & 1996 enduring textual contributions, is well-positioned to address today’s housing education need.

Since the mid 1990s, I’ve authored a dozen books, mostly having to do with manufactured housing and (now) land lease communities.*3,4,5,6,7,8,9. Additional titles have to do with figurative language & figures of speech, a Chapbook of Business & Management, HOUSING AFFORDOGRAPHY, a Chapbook of Prayer, and more.

The proposed J. Wiley & Sons book will pick up and update from where the first two ended. The manufactured housing industry and land lease community real estate asset class have changed significantly, especially since the turn of this century – when the unique factory-built housing type, thru its’ own missteps, lost easy access to chattel capital needed for home mortgages on new homes sited on leased realty.*10. Today, the industry is on its’ way to recovery. * 11,12

Just what might the Table of Contents, of a new J. Wiley & Sons-published book, on affordable housing, manufactured housing & land lease communities, contain?

• An Introduction to Affordable Housing & overview of this nation’s affordable housing supply crisis….

• Manufactured Housing; one of four types of factory-built housing

• Land Lease Communities; development & operations, including property valuation, acquisition & disposition

• Making the Case for Manufactured Housing & Land Lease Communities as this Nation’s Most Practical Solution to its’ Affordable Housing Crisis!

Well, there you have it; the makings of a dynamic, hands-on, HOW TO text, relative to ins & outs of factory-built housing in general, manufactured housing in particular; raw land development into land lease communities – or, acquisition, management & sale thereof. And most important of all, how this type housing – costing 50% per square foot less than traditional stick-built housing – and its’ related community lifestyle, are indeed, ‘the answer’ to the affordable housing supply crisis in the U.S. today!

Who will author this text? My plan is to follow the successful pattern used in the J. Wiley & Sons-published text, How to Find, Buy, Manage & Sell a Manufactured Home Community, 1996. Then I identified and recruited 16 contributors to pen various parts of the 508 page text. While few of those individuals remain active in business circles today, I well know more than a dozen other businessmen and women who’ve become ‘duty experts’ in their own right, relative to affordable housing, manufactured housing, and land lease communities. I see my role being as a contributor to, and editor of, the new text.

Possible titles for the new text?

• Manufactured Housing = Affordable Housing

• Manufactured Housing & Land Lease Communities Today!

• Affordable Housing Supply Crisis Solution? Manufactured Housing!

Is J. Wiley & Sons interested in exploring this book proposal further?

For book marketing purposes, know I pen, publish, and distribute the only two print manufactured housing-related, subscriber-supported, monthly business newsletters: the Allen Letter professional journal ($134.95/year) & the Allen CONFIDENTIAL! ($944.95/year). In addition I write for the MHInsider trade (advertising-supported) magazine, and post a weekly blog read by many. Newsletter samples available on request.

Furthermore, since 1989, our firm has grown and maintained an exclusive, confidential data base containing names and contact information of 500+/- known portfolio owners/operators of land lease communities throughout North America! According to the 29th annual ALLEN REPORT (a.k.a. ‘Who’s Who Among Land Lease Community Portfolio Owners/operators in North America!’), the average property portfolio today, contains 39 land lease communities, and each property contained therein averages more than 200 rental homesites. We exercise this unique, one of a kind, data base almost monthly, for a $1,000.00 fee, in behalf of lenders, would be investors, product/service suppliers, and portfolios in disposition. This data base is their sole access to all these major players! And it’d certainly be a major marketing avenue for this new J. Wiley & Sons text as well. Sample ALLEN REPORT also available on request.

Looking forward, maybe, to working with J. Wiley & Sons once again.

End Notes to book proposal not included as part of this blog posting..

***

George Allen, CPM, MHM
COBA7, a division of GFA Management, Inc., dba PMN Publishing
Box # 47024
Indianapolis, IN. 46247
(317) 346-7156

WARNING! Also,’think tank’ & Preserving Your Legacy!

Monday, July 30th, 2018

Blog # 495; Copyright @ 29 July 2018; community-investor.com

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance,
a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
_____________________________________________________________________
something we’d all like to ignore; but it’s not going away, so ‘be aware, be careful, and maybe, beware!’

RV/MH Hall of Fame Induction
INTROUDCTION:

Let’s get the bad news out of the way first. Yes, this is a sincere WARNING about
Banquet, the MHAlive! ‘think tank’, Legacy Writer’s Seminar, & 27th annual International Networking Roundtable, collectively kick off the Fall 2018 meeting schedule. Be there and enjoy the events with your friends!

I.

WARNING!

Your Undocumented Pre-death Press Interview May be Used Gratuitously (‘in an uncalled for fashion’), to Convey a Maybe Different Message Than You Intended, After You Are Gone!

Seriously. To the best of my knowledge this sort of imbroglio (‘perplexing state of affairs’) has not occurred before, to any manufactured housing and or land lease community businessman or woman! But it appears to be occurring now. So, ‘be aware, be careful, and maybe, beware!’

II.

MHAlive! ‘think tank’

At this point I have no idea how many manufactured housing and or land lease community businessmen and women will join us at the RV/MH Hall of Fame, from 9AM to Noon, on 6 August. RSVP deadline isn’t until the day after you likely receive and read this blog # 495 posting (31 July 2018). But frankly, that does not concern me in the least.

Why? In years past, MHAlive!, on RV/MH Hall of Fame Induction (banquet) day, has attracted between a dozen and two dozen folk open and willing to suggest and discuss industry/asset class issues, trends, challenges & opportunities. I’m told, and I believe it, MHAlive! is the sole recurring public opportunity for men and women, like thee and me, to caucus, enjoy camaraderie and engage in healthy interaction. 6 August will be whatever you and others make it to be, or not. Will you be present? I sure hope so.

We’ll either meet in the upstairs board room (capacity 12) at the RV/MH Hall of Fame in Elkhart, IN., or downstairs in the amphitheater (capacity 75). And remember, there’s a $20.00/person fee, to offset meeting and handout material expenses. Last opportunity to RSVP via (317) 346-7156 or via email: gfa7156@aol.com

Plan to be at the RV/MH Hall of Fame Induction Banquet that evening? Then order your tickets NOW via (574) 293-2344. And here’s a special hint. When you see me there, ask: “Hey, you have something special for me?” I will, & I’m sure you’ll like it!

III.

Legacy Writer’s Seminar

To date, throughout the 70 year history of manufactured housing and land lease communities, only ten pioneers and leaders have authored or co-authored personal or corporate autobiographies! Too many grand experiences and adventures of business and personal challenge and success have disappeared unrecorded, upon the demise of their protagonists. That’s sad and so unfortunate – for one’s progeny (‘descendents’), ,mentees, business successors, and friends.

This ‘every other year’ writer’s seminar at the RV/MH Hall of Fame, on Induction (banquet) day, is my way of encouraging peers (You) to begin penning memoirs (‘short stories’), with an eye maybe, to collecting and self-publishing them in autobiographies or corporate histories, some day in the future.

This year is different. How so? Took time to research the eight autobiographies, one semi-autobiographical business text, and one photoautobiography now in print (Actually, Kris Jensen’s delightful book is long ‘out of print’), to compile ‘Who Will Preserve Your Legacy…as a manufactured housing or community businessperson? Answer: You!’ Yes, an unwieldy title, but clearly ‘splains’ the purpose of this handy HOW TO booklet. It begins by identifying and describing the existing ‘life & business stories’ in print, and in the RV/MH Hall of Fame library; then, recommends five steps to Preserving One’s Personal & Corporate Legacy. Extras? Proofreader’s marks, and a short story of my own, ‘Big George!’ Come and be motivated to preserve your legacy!

The information contained in the last paragraph of Part II (above) applies here as well, as to event location, $20 fee, and need to RSVP ASAP. In this instance however, everyone present will be given a copy of the legacy booklet just described.

IV.

