Remote Professionals Can Work in Any Industry

There is a popular belief about remote jobs being limited to certain lines of work. It is true that construction workers are not very likely to work remotely, for instance. But there are many other industries that sometimes we don’t consider compatible with remote work that actually do function pretty well in this modality. 

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When To Hire an EOS Implementer

WHAT YOU WILL LEARN

There are moments in every entrepreneur’s life when the business is not making the money it should, when things feel stagnant or the team doesn’t seem to be operating at optimal levels. Is this a time to get an EOS Implementer®? In this episode of Bootstrappers we speak with EOS Worldwide CEO and Visionary Mark O’Donnell about when an EOS Implementer® can help you get back on track with your business.

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Does Your Past Hold You Back As A Business Owner?

Change is the only constant in life, and that’s certainly no more true than it is in business. Still, it’s possible to find yourself stuck in ruts and plateaus, unable to move your business forward. 

When that happens it might seem like everyone is more successful than you. And for a lot of really good reasons.

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How to Successfully Develop Your Remote Team

We hear it all the time. “But isn’t it hard to manage remote employees? How can you make sure they’re actually doing their jobs?”

The truth is: managing remote employees is no harder than managing domestic ones. If you’re able to manage employees effectively in the office you should have no problem managing people virtually. not good at managing remote professionals, you probably also have difficulties managing your resident employees. Because management – in any capacity – is the same at its core.

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Is It Time to Sell Your Business?

WHAT YOU WILL LEARN

Selling your company can be one of the most important business decisions an entrepreneur makes in their lifetime. In this episode, Jeremy and Gwenn discuss the big questions you need to ask yourself before a sale, & what we learned with the recent sale of one of our PM companies.

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Retaining The Right Remote Professional for Your Business

Finding the right remote professional for your business is easy – just call Anequim and tell us what you need. Retaining them can be just as easy, not to mention affordable and efficient. Learn how to make it happen with your new hires in this blog post from Anequim CEO Gwenn Aspen.

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How to Stay Focused as an Entrepreneur Ft. Kyle Danner

WHAT YOU WILL LEARN

Entrepreneurs, also known as visionaries, often struggle with staying focused on one single business plan or opportunity. When they allow themselves to be derailed they inadvertently prevent themselves from being successful.

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The Role of Government in Manufactured Housing

The Role of Government in Boosting Manufactured Housing: Pilot Programs and Lending Streamlining

What is the role of the government in manufacturing housing? Manufactured housing presents a unique and accessible opportunity to address the housing affordability crisis in the United States. 

Governmental entities, recognizing this potential, have introduced several pilot programs and lending reforms to bolster the manufactured housing sector. 

Let’s explore the role government plays in stimulating this crucial segment of the housing market.

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Why Government Involvement is Essential

Manufactured housing faces unique barriers not present in traditional real estate. 

These include stigmas associated with quality, the dual nature of these homes (personal and real property), and financing challenges. Consequently, addressing these challenges often requires policy-level interventions and systemic changes that can only be enacted by governmental authorities.

Government Pilot Programs: Catalyzing Growth

Pilot programs at both state and federal levels have provided crucial support for the growth of manufactured housing. Here are a few examples

1. Next Step Network

With backing from the federal government, this program aims to transform the manufactured housing industry by promoting the development of energy-efficient, affordable homes. It connects potential homeowners with resources and education, creating a sustainable, affordable housing solution.

2. MH Advantage

Launched by Fannie Mae, this program provides flexible underwriting and competitive pricing for modern, high-quality manufactured homes that have features similar to traditional, site-built homes.

State-Level Initiatives

Numerous states, such as California with its Mobilehome Park Rehabilitation and Resident Ownership Program (MPRROP), are taking steps to promote the rehabilitation and preservation of manufactured housing.

Lending Reforms: Streamlining Financing 

Equally important to the growth of manufactured housing is the simplification and accessibility of financing. Recent government-led efforts have focused on exactly that

1. Duty to Serve (DTS) Program

Enforced by the Federal Housing Finance Agency, this program compels Fannie Mae and Freddie Mac to support the manufactured housing sector, including both real property and chattel (personal property) loans. These efforts have resulted in increased liquidity, stability, and affordability in the housing market.

2. FHA Title I Loans

The Federal Housing Administration (FHA) insures loans made by private lenders to buyers of manufactured homes. By reducing the risk for lenders, the FHA promotes greater accessibility to financing for potential homeowners.

3. VA and USDA Loans

Both the Department of Veterans Affairs and the Department of Agriculture offer loan programs designed to help specific groups (veterans and rural residents, respectively) afford manufactured homes. Government backing makes these loans more appealing to lenders, thus increasing the accessibility of financing.

The Road Ahead

Despite these initiatives, there’s still much work to be done to fully realize the potential of manufactured housing. Looking forward, some possible avenues for additional government support could include

Expanded Loan Programs

While existing loan programs have made significant strides, further expansion and diversity of these programs can widen access to manufactured homes.

Policy Reforms

Continued policy reforms can help address persistent barriers, such as the dual nature of manufactured homes and the stigma associated with them.

Consumer Education

Government-funded education programs can help dispel misconceptions about manufactured homes, increasing demand and driving growth in the sector.

Partnerships

Government entities can partner with manufacturers, lenders, and nonprofits to develop innovative solutions to existing challenges.

Final Thoughts

Through pilot programs and lending reforms, the government has played a critical role in boosting the manufactured housing sector. As owners of manufactured home communities, investors, and property management companies, we must continue to advocate for such initiatives and work in partnership with government entities to further streamline the process of acquiring and financing manufactured homes. The future of manufactured housing is promising, and with continued support, it can play a pivotal role in solving America’s affordability crisis.

About the Author

Anequim is your strategic partner in the Manufactured Homes Community sector, providing skilled, bilingual virtual assistants that cater to MHC owners, investors, Property Managers, and Property Management companies. 

With specialized services ranging from leasing calls to property maintenance coordination, accounting, and more, Anequim’s comprehensive approach is uniquely designed to support the varied needs of the MHC industry. Their dedicated team expertly handles recruitment, learning and development, performance management, and creating tailored solutions that drive efficiency and success in your community. 

Visit Anequim today to discover how their Remote Professionals can enhance your operations and investment in the Manufactured Homes Community.

Virtual assistants and what do expect in your first 30 days

How to Make Good Business Decisions, with Jordan Muela

WHAT YOU WILL LEARN

Are you asking the right questions before you embark on a new business opportunity? In this episode we explore the questions successful entrepreneurs ask themselves before they bet on a business opportunity, join a business partnership or decide to exit a business. We discuss how to evaluate opportunities, What qualities to look for in your business partnerships and the importance of discussing the end of the business relationship before you begin the venture. 

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