PREV
NEXT
Slider

“Trailer Park Ploys” Spotlight Frank Rolfe, Dave Reynolds – ROCUSA in North Lamar Mobile Home Park Saga

 

TrailerParkPloysSpotlightFrankRolfeDaveReynoldsPhotosROCUSA_NorthLamarMobileHomeParkSagaImpactCommunitiesLogoMHProNewsLogo
Top left photo is a still from video posted further below.

A lot of people say I’m crazy, that they’ll evict us, but better to leave walking than on your knees.” – Margarita Sanchez, resident of Frank Rolfe and Dave Reynolds RV Horizons, rebranded as Impact Communities.

Where else will we go?” – signs being held by children protesting the Frank Rolfe and Dave Reynolds business model.

The Texas Observer said that partners Rolfe and Reynolds business bought North Lamar Mobile Home Park in the Austin, TX metro in December of 2014. By 2015, the duo’s management was sparking negative news reports.

Google’s news search function reveals that there have been 752 reports about the 69 site land lease community.

NorthLamarMobileHomeParkFrankRolfeDaveReynoldsRVHorizonsImpactCommunitiesMobileHomeUniversityGoogleNewsSearchMHProNewsLogo

Common vernacular in those reports are the words “mobile home,” “trailer,” “trailer park,” and the like. While photos suggest that some of the homes in the community could be pre-HUD Code mobile homes, HUD Code manufactured homes are common.

The video below is from May 2015 and sets the stage for what follows.

 

 

Vice reported on May 30, 2020 that “A Notorious Trailer Park Mogul Once Roasted by John Oliver Just Got Owned By His Tenants.” Even the ‘good news’ reports focus on the purportedly predator practices of “Frank and Dave,” mentioning their Mobile Home University. As the Texas Observer phrased it, “Rolfe and Reynolds are perhaps best known for co-founding the online Mobile Home University, where wannabe trailer-preneurs are offered a seemingly airtight formula for successfully buying and operating mobile home parks.”

 

 

ROC USA was in the mix of organizations and advocates involved in converting the community from ownership by partners Rolfe and Reynolds led Impact Communities. As MHProNews has previously reported, ROC USA has ties to the nonprofit Prosperity Now, which was previously known as CFED.

What none of the mainstream media cited herein have noted were the bullet points and linked concerns that follow.

  • All of the firms in the John Oliver video problematically named “Mobile Homes” have ties to the Manufactured Housing Institute (MHI). Oliver’s satirical roast names Warren Buffett and Clayton Homes in that same video that lampoons Rolfe. See the fact check on that report at this link here.

 

 

  • Rolfe and Reynolds business interests have numerous connections to Buffett-led Berkshire Hathaway brands that operate in manufactured housing.
  • Despite the MHI National Community Council (NCC) Code of Ethical Conduct, a longtime board member told MHProNews that they are not aware of any enforcement action against Rolfe/Reynolds, or any other similarly controversial members, such as Havenpark Capital. Nothing since that May 16, 2020 report has mitigated against that MHI board member’s statement, which suggests that MHI’s “Code of Ethical Conduct” is window dressing for those who don’t look beyond the surface.
  • They also fail to connect the dots on the “trailer park ploy” that apparently counts on their aggressive business plan to spark negative news media that does at least two things. It sparks more clients and investors for the “Mobile Home U” – i.e. it is free, albeit negative advertising. It also sparks outrage that arguably harms more ethical competitors while often sparking pressure for rent control or other regulations that larger manufactured home community companies have admitted they can navigate.
  • Rephrased, these are forms of the Buffettesque Castle and Moat. See the report linked here for direct quotes and more details.

 

NorthLamarMobileHomeParkFrankRolfeDaveReynoldsPhotoRVHorizonsImpactCommunitiesMobileHomeUManufacturedHousingInstituteLogosGoogleNewsSearchMHProNewsMHProNewsLogo

FrankRolfePhotoMobileHomeULogoImpactCommunitiesLogoQuoteIfYouLikeHavingAMonopolyKnowYourResidentsWontMoveNoNewCommunitiesLoveMobileHomeParksMHProNewsWarrenBuffettPhotoQuoteBusinessUnderstandableDurableCompetitiveAdvantageCastleMoatCrocodilesSharksGatorsQuoteExplainedManufacturedHomeProNews1

RobinHardingPhotoFinancialTimesLogoWarrenBuffettDefintionGoodManagementIsClearIfYouHaveEffectiveCompetitorsYouAreDoingItWrongCastleMoatImageQuoteManufacturedHomeProNews
https://www.manufacturedhomelivingnews.com/monopolization-of-american-dream-telling-the-inside-story-of-home-ownership-gone-awry/
DonaldJTrumpGoodPublicityPreferableBadMediaNewsQuoteControversySellsManufacturedHomeProNews
There is a constant push-pull going on with news media. It spans the left-right political divide. Applying the principle of separating the wheat from the chaff is useful and often necessary to see often vexing realities.