27th Networking Roundtable

This annual event is only a month away. As oft happens this time of year, the Networking Roundtable ‘takes on a life of its’ own’, as presenters confirm their availability at the event, sponsors donate generously to offset event expenses, and frankly, excitement builds!

You’ve likely already studied the Networking Roundtable brochure, so know about the popular ‘Art of the Deal’ program Wednesday afternoon (4-6PM) – and how all day that day, a dozen or more on-site & regional property managers will be trained and certified as Manufactured Housing Managers, joining 1,000+ MHMs already owning/operating land lease communities throughout North America!

What you don’t know is that, as often occurs, we’ve added Surprise guest speakers and topics to the program. One team will describe how their firm grew a property portfolio two dozen communities strong, by selling & seller-financing new HUD-Code homes on-site; recently selling said portfolio for a record-setting value! Now they’re taking this unique business model ‘on the road’, teaching peers (you & me) how to do likewise with our land lease communities. A don’t want to miss learning opportunity!

And Skyline Champion execs will be on hand to ‘tell their merger story’ for the first time in a public forum. A tale we all need to hear. And yes, there’s yet another surprise guest presenter and topic TBA (to be announced) at the event proper.

Beside all that, Networking Roundtable aficionados know they’ll receive a special commemorative gift when they arrive. This year? A valuable memento designed especially for this event and its’ unique audience! And those who attend the early Friday morning informal prayer meeting (For our nation & its’ leaders ever since 9/11!) know they’ll each be given a book that carries a powerful message.

So, how can you not want to be present, 5-7 September, at The Alexander Hotel in Indianapolis, IN? To register for the MHM class and or Networking Roundtable, go to GetMeRegistered.com/COBA7NRT2018 Have questions? Phone me via (317) 346-7156 or email: gfa7156@aol.com And there’s still some corporate sponsorships available!

Going from NIMBY to YIMBY!?

Tuesday, July 24th, 2018

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance,
a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
____________________________________________________________________

‘Hang on to your hat!’ Once again HUD goes public about solving this nation’s affordable housing crisis, but ‘miss the answer’ when they avoid mention of the solution there within their regulatory oversight! Geesh! When will they ever get it right? HUD, you listening?

Going from NIMBY to YIMBY. Will it Ever Happen?

Gotta give HUD’s Office of Development & Research some credit though, for once again, laying the groundwork for a marked change in attitude and regulations to occur, if not now, someday in the interim or (Gasp!) distant future. However, don’t hold your breath in anticipation. Here goes…

NIMBY to YIMBY? That’s a play on the acronym, ‘Not In My Back Yard’, suggesting morphing into ‘Yes In My Back Yard’ – where hoped for amelioration of local regulatory barriers to affordable housing need be occur! You know, akin to other zoning bromides, like LULU & BANANA. Huh? New to you? Well, they’re simply deeper, negative sentiments of similar citizenry and city father negative mindsets; specifically: ‘Locally Unwanted Land Use’, & ‘Build Absolutely Nothing Anywhere Near Anybody!’ Now you know…

So, what’s it going to take to move from NIMBY to YIMBY anytime soon? Public support that simply isn’t there or here right now! Clear proof of that?

Way back in 1991, President George Bush appointed an Advisory Commission on Regulatory Barriers to Affordable Housing, to travel nationwide, and via local ‘listening sessions’, explore all aspects of this insidious and unnecessary restraint on housing supply. I was fortunate to testify during one such session in downtown Chicago. Well, the final presidential commission report, titled ‘Not In My Backyard: Removing Barriers to Affordable Housing’, by Ashley & Kean, was released with considerable fanfare at the time, but it went nowhere – as chock full of good and practical recommendations as it was.

One part I do recall, however, saw the authors hearkening back to yet an even earlier presidential commission, circa 1981 & 1982, on the very same public issue, when similar corrective recommendations were proffered. The main achievement of that 40 year old investigation, was encouragement and dawning of state activism to combat local regulatory barriers to affordable housing. And that continues, to varying degrees, to this day.

Fast forward now to year 2018. The Spring 2018 issue of Evidence Matters, published by HUD, is dedicated entirely to exploring this topic: REGULATORY BARRIERS & AFFORDABLE HOUSING.

The first article in the magazine, begins with sobering, convicting American household statistics:

“…21 million U.S. households are cost burdened – spending more than one-third of household income on housing expenses – and that 11 million of those households are severely cost burdened – spending more than one-half of household income on housing expenses.” p.2

Then goes on to cite: “…one aspect of the problem is an inadequate supply of new affordable housing.” due to, in HUD Secretary, Dr. Ben Carson’s words, “..out of date building codes, time-consuming approval processes, restrictive or exclusionary zoning ordinances, unnecessary fees or taxes, and excessive land development standards (that) can all contribute to higher housing costs….”

Whoa! Department of Housing & Urban Development, a.k.a. HUD. Isn’t this the regulatory agency tasked with enforcing the performance-based, federally preemptive building code, in place since 1976, updated by the Manufactured Housing Improvement Act of 2000? Why, Yes it is!

Then, ‘Why No Mention’, in this affordable housing emphasis article, of ‘How HUD-Code manufactured housing, if not transcending local regulatory barriers to affordable housing just cited, oft provides means around them?’ Examples. An ‘out of date building code’, the HUD-Code is not – as it’s under constant review by the Manufactured Housing Consensus Committee (‘MHCC’). Finished products (e.g. singlesection HUD-Code housing units) are easier to usher through approval processes than factory-built, component-encumbered, site or stick-built homes. Restrictive or exclusionary zoning ordinances are another matter, but can be avoided via state laws prohibiting housing type discrimination – as in Indiana and other states. Same with unnecessary fees and taxes.

Here the HUD writers add ‘insult to injury’. On page # 20 in this issue, they make a case citing California experience, with Accessory Dwelling Units or ADUs. -described as being “…an innovative way to increase affordable housing supply in high amenity areas occupied primarily by single-family homes….” Continuing, ADUs are secondary dwelling units, oft referred to as ‘granny flats’ or ‘in-law suites’. They can be “…small studios or one-bedroom units in a detached, attached, or converted space.” But here’s the ‘killer’ comment: “…an ADU is cheaper ($156,000 on average) than a single unit of affordable housing in a new development, averaging $332,000 statewide….” Huh?

While these are California ‘dollars’, who doesn’t know HUD-Code manufactured housing is far more cost effective, more spacious, energy efficient, and certainly design- attractive than any ADU or Tiny House? So HUD, why the wholesale omission of manufactured housing from consideration as the absolute best choice of affordable housing in the U.S. today? Inquiring minds would like to know!

Now back to the title and thesis of this week’s blog posting: ‘Going from NIMBY to YIMBY’ – Will it ever happen?’ My answer? NO! Why? Several real but sorry reasons:

• The HUD-Code manufactured housing industry itself, does a lousy job promoting and selling itself and its product line to prospective homebuyers/site lessees: again, attractive, spacious, quality, energy efficient, truly affordable housing and a desirable lifestyle! When was the last time you saw an ad on prime time TV to either end? Not ever!

• The Department of Housing & Urban Development (‘HUD’), though responsible for enforcement of the 1976 performance-based, federally preemptive building code legislated to control this type factory-built housing, does NOTHING to promote it, and its’ companion lifestyle, the land lease community, as the ‘one-two punch answer’ to our affordable housing crisis in the U.S. today!

• And frankly, as long as we have two, three, and now four, national advocacy entities competing to represent the manufactured housing industry and land lease community real estate asset class nationwide, we will continue to be a hopelessly fragmented industry, undeserving of recognition and respect from legislators and regulators capable of positioning ‘us’ as this nation’s premier source of affordable housing!*1

Want to change this sorry, perennial counterproductive state of housing and lifestyle affairs? Become actively involved at state and national levels with existent manufactured housing and land lease community-focused organizations. Make your views and voice known, the sooner the better! *2

End Note.

