WE'RE ALL ABOUT MOBILE HOME PARKS
ABOUT US: RLM MOBILE HOME PARK CONSLTING
RLM Mobile Home Park Consulting has evolved over the last 10 years into a full-service, nationwide Mobile Home Park (MHP) consulting firm. We started in the MHP business in California, where we're from, buying and selling our own parks, and some for clients. But by 2006, the CA market became too hot, and it became nearly impossible to find good deals on parks not only in CA, but in any of the Western states. Around this time, RLM founder and president Robert Merchant who was born and raised in Mississippi, was back there visiting family for the holidays and spotted a MHP in Columbus MS whose numbers looked fantastic by CA standards, so he bought it. It worked out so well for him that he bought another one close by, then another. Before long, it became necessary for us to develop the systems, people and resources necessary to run multiple MHPs from 2,000 miles away. As we began to develop, and as confidence grew in RLM's abilities to not only run these parks, but to improve
them in terms of their CASH FLOW and VALUE, many investors wanted in. I myself began buying MHPs in the South, and continue to do so today.
ABOUT US: PUTTING ALL THE PIECES IN PLACE
Over these last 10 years, as the scale of our operations have expanded from a few parks to almost 100, the scope of our job has broadened to address the growing, and increasingly diverse challenges of our growing family of MHPs. Over time, this has evolved to the point that today we have overlapping layers of operational oversight at every level, the people in place to supervise the Onsite Managers and essentially run every aspect of park Operations, repairs crews who work exclusively for us and travel park-to-park fixing trailers (controlling costs in this area is too important to trust to unproven local contractors), an 'economy-of-scale' that comes from running numerous parks nearby, and much, much more. Basically, whatever it takes to run a successful MHP is what we do all the time, all day, every day, again and again.
ABOUT US: MAKING IT ALL AVAILABLE TO YOU
One of the many things that this journey has taught us is just how much bad information about MHPs there is out there, and how little good. Even the many 'MHP Boot Camps' out there are teaching things that we don't agree with and would never do, based on our experience and success with MHPs. If you've been looking into MHPs for the first time, or already own a park, but don't know where to turn for answers, you've already figured that out. It's what landed you here. As Mobile Home Park Consultants, we offer our clients (MHP owners, buyers and sellers) the full benefit of all our knowledge, experience, expertise, and resources applied to their MHPs, to oversee their ongoing Operations and Turn-Around, and maximize their success. Call me any time to discuss your MHP wants, needs, questions, or problems. There is no cost or obligation, or high pressure. Call me, Andy Tallone at (925) 323-2134 or email me
ABOUT US: MY BACKGROUND
My name is Andy Tallone, and I am the Vice Presicent of RLM Mobile Home Park Consulting. I am a licensed California Real Estate Broker (CA DRE #00631135) and a Broker-Associate with CCI Real Estate (our sister-company). I started my professional real estate career at the ripe old age of 22, in 1977, and never looked back. I started in Residential Real Estate in San Jose CA, then moved on to Real Estate Auctions, including the 1986 auction of 281 high-rise luxury beachfront condos in Bal Harbor FL that smashed all previous records for one-day real estate auctions. I got my Brokers License in 1991 and opened Sierra Pacific Properties in San Jose CA, doing Residential, Land and some Developing. I was recruited by Dutra Realty, at the time the largest independent real estate firm in Alameda County, to head of several new departments in their growing operation, including helping to open their new Pleasanton office. That done, I went independent again, reopening Sierra Pacific Properties in 1995, now also in Pleasanton, concentrating on Residential Income Properties for Investors.
This lead to my own personal investments in residential real estate, namely rental houses. At one point, I had parlayed 4 houses together in the Bay Area. I had a lot of money tied up, but yet all I could manage to pull out of them was about $1,100 per month net, combined. And I'm a pro! As any investor in Bay Area rental houses will tell you, that's actually pretty good! But for me, it wasn't good enough. I had a plan, to build enough PASSIVE INCOME to retire on, and this wasn't cutting it! My wife and I began vigilantly looking at alternatives. We called on ads, surfed the net.