For years, the residents of a low-income, majority-Latino trailer park in Austin, Texas, say they’ve struggled under the thumb of two prominent investers known for snapping up cheap communities like theirs nationwide and raising the rents,” said left-of-center Vice recently, with the typo in the original.

But that all ended Friday when the North Lamar Mobile Home Park tenants closed a $6.26 million deal to claw their property back,” said Vice adding: “Their deal ends a saga that included a lawsuit, protests, petitions, and pleas to financiers, which first began in 2015 when trailer-park moguls Frank Rolfe and Dave Reynolds purchased the 68-lot community.”

The Private Equity Stakeholders Project stated that TPG Capital Partners with RV Horizons on March 16, 2020, in an article entitled “A “Hostage” Strategy for Housing Investment?” RV Horizons, as was noted previously, is now rebranded as Impact Communities. The protest video below is from 2015. One of the comments on that video states “MHU teaches you how to be a thief legally, these people should be put in jail for life,” said Leonardo Aponte.

 

FannieMaeTop10ManufacturedHomeCommunityBuyersPast24Months2019-GraphicChartMHProNews
See full Fannie Mae report at this link here. See how Fannie Mae’s loans on properties that use purportedly predatory tactics impacts residents at this link here – it points to the tragedy is that an affordable housing law has been twisted to benefit those who are making manufactured home community living less affordable when certain MHI members take ownership.

In a Fannie Mae report in 2019, they noted that TPG Capital – read Rolfe, Reynolds and Impact Communities – are the top buyers of communities in the United States, according to their research.

 

NorthLamarMobileHomeParkFrankRolfeDaveReynoldsPhotoRVHorizonsImpactCommunitiesMobileHomeUManufacturedHousingInstituteLogosGoogleNewsSearchMHProNewsMHProNewsLogo
While some parts of their business model is well known, other parts are more subtle. See report linked here and below for more. https://www.manufacturedhomelivingnews.com/frank-rolfe-says-why-you-should-never-build-a-mobile-home-park-seriously-fact-check-and-analysis/
MarguerieNaderPresidentCEOPhotoEquityLifestylePropertiesELSLogoQuoteRentRateControlStillGenerateHealthyGrowthRateInRentControlMHProNewsLogo
Nader’s statement was during an ELS investor call. It sheds light on why arguably rogue behavior such as Rolfe and Reynolds, Havenpark Capital, or other controversial MHI members exhibit is not deterred by threats of rent control.

CarolRothAllRegulationImpactsSmallBusinessesRegulationsAnticompetitiveQuoteNewsManufacturedHomeLivingNews

MHProNews Analysis and Commentary

MHProNews and MHLivingNews have documented the connections between Buffett, Berkshire and several of the nonprofits that operate in or influence manufactured housing.

 

Buffett/Berkshire Bust! Stunning Charges – Frank Rolfe, Dave Reynolds, Impact Communities Lawsuit Against Residents; MHAction Connection Evidence

 

Perhaps the incomplete picture is due in part because mainstream media have suffered the loss of thousands of jobs in journalism. As the Guardian reported in June 6, 2016 “Almost 60% of US newspaper jobs vanish in 26 years.” Pew Research said on April 20, 2020 that From 2008 to 2019, overall newsroom employment in the U.S. dropped by 23%, according to the new analysis.” The result is that fewer reporters are having to produce mainstream news stories. Nuance and certain complex details can be lost as a result.

That noted, the  Texas Observer’s Leah Caldwell’s July 28, 2015 report entitled “Trailer Park Ploys,” while using problematic terminology, nevertheless hit several facts that have since proven to be quite accurate.

What remains for mainstream media to do is pull back the veil further still, until the dark money connections between those rigging the marketplace is linked with those who posture as being the defenders of community residents.

What is missed by mainstream reports and those public officials that are probing these issues is that new communities and other placement options are needed. That is how the pressure on residents is mitigated. The financing for that is available, and at least on paper, so too are the other laws that would make developing more communities.

 

MarkWeissJDphotoManufacturedHousingAssocRegulatoryReformlogoQuoteOnEnhancedPreemptionManufacturedHousingImprovementActMHIA2000ImportanceAffordableHousing

 

The views of a resident leader who has begun to unravel the issues is found at this link below.