1. Manufactured Housing Association for Regulatory Reform; the Manufactured Housing Institute; National Association of Manufactured Home Community Owners; &, the Community Owners (7 Part) Business Alliance, a division of GFA Management, Inc., dba PMN Publishing.

2.. In the very short term, to make your views known, be present at the MHAlive! ‘think tank’, from 9AM-Noon on 6 August, at the RV/MH Hall of Fame in Elkhart, IN. RSVP a MUST, on or before 31 July, via gfa7156@aol.com. Cost? Only $20.00 ‘at the door’, to defray meeting-related costs.

Next? 27th annual International Networking Roundtable, 5-7 September, at The Alexander Hotel in Indianapolis, IN. 46247. Go to www.getmeregistered.com/COBA7NRT2018

***

George Allen, CPM, MHM
Box # 47024
Indianapolis, IN. 46247
(317) 346-7156

SHORT & NOT SO SWEET

Monday, July 16th, 2018

Blog # 493; Copyright @ 15 July 2018; community-investor.com

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance,
a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
_____________________________________________________________________

This Week, a Different Sort of Blog Posting

‘Short & Not So Sweet’

Of the 500 blogs I’ve penned and posted throughout the past decade, none identify more troubling business harbingers than this one! How so?

Since starting in manufactured housing and land lease community management in 1978, I’ve lived and worked with many of you reading these lines – through good and bad times. NOW however, as we recover from our industry’s nadir year 2009, many of us are seeing, with increasing clarity, just how

Tunnel vision consequences (i.e. lack of institutional recognition & collegial respect by federal legislators & regulators) due to continued industry disunity and backbiting among national advocacy entities,.

Perennial corporate consolidation and power plays among far too few elite producers of HUD-Code manufactured homes, along with far too few purveyors of chattel capital,

(&) Heavy-handed land lording practices by some property portfolio owners/operators,

whose actions, taken together, risk derailing manufactured housing and land lease community lifestyle as this nation’s sole best answer to its’ burgeoning affordable housing crisis!

The pivotal question is this: De we care enough about this disquieting present and uncertain future, to

Consolidate all national advocacy entities into one, to effectively lead and better serve every sector of the manufactured housing industry, including land lease communities;

Encourage increased competition among more HUD-Code housing manufacturers, and certainly more independent chattel capital lenders;

(&) Challenge portfolio ‘players’ to focus less on profiteering, more on improving resident relations; and, as Randy Rowe oft said in the past, ensure a fair ‘value proposition’ for homeowners/site lessees, relative to their combined PITI & rental homesite payments.

Well, do we?

***
George Allen, CPM, MHM
COBA7, a division of GFA Management, Inc., dba PMN Publishing
Box # 47034
Indianapolis, IN. 46247
(317) 346-7156

Postscript.
Two things.

First; it’d help me to know whether you agree or disagree with the harbingers (‘forerunners giving notice of the coming of another’) and recommended actions just described. Do so via email: gfa7156@aol.com or letter to above address.

Second. You owe it to yourself, your business interests, and our industry’s salaried and elected leaders, to let them know your ‘take’ on these important matters. Everywhere I go, folk complain about this tripartite status quo, but rarely do I hear solutions. Yours?

With that in mind, know there’ll be open forums, or likely opportunities, for industry issues discussion, at some or all the following events this Summer and Fall:

MHAlive! ‘think tank’ on 6 August, 9-11AM, at the RV/MH Hall of Fame. RSVP a MUST by 31 July. Only $20.00 fee, to defray meeting-related expenses. (317) 346-7156

27th Networking Roundtable, 5-7 September at The Alexander Hotel in Indianapolis, IN. www.getmeregistered.com/COBA7NRT2018 Attendance limited to 200.

MHI’s annual meeting, 23-25 September, at Huntington Beach, CA. (703) 558-0400

SECO Conference, 9-11 October, in Atlanta, GA. If you’ve not attended before, do so this year! Contact genevieve@secoconference.com

COBA7 ‘gift’; Fannie Mae ‘advice’; &, REALTOR U’s Market Study misses land lease communities….

Monday, July 9th, 2018

Blog # 492; Copyright @ 8 July 2018; community-investor.com

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance, a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
____________________________________________________________________

INTRODUCTION. Here’s a combo: COBA7, Fannie Me, & REALTOR University.

\Part I. COBA7-distributed American Flag Decals excite MH patriots coast to coast!

Part II. Fannie Mae ‘splains’ distinctions between chattel capital & real property lending

Part III. NAR’s REALTOR University stumbles around unfamiliar MH territory.

I.

American Flag Decals Everywhere!

Just what I hoped would happen, is happening! To date we’ve distributed several hundred of these 3″X4 1/2″ patriotic decals to COBA7 affiliates via the Allen Letter professional journal & the Allen CONFIDENTIAL! business newsletter, as well as enclosures in most correspondence leaving our office during the past couple weeks. Result? Phone and email requests ordering American Flag decals featuring the slogan: I STAND FOR THIS FLAG!

And hey, if you haven’t ordered your supply to distribute to friends, business acquaintances, and family members, it’s not too late to do so! Just phone me @ (317) 346-7156 or email: gfa7156@aol.com Use credit card to order soon.

100 American Flag decals for $150.00 (S & H included). And frankly, if you’d like just one decal for personal use, simply ask for it as well.

II.
A Few Takeaways from Fannie Mae’s

‘Key Legal Distinctions between Manufactured Home Chattel Lending & Real Property Lending’

Distributed by email on June 29, 2018

“The higher Rate Trigger (i.e. $50,000+) for smaller Chattel Loans is recognition that the fixed costs of originating and servicing those loans are the same as larger loans, but a larger proportion of the total loan amount. INDUSTRY ADVOCATES contend all of the Triggers for Chattel Loans should be even higher and apply to Chattel Loans of $75,000 or less. CONSUMER ADVOCATES contend that raising the Triggers, or the loan amount threshold, will erode important consumer protections.” (EMPHASIS added. GFA)

“In 43 states, a manufactured home remains personal property until the manufactured homeowner completes the ‘Conversion Procedure’ – a formal statutory procedure for electing to convey and encumber a manufactured home as real property. In those states, completing the Conversion Procedure legally converts the manufactured home to real property for all purposes. Thus, absent such a process, a manufactured home will not constitute a ‘fixture.'”

Re-Marketing a Repossessed Manufactured Home. “37 states and the District of Columbia allow the secured party to act as retailer for the sale of its’ repossessed manufactured homes without a retailer license. If the manufactured home is in a community, a retailer affiliate of the community may assist with the resale. Typically the secured party and the community will enter into a ‘Park Agreement’ whereby the secured party pays site rent, and refurbishes and maintains the manufactured home until it is sold in place. The cost of moving the home can be as high as $5,000. Thus, the secured party has incentive to enter into the Park Agreement. If the manufactured home is located on private land and the secured party does not have a lien on the land, typically the manufactured home is removed to the sales lot of the retailer that originally sold the home, and consigned for resale. In this situation, the secured party cannot avoid the cost of a move and an investor may be reluctant to purchase chattel loans secured by homes on private land. A prudent lender will get a landlord lien waiver when installing a manufactured home on private land. Finally, many secured parties list the manufactured home for resale on www.mhvillage.com” (lightly edited. GFA)

The final paragraph, in my opinion, raises a few questions:

• The definition of a ‘retailer affiliate’ working within a land lease community? Is this a casual or formal arrangement, job description? Who’s responsible party?

• Do, or must, Park Agreements always require secured parties to pay rental homesite fees or not?

• Is MHVillage the only marketing platform for repossessed manufactured homes?

Just asking…

III.

REALTOR University Looks at ‘Market for Manufactured Housing’ & Misses Key Role of Land Lease Communities!

Something that oft happens, when OUTSIDERS write like INSIDERS

In a recent issue of ‘The Journal of the Center for Real Estate Studies’, at NAR’s REALTOR University, research economist Scholastica (Gay) Cororaton, CBE, penned a 30+ page paper titled ‘The Market for Manufactured Homes.’

