Frank Rolfe

Mobile home park business In 1996, four months after selling his billboard business, Rolfe bought Glenhaven Mobile Home Park in Dallas for $400,000. By 2007, he had purchased and sold 24 mobile parks, which he has said earned him about as much as selling the billboard business. Operating as privately held MHP Funds, they own about 11,000 lots in over 160 mobile parks. In 2013, their mobile parks generated $30 million in revenue, and over half was profit.

Mobile Home University Rolfe co-owns Mobile Home University, a three-day intensive course on the mobile home business taught once a month in locations around the United States. While Rolfe and Reynolds originally both taught Mobile Home University, Rolfe is now the primary instructor.

The course costs approximately $2,000 and is a combination of classroom lecture and onsite tour visits to local mobile home communities. In 2019, John Oliver called Rolfe "completely shameless about the degree to which his business depends on having a captive customer base," referencing the quote.

Rolfe said the quote had been taken out of context and was meant to compare the revenue streams from a mobile home park, which are dependable because residents who own their homes can't move if land rents are raised, due to the prohibitive expense of moving, to those customers at a restaurant, who are unpredictable because they have other options.