 

RobertBobVanCleefManufacturedHomeCommunityLeaderDiscussesManufacturedHousingInsanityManufacturedHomeLivingNews
https://www.manufacturedhomelivingnews.com/manufactured-home-community-leader-discusses-manufactured-housing-insanity/

 

The laws to correct the problems already exist. Robust enforcement is what is lacking.

 

CongresswomanMaxineWatersCA-43-D-FTWarrenBuffettCastleMoatComingEpicAffordableHousingFinanceClashChairWatersVsBuffettClaytonHomesManufacturedHomeLivingNews
https://www.manufacturedhomelivingnews.com/coming-epic-affordable-housing-finance-clash-chair-maxine-waters-vs-warren-buffett-clayton-homes-historic-challenges-ahead/

ClaytonHomesNearMonopolisticGripLendingMinorityBorrowersSeekingManufacturedHomesQuoteMaxineWatersEmanuelCleaverKeithEllisonMikeCapuanoPhotosMHProNewsLogo

 

It is no doubt heartening for those residents who after some 5 years of struggles have finally purchased their community. But they are paying much more than they did just a few years ago. Rolfe, Reynolds and their partners have pocked millions from this one property, while it gives the broader industry a black eye.

FHFA-GSEsHighCostMinoritiesAllAmericansDueAssertedFailureFollowDutyToServeAffordableHousingExistingFederalLawsManufacturedHomeLivingNews
FHFA, GSEs – High Cost to Minorities, All Americans – Due to Asserted Failures to Follow Duty to Serve Affordable Housing, Existing Federal Laws
https://www.manufacturedhomelivingnews.com/fhfa-gses-high-cost-to-minorities-all-americans-due-to-asserted-failures-to-follow-duty-to-serve-affordable-housing-existing-federal-laws/

Vexing questions must be probed. Where they used and abused by more than just Rolfe and Reynolds? See the related reports linked above and beyond the bylines and notices to learn more.

 

FHFADirectorMarkCalabriaPhotoLogoMustInitiateAnInternalInvestigationDannyGhorbaniPhotoMHARRlogoRipsRevealsDutyToServeProblemsSolutionsMHProNews
https://www.manufacturedhomepronews.com/fannie-maes-may-2020-housing-data-survey-plus-manufactured-home-investing-stock-updates/

Failure to see the larger picture along with the necessary nuance is arguably protecting the status quo. For those who take the time to seek the full detail of what is occurring in hundreds of manufactured home communities, the words “the system is rigged” sadly spring to life.

TheSystemIsRiggedSenatorElizabethWarrenPresidentDonaldJTrumpSenatorBernieSandersManufacturedHomeLivingNews
They often have entirely different proposed solutions, but they each have pointed to several of the same facts. That alone is a big clue.

Subscribe to Our Newsletter

17162

CHECKLIST

 

iReportNewsTipsCommentsSendMastheadManufacturedHomeProNews
We recommend that news tips NOT use company, nonprofit or organizational emails or cell phones. To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP or COMMENTS in the subject line.

Programming note. MHProNews is in the process of revamping our industry-leading x2 weekly emailed headline news updates. The revisions should be completed by late June or early July. Watch for it.

That’s a wrap on this installment of manufactured housing “Industry News, Tips, and Views Pros Can Use” © where “We Provide, You Decide.” © ## (Affordable housing, manufactured homes, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

CongRepAlGreenDeskTamasKovachLATonyKovachPhoto12.3.2019ManufacturedHomeProNews
All on Capitol Hill were welcoming and interested with the discussion of manufactured housing related issues on our 12.3.2019 meetings. But Texas Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included the Constitution of the United States and other goodies. MHProNews has worked with people and politicos across the left-right divide.

By L.A. “Tony” Kovach – for MHLivingNews.com.

Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.

http://latonykovach.com

Connect on LinkedIn: http://www.linkedin.com/in/latonykovach

Recent and Related Reports:

The text/image boxes below are linked to other reports, which can be accessed by clicking on them.