On the surface, reading US Census Bureau stats, along with data from the Institute for Building Technology & Safety (‘IBTS’), one expects a credible ‘run of the MH mill’ report about our industry, albeit penned by an outsider. Not.

Here’re the first two paragraphs from said ‘review & commentary’ I crafted. If you want the entire document, simply request it, providing your postal mailing address, via gfa7156@aol.com. No charge for this service. Here goes….

The good news here is, a researcher/writer describes our industry, and the unique factory-built housing we fabricate (i.e. HUD-Code manufactured homes), as a continuing (since 1960s & 70s) popular form of affordable housing in the U.S.! And she uses pre-publication content reviews by Jenny Hodge of MHI, and Marc Lifset, esquire, to try and get the story right.

The not so good news, however, is the 30+ page report is mute about the important role land lease communities (a.k.a. manufactured home communities) play in the U.S. affordable housing scenario. This is an especially troubling omission, as the industry and its’ realty sector work their way through an 18 year paradigm shift (i.e. a NEW ERA), characterized by new HUD-Code homes distributed, less by independent (street) MHRetailers, and more via direct factory purchase, siting/sale on-site, and seller-financing of said homes in land lease communities – likely approaching 40 percent by year end 2018.

The stark reality of manufactured housing statistics – well beyond, and certainly no fault of Ms. Cororaton, is U.S.Census Bureau, some other related federally-mined data is, in this industry observer’s opinion, hopelessly flawed up and down the line. How so? Lack of careful definition and clarity relative to matters like:

• Titling. Difficult to tell whether statisticians are talking of vehicle-like (personal property) titling, or realty-secured titling. Manufactured housing, depending on permanence – or not, of installation, easily goes either way. For example the permanent installation of a manufactured home on realty conveyed fee simple ‘might’ well be titled as realty-secured once it goes thru the conversion process; however, it might not. And installation of a manufactured homes on rental homesites in a land lease community is generally, but not always, subject to vehicle-like (personal property) titling. Most, if not all, federal research documents do not clearly define and differentiate among these alternatives.

• Then there’s further confusion re siting manufactured homes on a rental homesites in land lease communities, compared to similar sitings on a scattered building sites owned and leased to the homeowner by another party. Depending on permanence, or not, of installation-and other factors, is titling vehicle-like or realty-secured? Again, this can go either way.

• Community. And there’s ongoing confusion, using 2016 annual data as a baseline, as to whether all manufactured housing placements cited as being ‘in community'(e.g. 34%), relate to land lease communities (a.k.a. manufactured home communities) alone, versus ‘on private land’ (66%). Would be nice if it did. However, are all homes ‘in community’, subject to vehicle-like titling, or is there a difference within condominium communities, and of late,, resident-owned communities operated by cooperatives? Similar confusion reigns when it’s recognized – again using 2016 annual stats, that 77% of all new manufactured homes are titled as personal property, and only 17% as real estate secured. What’s the titling status of the other 6%?

And the confusion continues, whether outsiders or insiders attempt to sort thru and make sense of the data on hand.

Is there a solution to all this? Sure. But in my opinion, it’d take a massive rethink on this matter, over time, by an elite task force comprised of knowledgeable individuals from the U.S. Census Bureau, HUD, FHFA, Fannie Mae, Freddie Mac, a few NGOs (non-governmental organizations such as manufactured housing advocates), and seasoned executives and freelance consultants with ‘skin in the game’ as entrepreneur businessmen and women. We’d have to literally, ‘start from scratch’ to make this happen.*1

End Note.
1. A year ago, at Fannie Mae headquarters in Washington, DC., I experienced a rare and insightful look into this sort of project. GSE staff agreed with me about the ongoing data confusion, caused by lack of definition and clarity. We openly talked about solutions. Nothing, however, was accomplished as we all soon realized the massive scope of unraveling this confusion of the past, to create a working template for the future..

American Flag; HELP WANTED; & MHARR speaks….

Monday, July 2nd, 2018

Blog # 491; Copyright @ 1 July 2018; community-investor.com

Perspective. ‘Land Lease communities, previously manufactured home communities, & ‘mobile home parks’, comprise the real estate component of manufactured housing.’

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance,
a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
_____________________________________________________________________

INTRODUCTION/ ‘That question’ again, two unique opportunities; and, a contretemps?

“What have you done to MAKE MANUFACTURED HOUSING GREAT AGAIN!?” This is a timely, key question every conscientious businessman and woman, involved in our industry or with land lease communities, should be asking oneself daily! Are you???

Part I. Order American Flag car window decals, for friends & employees, here and now!

Part II. ‘HELP WANTED’ for preparation of the 30th anniversary ALLEN REPORT.

Part III. MHARR throws down the gauntlet, encourages NAMHCO, & imitates….

I.

“Hey, I Like It! Where Can I Get One?”
What?
An American Flag Decal with the Slogan
‘I STAND FOR THIS FLAG!’

Recently mounted one of these 3’X4 1/2″ patriotic decals on the left rear passenger window of my car, right above a VIETNAM VETERAN sticker already there.

After the third person accosted me, while stopped at traffic lights, asking where they could get the same American Flag decal (I gave one to each individual), I decided to share this sourcing with you and others….

Best deal is to order 100 American Flag decals for $150.00 via gfa7156@aol.com Should be easy to distribute patriotic American Flag decals to one’s friends, family members, business associates, and employees! That’s what I’ve done. We’re enclosing an American Flag decal, as a lagniappe, in the July issue of the Allen Letter professional journal. And it’s not just me who’s doing this.

Last week I visited a ‘friend in the MHBusiness’ who’s recovering from an injury, at a local rehab center. When I gave him one of the American Flag decals he immediately asked ordered 200 – to distribute to his friends, family members, business associates, and employees! So, how ’bout you? Got a hankering to encourage fellow American citizens to STAND FOR THIS FLAG! ? Sure hope so…

And there’s historic precedent for this distribution. I vaguely recall, in the 1950s, seeing American Flag decals on just about every automobile on the road. Seems those American Flag decals were distributed by Readers’ Digest back then, though I could be wrong. So, let’s together start a 2018 American Flag decal display movement, first throughout the manufactured housing industry, then among land lease communities, and as widespread as it goes. This is also happening on Facebook!

Order your American Flag decals today! I’ve just repeated my initial order. Want a FREE sample American Flag decal? Simply email your postal mailing address to me via gfa7156@aol.com, and request it.

II.

HELP WANTED

30th anniversary ALLEN REPORT research begins in August;
#s compilation in November; & publication in January 2019

Yes, it takes six months to survey more than 500 land lease community portfolio owners/operators domiciled throughout North America. Not an easy job. The ‘good news’ is, the ALLEN REPORT, once published, faithfully reflects the annual data response from 25 percent of 500+/- portfolio owners/operators of these unique, income-producing properties! For 29 years, the ALLEN REPORT has been esteemed as the asset class’ longest-running, most comprehensive accurate, and widely-circulated compendium of land lease community benchmark statistics available from anyone, anywhere, anytime!

This 30th year, however, we’re approaching a point where HELP will be needed going forward, by Community Owners (7 Part) Business Alliance, a.k.a. COBA7, as it prepares for a future when ‘someone else’ will be responsible for research, compilation, and publication of the ALLEN REPORT. Said transition will not be an easy or casual process; in large part, because the time and effort to prepare said report is neither easy or casual. One must have a genuine passion for, and knowledge of, land lease community investment and operations, as well as a bona fide desire to serve one’s peers with timely and accurate property-related information, as well as trend identification and analysis.

Passion (as in attitude & motivation) alone, however, is not enough! One too must have the ability to clearly communicate basic, as well as nuanced data to fellow community owners/operators; and that, in most cases, (again) only comes from firsthand successful experience owning and or operating the property type over time.