That's when we met Robert Merchant at CCI Real Estate. We called on one of his ads for a small Mobile Home Park in California's Central Valley. One thing led to another and it quickly became obvious to me that I needed to liquidate those 4 houses and move that capital into the right piece of commercial property that would generate some real income for us.
That's just what we did. I sold all 4 homes then rolled the money into a historic 24-room Hotel in Riverbank CA. It was making some money but I felt we could make it better. We fixed it up, added 4 rooms, improved the Manager's Unit, changed managers, started running it better and within 6 months, it was pumping out $5,000+ per month, net. The same money that was barely producing $1,100 per month in the houses was now making us $5,000 per month! We were convinced.
And what's better is that we didn't use all our money on the hotel. We had enough left over to buy our first Mobile Home Park. Before long, we'd sold the Hotel, rolled that into a Motel and another Mobile Home Park and the empire just kept growing. All the while, our relationship with Robert Merchant was growing as well. As an independent broker, I was directing more and more of my Residential Income investor-clients to him for his High-Cash-Flow Commercial Property Investments. Before long, it became obvious that I should be working with him. I joined the company in 2006. And since that time, I have found Robert Merchant to be not only incredibly good at the Mobile Home Park Business, but totally honest. Over these past 11 years with CCI Real Estate, and now 10 years with our sister-company RLM Mobile Home Park Consulting, my own ownership of Mobile Home Parks and other types of Income Property, and my close cooperation with both CCI (in California) and RLM (nationwide) in the service of our Investor-Clients, I have learned more about Mobile Home Parks than I realized existed to know 11 years ago. I have been involved in every aspect of the buying, due diligence, management, turn-around/Value Enhancement, financing, problem-solving, and reselling of MHPs all over the country. I work closely with Robert Merchant because we have found that, as a team, we can get more done and do a better job for our clients. And I am proud to say that I have been instrumental in the growth and development of our company, along with a lot of other good people.
ABOUT US: WHAT WE DO IS UNIQUE
We see a lot of people in the MHP business, from every side of the table. Realtors, Property Managers, Buyers, Sellers, MHP owners, and wanna-be's. We've learned from the best, constantly refining what we do, adding to our toolbox, and scaling up to be able to do a better job on even more parks. What we have found is that no one that we are aware of does what we do. Some Realtors may find you a MHP, they may even help you with your due diligence. But then, the day it closes, you're on your own. Some Property Managers do a fine job (others not so fine) of MHP Management, but only certain narrow aspects of it (ie: rent collection, serving notices, doing the books). These days, there are all sorts of "entrepreneurs" who work the fringes of the market, some offering expensive "MHP Boot Camps", others might package Park-Owned Mobile Homes (POHs) and sell them to investors as rentals. You name it, we've seen it all. But no one (that we've seen, anyway) offers the complete package, cradle-to-grave, of the Park, the drafting and the implementation
of the Operational Plan and a Turn-Around Plan. We don't just tell what's possible (ie: upside potential), we actually do it for you
. Every park, every situation, and every deal is different, so it would be impossible to go over everything that we do in detail in the space we have here. Suffice it to say that if it has anything to do with the Operations or Turn-Around of a MHP, we do it. We have the know-how, the experience, the people, the systems and the resources in place not only to run every aspect of MHP Operations anywhere in the country. And we also have the wherewithall to massage these MHPs in ways that improve their Net Income, and increase their Value.
CALL US & WE WILL CALL YOU BACK
Our professional staff at CCI Real Estate, and at RLM MHP Consulting, Robert Merchant, and I personally, look forward to the opportunity to show you why we believe Mobile Home Parks are THE best investment on the market today.
Call me, Andy Tallone any time at (925) 323-2134 or email me
. I love talking about MHPs, and there is no cost or obligation to the call, or high pressure. Call me.
ALL ABOUT MOBILE HOME PARKS
MHPs For Sale
Recent MHP Sales
Investing in MHPs
Investing in MHPs for Retirement
MHP Due Diligence
MHP Due Diligence Checklist
MHP Wells vs. City Water
MHP Sewer vs. Septic
Park-Owned Mobile Homes
MHP Tools & Equipment
Financial & Investment Terminology
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Last updated 11/22/16
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