TheBigLieTruthLieArrowsMastheadMHProNews
https://www.manufacturedhomepronews.com/masthead/the-big-lie/
OpenLetterKurtKelleyJoanneStevensFrankRolfeManufacturedHousingReviewSenatorWarrenRequestInformationManufacturedHomeCommunityOwnersMHLivingNews
https://www.manufacturedhomelivingnews.com/open-letter-kurt-kelley-joanne-stevens-frank-rolfe-manufactured-housing-review-about-senator-elizabeth-warrens-request-for-information-from-manufactured-home-community-owners/
FHFADirectorMarkCalabriaPhotoLogoMustInitiateAnInternalInvestigationDannyGhorbaniPhotoMHARRlogoRipsRevealsDutyToServeProblemsSolutionsMHProNews
https://www.manufacturedhomepronews.com/fannie-maes-may-2020-housing-data-survey-plus-manufactured-home-investing-stock-updates/

State AG Files Suit Against, Manufactured Home Community, Rent to Own, Lease Purchase Option Warning

PissedConsumer.com on Clayton Homes, Growing Section 230 Legal Dispute

Dark Money-Billionaires Buffett, Gates, Soros Funding Black Lives Matter, Antifa – Named by AG Barr in Riots, Looting – Hijacking Peaceful George Floyd Death Racial Justice Protests

Rockets, Race, Riots, and Resources – Affordable Housing Sunday Headlines in Review 5.24 to 5.31.2020

“Never Let a Good Crisis Go To Waste” – COVID19 Pandemic – Problems and Solutions

CaseAgainstClaytonHomesYearsLegalRegulatoryClaimsManufacturedHomeLivingNewsLogos
https://www.manufacturedhomelivingnews.com/case-against-clayton-homes-years-of-legal-regulatory-claims/

Complaints to State and Federal Officials, Agencies About Corrupt Practices in Manufactured Housing Industry Growing

New Data Surfaces on Buffett Family, Foundation Funding Sources Which Attacked Manufactured Housing, plus Manufactured Home Stock, Investing Updates

Warren Buffett’s “Moat” per Kevin Clayton, CEO Clayton Homes Interview Transcript, Video – Affordable Housing and Manufactured Homes
https://www.manufacturedhomelivingnews.com/warren-buffetts-moat-per-kevin-clayton-ceo-clayton-homes-interview-transcript-video-affordable-housing-and-manufactured-homes/
AmericanDreamRiggedSystemVsPositiveThinkingSuccessBooksSeminarsVideosMHProNewsLogoPXImages
https://www.manufacturedhomepronews.com/masthead/american-dream-rigged-system-vs-positive-thinking-success-books-seminars-and-videos/
WolfSheepsClothingRINOsDINOsMHInosClassicHeadFakesGaslightersTurncoatsEvent201–SundayHeadlinesReview5.10to5.17.2020MHProNewsLogo
https://www.manufacturedhomepronews.com/wolf-in-sheeps-clothing-rinos-dinos-mhinos-classic-head-fakes-gaslighters-turncoats-and-event-201-sunday-headlines-in-review-5-10-to-5-17-2020/ /
IllusionsCollusionsHeadIWinTailsYouLoseNeverLetSeriousCrisisGoToWasteGatesBuffettMassiveMoneyGrabsManufacturedHomeProNews
https://www.manufacturedhomepronews.com/illusions-collusions-heads-i-win-tails-you-lose-never-let-a-serious-crisis-go-to-waste-gates-buffett-massive-money-grabs/

“Where the hell have you been?” – MH Communities Giant Equity Lifestyle Properties Sees Pandemic Gold, Official Remarks, ELS Moves

“MHI Lies, Independent Businesses Die” © – True or False? – Berkshire’s Joanne Stevens Strikes Again

Fraud, RICO and Antitrust-Issues of Genius, Honesty, Legality, Competency-Berkshire Hathaway and Manufactured Housing Institute Leadership, Sunday Morning Headlines Review 2.23 to 3.1.2020

Kevin Clayton, CEO Clayton Homes, Explains Why Replacing Sales Professionals with Automation Makes Sense

Shortchanging Homeowners, Small Businesses, Unsuspecting Investors, Association Members-plus Sunday Manufactured Home Headlines Review 2.9 to 2.16.2020

ThePartyisOverCovid19CoronavirusBillGatesWarrenBuffettWuhanVirusSoWhatsNextManufacturedHomeProNews
The featured image includes several metaphorical items. It can be seductive – but dangerous – to believe certain things. A mask, among other meanings, is used to project a false face, often used by actors. The eye conveys vision or understanding, which that woman and the mask partially obscures. The wall can stand for the harsh reality that sets in when illusion and the hard facts meet. https://www.manufacturedhomepronews.com/masthead/the-party-is-over-so-whats-next/
15585

Subscribe to the Documented #1

Most-Read - Professional Emailed Headline News

Delivered x2 weekly to your inbox. 

Manufactured Home "Industry News,

Tips, and Views Pros Can Use."   ©

 

Where "We Provide, You Decide."  ©

15856
mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top