So, with all that said, where do we go from here? Fortunately, I’m not pressed by time, or by circumstances, to make a hurried decision on this important matter. But I am open to inquiries and suggestions from friends and associates throughout the realty asset class, who’d like to ‘know more’ about the matter and make their thoughts known..

With that said, here’s how I prefer to proceed. If you’re truly interested in learning more about this opportunity, so you can ascertain how you might fit into the situation, you need to write, via email or formal correspondence – your choice; expressing personal interest, asking questions, via: gfa7156@aol.com or GFA c/o Box # 47024, Indpls, IN. 46247.

What’s this job pay? Directly, at this point, it doesn’t. Option II & III paid affiliations with COBA7, underwrite expenses involved, from salaries to printing to distribution of the ALLEN REPORT. And it is realized, this is one of those hurdles that’ll have to be resolved during the months and year ahead. Suggestions?

POSTSCRIPT

Know what causes me to lie awake some nights, worrying?

What will happen to the broad array of useful products & services created for, and distributed to, land lease community owners/operators during the past 30 years (Beginning with self-publishing of Mobile Home Park Management text in 1988; now Land Lease Community Management)?

And that’s just the tip of the formidable resource iceberg. The ALLEN REPORT, along with two monthly business newsletters of two decade longevity (i.e. Allen Letter and the Allen CONFIDENTIAL!); nearly 500 internet blog postings; and, more than a dozen Signature Series Resource Documents or SSRDs (i.e. Think ”National Registry of ALL Lenders!’ & ‘Who Ya Gonna Call?’ directory of freelance consultants, and many more). And don’t forget the Manufactured Housing Manager professional property management training and certification program! Today, more than 1,000 MHMs own and manage land lease communities throughout the U.S. & Canada.

Again; will there be a future researcher, preparer, and purveyor of all this? Or will we regress back to the ‘resource dark days’ of the late 1970s and early 1980s, when there were no such reports, newsletters, blog postings, SSRDs, and professional property management training and certification, let alone networking roundtables for education and deal-making purposes.

That’s why we’ve started looking now, towards how all this will be handled in the future. To date, only the MHM program has been, in part, handed-off to capable, experienced, passionate instructors. And it’s my hope the annual Networking Roundtable isn’t far behind, and, in time, maybe the ALLEN REPORT. But what about the other resources?

No national advocacy entity for manufactured housing or land lease communities, today, comes anywhere near close to researching and purveying what’s described in the previous paragraphs. They’re focused, perhaps as they should be, solely on federal legislation and regulatory matters – not on serving the day to day operational needs of community owners/operators nationwide.

All this is a conundrum (‘a hard question’) of the first degree, for land lease community owners/operators nationwide and throughout Canada..

III.

MHARR REPORT & ANALYSIS, 6/25/2018

Did you see and or read MHARR’s nine page, single-spaced review of seven general topics of interest to manufactured housing aficionados? Well, I did, and what follows here is, 1) a key question it ignored addressing, then 2) abbreviated paraphrases containing particularly pithy, thought-provoking commentary you should read or reread.

First the question: ‘Why no mention of the search for, or naming of, a permanent hire to replace Pam Danner as director of HUD’s manufactured housing program?’ This continues to be a lively political (‘power’) issue, right? Or not?

Now, seriously ponder this. “…untold thousands of consumers are eliminated from the (housing) market due to unnecessarily high interest rates on manufactured homes, and particularly manufactured home chattel loans (due to ongoing refusal by Fannie Mae & Freddie Mac, to provide market-significant securitization and secondary market support for such loans). To make matters worse…the refusal of local communities to permit development of new (land lease) communities, or otherwise permit placement of manufactured homes in vast areas of the U.S., needlessly drives potential homebuyers away from the HUD Code market.” (lightly edited. GFA). OK, that’s 2/3rds of the industry challenge at hand.

There’s yet another aspect of this, some say sordid, tale and it’s explored on a later page in MHARR’s Report & Analysis:

“…industry experts are beginning to question whether the (manufactured housing) industry’s largest lenders and producers are serious about full and robust implementation of the ‘Duty to Serve Underserved Markets’ (‘DTS’). Specifically, what conceivable incentive do those industry dominant(ing) lenders, in particular, have, to demand market-significant securitization support by Fannie Mae, Freddie Mac, and Federal Housing Finance Agency (‘FHFA’), for manufactured home chattel loans – which would likely erode already high interest rates and simultaneously draw additional competing lenders into the HUD Code market – when those current dominant(ing) lenders can still seek statutory Dodd-Frank relief from Congress, to continue making high-cost loans (or charge even higher rates) with no additional liability risk?” (lightly edited. GFA). Perhaps you should read that paragraph again, to fully absorb the writer’s views….

Do you understand what’s being said and implied here? If not, you’re not paying close enough attention, and need to start doing so…In the meantime, and moving on…

MHARR next weighs in on the recent founding of the National Association of Manufactured Housing Community Owners, Inc. (‘NAMHCO’). Now, MHARR postures itself as impetus for this debut, by dint of its’ 2017 Study & Analysis, calling for the “…formation of a new, independent postproduction manufactured housing association”. Be that as it may – or may not be, I’ve long and well-know the founders of NAMHCO. Their immediate concern, focus and scope are not as broad and all-encompassing (i.e. all post production segments of the industry) as MHARR seems to suggest. Frankly, NAMHCO appears to be concerned about the immediate political, regulatory, legislative, lobbying needs of land lease community owners/operators out West, and in time, nationwide.

This industry observer’s view on this timely subject? Leave NAMHCO alone, for the time being, as it ‘gets up & running’! If you want to encourage their leaders, meet and talk with them on 6 August at the RV/MH Hall of Fame, at one of the meetings scheduled that day. And then again, at the 27th International Networking Roundtable, 5-7 September, in Indianapolis, IN.

MHARR opining, at times, ‘goes off the deep end’ with its’, in my opinion, pontificating (‘assuming an air of infallibility, speak pompously’), risking loss of its’ industry ‘cred’. Here’s one such paragraph, lacking clarity and specificity, therefore lacking usefulness.

“This matter (i.e. post-production representation)…complicated by involvement of self-promoting individuals and/or entities not only hav(ing) difficulty grasping the magnitude of the ongoing failures of the post-production sector – and damage inflicted on the industry and consumers – but also continue to press and advance ostensible remedies (publications, conferences, meetings, etc.) that are overly simplistic, unduly parochial, and simply inadequate to address the much larger and significantly more complex problems underlying this crucial issue.” (lightly edited. GFA).

While the MHARR paragraph says much, it contains little substance, and is of minimal practical value. What or who is being described? And what ostensible (‘appearing outwardly’) remedies, simplistic and otherwise, has MHARR put forth “…to address the much larger and significantly more complex problems underlying this crucial issue”? Answer? Beyond its’ smaller, regional HUD-Code manufacturer membership base, little to NO remedies per se, its’ 2017 Study & Analysis report notwithstanding.

How’s the ditty go? If you’re not part of the solution to a challenge, you’re likely part of the problem!’ Point? Stop ‘talking about everyone else’ MHARR, and open your membership to other sectors of the manufactured housing industry – if you truly believe you can perform and lead better!

***

George Allen, CPM, MHM
COBA7, a division of GFA Management, Inc., dba PMN Publishing
Box # 47024
Indianapolis, IN. 46247
(317) 346-7156

SAAs, PIAs & ‘Shiners’; RECONFIGURE MH Shipment %s

Monday, June 25th, 2018

Blog # 490; Copyright @ 25 June 2019; community-investor.com

Perspective. ‘Land Lease communities, previously manufactured home communities, & ‘mobile home parks’, comprise the real estate component of manufactured housing.’

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance, a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
____________________________________________________________________

INTRODUCTION: Did YOU Know? The month of JUNE has been National Homeownership Month all along?! Wow; as an industry of ‘housers’, we ALL missed that public opportunity to ballyhoo ‘manufactured housing & land lease communities’ to prospective homebuyers/site lessees! Hmm. Perhaps our gross oversight, on this matter, is symptomatic of our industry inability, to date, to get enthusiastically on board and MAKE MANUFACTURED HOUSING GREAT AGAIN! Think about it…

Part I. After 40 years in the MHBusiness I don’t get to participate in very many truly unique personal experiences. Well, this was indeed one of them. Read on…

Part II. It’s not so much I ‘made a mistake’ estimating percentage of new home shipments going into land lease communities, as it is better sourcing of apt data now available.

Next blog posting (#491)? New HUD-Code housing price increases aggravate land lease community owners. If regulations accounts for 30+% of multifamily development costs, how much does regulation of HUD-Code homes cost homebuyer/site lessees? And, preparations being made for 30th anniversary edition of the ALLEN REPORT (January 2019 distribution); anyone interested in coming alongside to learn how to do this? And maybe: a new SSRD under development: ‘Sources of MH & LLCommunity-related Statistics’

I.

SAAs , PIAs, & ‘Shiners’ in St. Louis, MO.

Huh?

Yes, for many – if not most, reading this blog posting, the title bears some explanation. Frankly though, it shouldn’t, IF you’ve been a ‘houser’ for more than a decade. But what do I know? I’ve been a housing provider for four decades and still need to look at my ‘cheat sheet’ to recall the names of the two state agencies described by SAA & PIA abbreviations. And it took this trip to HUD’s Western & Midwestern Regional Meeting, to learn what a ‘shiner’ is. So, here goes….

State Administrative Agency, or SAA is responsible for inspecting new manufactured housing installations – and in some cases, like in Minnesota, even installations of relocated resale (used) manufactured homes.

Primary Inspection Agency, or PIA folk are the in-plant inspectors ensuring factory compliance with HUD’s performance-based federal building code, where manufactured housing is concerned.

And ‘shiner’? Well, those are the (shiny) heads of nails unintentionally exposed on shingled roof systems of manufactured homes. They tend to move, over time, and in doing so cause damage to the roof system, i.e. leaks.

So, what happened at this State Administrative Agency & Primary Inspection Agency Western & Midwestern Regional Meeting facilitated by HUD’s Office of Manufactured Housing Programs, and led by Teresa Payne, acting administrator of this office.

SAAs & PIAs, from throughout the U.S., shared inspection and record keeping methodologies, and hands on experiences, pursuant to their respective housing product and installation evaluations – and in the latter instance, typical remedial recommendations, even demands, of errant parties. Quite an educational experience for this veteran of factory-built housing fabrication (during 1970s & 80s) and longtime owner/operator of land lease communities (from 1990s thru 2017). Bottom line for me? Impressed to learn how relatively few homeowner/site lessee complaints make their way through the federal Dispute Resolution Program these days, at an average of maybe only a dozen per year per state.

Two recommendations to HUD for future such meetings? First, spread this educational, networking (opportunity) tent in a far larger way! Encourage all HUD-Code housing manufacturers to be represented at this event. This time around, only CAVCO Industries was represented. But I was encouraged to see our national advocates present: MHARR, MHI, & COBA7, as well as IBTS (Institute for Building Technology & Safety…HUD’s scorekeeper re # HUD-Code homes shipped every month of the year…more about IBTS later in this blog). More SAAs & PIAs need to get on board as well. Given a quick check of the 55 name attendee list, I identified nearly two dozen states ‘not represented’ by their SAAs & PIAs. Why?

And there’s a unique opportunity afoot here! Believe it or not, among these erudite manufactured housing folk, I heard repeated references made to trailers & coaches (GASP!), ‘mobile homes’, manufactured housing, and more. Also reference to ‘park model RVs’, container houses, and yes, Tiny Houses. And I got the distinct idea, individuals had any idea why the trade press now talks of land lease communities rather than ‘mobile home parks’ and manufactured home communities. Point? Someone, and why not have it be HUD’s Office of Manufactured Housing Programs, that puts forth a Style Manual of sorts, listing and explaining various preferred manufactured housing-related trade terms; then publish and distribute it widely throughout the industry and among the real estate asset class, HUD may not be aware, COBA7 already publishes (circa 2015) the industry’s Official Lexicon, Glossary of MHIndustry Terminology, and would be pleased to contribute a copy to jump start such a worthwhile project.

So, next time you hear of a State Administrative Agency & Primary Inspection Agency Meeting taking place, consider attending, to learn – as I did, the basics and nuances of housing product and installation inspections per the HUD-Code. Consider it a key step along the way to MAKE MANUFACTURED HOUSING GREAT AGAIN!

II.

RETHINKING

Percentage of New HUD-Code Homes Going Directly into Land Lease Communities, 2009 thru 2017….

By now, many if not most of you reading this blog posting have ‘heard or read the following drill’:

‘During year 2009, the manufactured housing industry’s nadir year, it shipped buy 49,789 new homes, with approximately 24% of those, or 12,000+/- going directly into land lease communities nationwide. That year also saw the debut of Community Series Homes (‘CSH models’), designed for in-community placement – and given the demise of 10,000+/- independent (street) MHRetailers since the turn of the century (per MHI), community owners began to have to buy, sell, and oft seller-finance new homes on-site, to fill vacant rental homesites within their income-producing properties.’

OK, all was, and is, well (accurate) to that point, but here’s where we (me?) went astray, using published data available to us at the time.

‘By year end 2015, when the manufactured housing industry shipped 70,544 new homes, including many CSH models, federal records seemed to indicate 41% of those, or 28.000+/- new homes, were shipped directly into communities nationwide. And I, for one, predicted that percentage might escalate to 75% by year end 2020 – and indeed it might!’

But two things have happened, so far during year 2018, to bring the second percentage (i.e. 41%) into serious question, as well as the 75% prediction. Firstly, an emerging trend. Secondly, a renewed look at commerce.gov website data not available earlier.

In the first instance, new HUD-Code housing sales via independent (street) MHRetailers is experiencing an uptick in many local housing markets; so much so, they’re now competing with community owners for the services of licensed installers. This has not been a challenge during the past decade or so, but certainly has become one now.

Second. When one accesses Department of Commerce records regarding annual shipment volumes of HUD-Code manufactured homes, one finds a different numbers picture than painted during the recent past. Here’s the corrected array

Year 2009 = 49,789 new homes shipped, with 24% or 12,000+/- going into communities

Year 2012 = 54,881 new homes shipped, with 29% or 16,000+/- going into communities

Year 2013 = 60,228 new homes shipped, with 30% or 18,000+/- going into communities

Year 2014 = 64,331 new homes shipped, with 33% or 21,000+/- going into communities

Year 2015 = 70,544 new homes shipped, with 34% or 24,000+/- going into communities

Year 2016 = 81,336 new homes shipped, with 34% or 28,000+/- going into communities

Year 2017 = 92,902 new homes shipped, with 32% or 30,000+/- going into communities

The estimated shipment numbers, in the seven previous lines, have been rounded, to ease comprehension and retention. As such, they clearly demonstrate two points:

• First, by year end 2015 we were evidently not shipping 41% of new HUD-Code homes into land lease communities, but rather 34%.

• Second; it is encouraging to see how the volume of new HUD-Code homes being shipped into communities has increased ‘almost’ three fold between 2009 & 2017

Furthermore, it’s interesting to estimate what the shipment total (into communities) might be by the end of 2018, as we surpass the 100,000 new HUD-Code homes total. As another 32% year, that could mean as many as 32,000 new homes so delivered. And at 34% the number of new HUD-Code homes shipped would increase to 34,000. Bets anyone?

Now here’s an interesting, related sidebar. As the in-community siting percentages increased by at least 4% between 2012 & 2017, the number of new homes titled as personal property, but ‘not in-community, dropped by 4%, e.g. 2012 = 77 personal property titles (-) 29% in-community homes = 48% personal property titled homes on privately-owned scattered building sites. And, 2017 = 76 personal property titles (-) 32% in-community homes = 44%. personal property titled homes on privately-owned scattered building sites. So, 48% – 44% = aforesaid shift of 4% fewer homes on privately-owned scattered building sites. .

Two final points to be made:

• First, if you’re a land lease community owner/operators, you’ll surely want to save and or record the above seven year shipment volumes and, for the most part, increasing percentages going into our unique, income-producing property type.

• Second. About those annual new HUD-Code home shipment totals listed above. Those are not only copied directly from the www.commerce.gov website, they are also the same totals published by HUD, MHARR, & COBA7! All three national regulatory and advocacy entities use unadulterated new HUD-Code housing shipment data researched and published monthly by the aforementioned Institute for Building Safety & Technology (‘IBTS’).

Lesson to be learned here? Use data from the sources identified in this paragraph.*1

So there you have it, the RETHINKING of Percentage of New HUD-Code Homes Being Shipped Directly into Land Lease Communities Nationwide. One more key data point along the road to MAKE MANUFACTURED HOUSING GREAT AGAIN!*2

End Note:

1. Want the comprehensive ‘Official Record of MH shipment Data, from 1955 thru 2017’? Order a copy of the newly released second edition of SWAN SONG, from PMN Publishing, for discounted price (until 1 August 2018) of only $24.95 (includes postage & handling), by phoning the Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

2. Want to be part of the industry wide discussion of How to MAKE MANUFACTURED HOUSING GREAT AGAIN! ? Plan to be at the RV/MH Hall of Fame in Elkhart, IN., the morning (9AM-Noon) on 6 August 2018, for this year’s MHAlive! ‘think tank’ event. Cost? Only $20.00 at the door (to defray meeting-related costs), but RSVP a MUST, on or before 31 July 2018, by email: gfa7156@aol.com or phone (317) 346-7156.

George Allen, CPM, MHM c/o Box # 47024, Indianapolis, IN. 46247.

***

All hail ‘MMHGA!’ & Plan Your Busman’s Holiday!

Wednesday, June 20th, 2018

Blog # 489; Copyright @ 24 June 2018; community-investor.com

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance,
a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764

COBA7 Motto: ‘U Support US & WE Serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
_____________________________________________________________________

INTRODUCTION. If there’s an editorial thread to blog # 489, it’s characterized by two words: CONNECT & DISCONNECT. How so?

Part I re-describes the MAKE MANUFACTURED HOUSING GREAT AGAIN! campaign, ‘connecting’ manufactured housing & land lease community businessmen and women with prospective homebuyer/site lessee local housing markets; BUT remains woefully ‘disconnected’ from national advocacy entities, financed by dues and floor fees, to represent manufacturer and community owner interests, i.e. SELL MORE HOMES!

Part II is about ‘connecting’, from networking and educational perspectives, by ‘ disconnecting’ from our busy daily work schedules, to 1) play a relaxing round of golf; 2) make one’s views known regarding present & future machinations of manufactured housing; 3) learn firsthand how to preserve one’s personal or corporate legacy for generations to come; and, 4) celebrate the induction of ten RV/MH peers into the prestigious RV/MH Hall of Fame? A busman’s holiday on 6 August 2018, that’s where!

So, read Parts I & II with CONNECT & DISCONNECT in mind; then make your decision how to best participate in shaping the future of our industry and real estate asset class – and how to best preserve your legacy for family and friends!

I.

No Apologies for

MAKE MANUFACTURED HOUSING GREAT AGAIN!

Campaign

Touched additional nerves this past week, with the recommended industry wide rallying cry, theme, goal! That’s Good! People are now reading, thinking, and responding to the ‘MMHGA’ idea cum campaign slogan.

So far, who’s signed on to MAKE MANUFACTURED HOUSING GREAT AGAIN!? Alas, NO HUD-Code housing manufacturers, and that’s unfortunate – as well as ‘telling’. However, the campaign will be front and center at the

• MHAlive! ‘think tank’, 9AM-Noon on 6 August, at RV/MH Hall of Fame in Elkhart, IN. Only $20.00 at the door (to defray meeting expenses, handout material), but RSVP a MUST, on or before 31 July 2018 via (317) 346-7156

• 27th annual International Networking Roundtable, 5-7 September, at the Alexander Hotel in Indianapolis, IN. 200 registration limit! So, don’t wait. Visit www.GetMeRegistered.com/COBA7NRT2018 For info: gfa7156@aol.com

• 30th anniversary edition of the ALLEN REPORT, a.k.a. ‘Who’s Who Among Land Lease Community Owners/operators Throughout North America!’ Yes, after 30 years, it’s high time for community investors to take the lead in the MMHGA campaign if no one else will! ALLEN REPORT due 1 January 2019.

This overview begs a public answer to this question: Where are our national advocacy entities relative to the MAKING MANUFACTURED HOUSING GREAT AGAIN campaign? To signal your, or your firm’s (business, trade association, publication), support of this timely and much needed Campaign, tell me via gfa7156@aol.com

Furthermore, we’re soliciting Your Suggestions as to how Best to Proceed with the MAKE MANUFACTURED HOUSING GREAT AGAIN! Campaign. Your ideas?

Send suggestions to me via gfa7156@aol.com, or hard copy to GFA c/o Box # 47024, Indianapolis, IN. 46247, or if preferred, phone the Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764 or (317) 346-7156..

Thanking You in Advance For Your Valuable & Valued Input to this Campaign!

II.

Treat Yourself to a Manufactured Housing Busman’s Holiday*

Busman’s Holiday?
‘A holiday during which one does something similar to what one does as work’.

Date & Location: Monday, 6 October 2018 at the RV/MH Hall of Fame, Elkhart, IN.

Four different events that day, celebrating the recreational vehicle and manufactured housing (including land lease communities) industries nationwide.

Begin Monday morning by participating in the annual RV/MH Hall of Fame golf tournament. For location, times, and cost, phone (547) 293-2344

Or, remain at the RV/MH Hall of Fame, at 21565 Executive Parkway, Elkhart, and from 9AM until Noon, participate in the MHAlive! ‘think tank’ for this year. Expect to join one or two dozen of your MH peers in the facility board room or amphitheater, as we brainstorm how to MAKE MANUFACTURED HOUSING GREAT AGAIN! by ‘Solving Our Nation’s (Lack of) Affordable Housing Crisis, with Factory-built Housing & Land Lease Communities!’ – and more! Only $20.00, payable at the door (to defray meeting related expenses & handout material), but RSVP is a MUST, on or before 31 July 2018 via (317) 346-7156 or gfa7156@aol.com

And then, following the lunch hour, a two hour informal writers conference will occur.

1-3PM, again, in either the upstairs boardroom, or downstairs amphitheater, we’ll convene for ‘Preserving One’s Personal or Career Legacy via Memoirs or Autobiography’. seminar. Not only will all 10 autobiographies, authored by MH pioneers and leaders over the past 50 years be on hand to see, but the newly released ‘Who Will Preserve Your Legacy…Answer: You!’ booklet will be distributed to everyone present. So, if you’ve ever thought about this personal timely topic, plan to be present! Again, only $20.00, payable at the door (to cover cost of booklet & other handout material), but RSVP is a MUST, on or before 31 July 2018 via (317) 346-7156 or gfa7156@aol.com

Than, at 5:30PM the annual gala RV/MH Hall of Fame Induction Banquet reception begins!

If you’ve not attended this sterling gathering of the pioneers and leaders of the RV & MH industries you simply do not know what you’re missing! How so? Well, the banquet itself routinely draws between 400 & 700 paying guests, the number depending on the sizes of parties accompanying the ten Class of 2018 inductees. To purchase tickets to the banquet, phone (574) 293-2344.

And here’s a tip for you. It’s becoming easier to identify past and present members of the RV/MH Hall of Fame since many of them now wear bright green blazers with a gold RV/MH Hall of Fame crest on the left breast pocket.

Hey, hope to see many of you at the RV/MH Hall of Fame on 6 August 2018!

***.

MAKE MANUFACTURED HOUSING GREAT AGAIN!

Thursday, June 14th, 2018

Blog # 487; Copyright @ 10 June 2018; community-investor.com

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

This blog posting is the sole national advocate, voice, official ombudsman, historian, research report & online communication media for all North American LLCommunities.

To input this blog &/or affiliate with Community Owners (7 part) Business Alliance, a.k.a. COBA7, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

COBA7 Motto: ‘U Support US & WE serve U!’ Goal of its’ print & online media =
to not only inform & opine, but to transform & improve MHBusiness performance!
______________________________________________________________________

INTRODUCTION: (I) ‘Make Manufactured Housing Great Again! – revisited. (II) New Home Sales & Financing & Rental Homesite Leasing in Communities Seminar, (III) New Tool for Estimating Compensation of On-site Property Managers, (IV) Your Legacy Preservation Tool is Here & Available for Purchase!

I.

MAKE MANUFACTURED HOUSING GREAT AGAIN

‘Touched Nerves With This rallying cry, theme, goal, last week!’

Thanks for encouraging phone calls and email messages relative to last week’s blog posting introducing MAKE MANUFACTURED HOUSING GREAT AGAIN! Sole regret? HUD-Code housing manufacturers, who also received this blog posting – and should be supporting an industry wide rallying cry, theme, goal – did not reply. Maybe this time around….If not; well, that in itself sends the rest of us a clear message!

Especially appreciated Ross Kinzler’s ‘take’ on the idea of embracing a rallying cry, theme, goal, for the manufactured housing industry going forward, relative to shipping 100,000 new HUD-Code homes by year end 2018, and 200,000 by year end 2022. Here’s what he penned on the subject (Can you pick out his two recommended theme variants?):

“Can I take a contrarian view? Which is better, looking back or looking forward? What was so great in the past other than shipments? If the industry was starting from scratch, what would it want from regulators? I contend it has it all, just some tweaks needed. So instead, how about: MH to the Rescue! The pitch should be ‘The housing answer is right here, right now, Just Say YES!”

Actually, all three shibboleths (‘slogans’) are not far apart in focus and message. What say you?

Then there’s this related tangent, sent from ‘our industry’s unofficial, but always building bridges with academia, liaison’, Rick Roethke of Barrington Investments (in IN & CA).

“I had dinner recently, in Palm Beach, with the chief economist and economic strategist for (one of the GSEs), and we had a stimulating conversation (about) manufactured housing. I believe the (federal) government still has a distaste for manufactured housing; however, they realize its’ competitive price advantage over stick-built. The challenges remain: land use issues, chattel financing, and perhaps more detrimental than people think – the image of manufactured housing and its’ trailer park stigma. I offered (him) a concept model for transforming obsolete communities, making them modern and desirable, thereby beginning a fundamental transformation of the industry – a huge challenge!” (lightly edited)

As a related sidebar, and with Rick’s assistance, COBA7, as a service to affiliates, has assembled a new Signature Series Resource Document titled: ‘Academics Involved in &/or Interested in Manufactured Housing &/or Land Lease Communities’. It contains the names and contact information for no fewer than a dozen academics. If you’re an affiliate in good standing with COBA7, and would like a FREE copy of this new SSRD, simply phone the Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764 and request it. Furthermore, if you’re reading this, and are an academic – or a businessperson who knows such individuals interested in our industry or real estate asset class, have them get in direct touch with me, so Rick can vet (‘examine thoroughly’) them before placement on this long-awaited and valuable list of august personalities.

OK, so now where does MAKE MANUFACTURED HOUSING GREAT AGAIN! stand today? That’s pretty much up to us! As I told you before, it’ll be on the agenda at the MHAlive! ‘think tank’, the morning of 6 August at the RV/MH Hall of Fame in Elkhart, IN. You’re Welcome to participate, for only $20.00/person, payable at the door, but RSVP is a MUST before 31 July 2018. Phone (317) 346-7156.

Next. MAKE MANUFACTURED HOUSING GREAT AGAIN! is now the theme of the 27th annual International Networking Roundtable, 5-7 September, at the Alexander Hotel in Indianapolis. Go to www.GetMeRegistered.com/COBA7NRT2018 to register ASAP (Attendance limited to 200 & we’re already rapidly approaching that number!). For info, give me a call.

And, I’ve suggested to the SECO Conference in the South folk adopt the MAKE MANUFACTURED HOUSING GREAT AGAIN! theme for their 9-11 October annual gathering in Atlanta, GA. For info, contact genevieve@secoconference.com

Will national manufactured housing advocates MHI & MHARR adopt this powerful rallying cry, theme, goal for their respective meetings this Fall? Watch and see! In my opinion, whether they do or not, will be a prime indicator as to whether they’re on board to MAKE MANUFACTURED HOUSING GREAT AGAIN! Or, perhaps they’ll unite and come up with their own exciting telling variant. As I said, ‘Let’s Watch & see!

II.

Available for the First Time Ever!

21st Century ‘New Home Sales & Financing, &
Rental Homesite Leasing, in Land Lease Communities’

This is a half or full day manufactured housing sales and site leasing training program available to land lease community owners/operators unable to attend the biennial Two Days of Plant Tours & Home Sales Seminars conducted at the RV/MH Hall of Fame in Elkhart, IN. The gist of the sales/financing/leasing program is contained in Figure L, featured in both editions of SWAN SONG, ‘George Allen’s History of the Land Lease Community Real Estate Asset Class’ (1970 to present day). Seminar cost? $1,000.00 plus travel-related expenses. Best suited for state manufactured housing, or portfolio firm hosting. For more information, phone the aforementioned Official MHIndustry HOTLINE. And if you’d like to order the new, second edition of the book for $24.95 (includes S&H) before 1 August 2018; $34.95 thereafter. Do so, using the same phone number or (317) 346-7156.

III.

On-site Property Manager Compensation

Finally, a formula for estimating compensation of PMs in any local housing market!

Yes, this has been a multi year project. Last year at the Networking Roundtable, Frank Bowman, executive director of the Illinois Manufactured housing Association, ‘broke fertile ground’ with land lease community owners/operators as he reviewed and summarized On-site Property Management Compensation, laying the foundation for new information to come.

Well it’s here! Maybe not the whole panacea of PM compensation, but the new concept is, in this industry observer’s opinion, the first big step in the right direction in more than 40 years of paying salaried employees what their job is worth.

How to learn this new material (formulae)? Be present at the 27th annual International Networking Roundtable when Frank ‘holds forth’ on this seminal topic, then opens the floor for discussion. As a land lease community owners/operator responsible for this task, you’ll want to be ‘in the room’ on 6 September in Indianapolis, IN. Again, visit www.GetMeRegistered.com/COBA7NRT2018.

IV.

It’s Here!

‘Who’ll Preserve Our Legacy as a Manufactured Housing or Community Businessperson? Answer: You!’

The 24 page booklet bearing this provocative title is ‘hot off the press’! It profiles all 10 manufactured housing & land lease community owner/operator autobiographers, and quotes from their respective books. The booklet also contains a Five Step Process for Preserving Your Personal & Corporate Legacy, as well as recommendations for self-publishing and book marketing guidance..

How could you not want a copy? They’ll first be available at the informal writers’ seminar at the RV/MH Hall of Fame on 6 August, 1-3PM, for $20.00 – includes other pithy handout material as well. RESVP for the seminar is a MUST, before 31 July 2018, via (317) 346-7156. Or, if you don’t want to wait until then, simply mail a check in the amount of $25.00 ($20 for booklet & handout material, plus $5.00 for postage and handling) to COBA7 c/o Box # 47024, Indianapolis, IN. 46247.

***

George Allen, CPM, MHM
COBA7, a div. of GFA Management, Inc., dba PMN Publishing
Box # 47024, Indianapolis, IN. 46247
(317) 346-7156.