Many mobile homes need some repairs, and some mobile homes need many repairs. Repairs, material, and labor estimates are only one metric when purchasing a used mobile home — and a rather minor metric when compared to others. While recently touring a manufactured home facility, I was able to see firsthand the fairly simple construction of modern-day manufactured homes. While the engineering and safety that goes into constructing these homes is great, the few simple layers that separates the interior and exterior of the homes are relatively easy to understand and work with.
In today’s Mobile Home Investing Lesson Podcast episode #18, we’re talking about brokering and wholesaling mobile homes and how this applies to you and your local business. Each different purchasing-technique and/or strategy you possess to help sellers is a tool that can be used to provide options to help sellers and create value. The more “purchase techniques” you clearly understand with regards to mobile home investing the quicker your business may grow.
Mobile Home Investor Q&A #5 – $3,000+ Per Month Cash-Flow, Brokers, Evictions and More Mobile Home Investing
In this video we talk with an active mobile home investor that intends to keep cash-flowing his properties for years and years to come. In today’s video interview we’re dissecting Brian’s mobile home renting business around Charlotte, North Carolina. Brian’s spent the past 10 months busting-his-butt finding, funding, fixing, and renting his 12 mobile homes for enough passive cash-flow to invest in real estate full-time. In this one-hour interview we sit down with Brian as he opens up his investing business to share what is working and not working in his area.
Mobile home investors are attracted to this niche for several reasons; the ability to help others, creating a value in society, and to generate a substantial income when safely selling attractive mobile homes at attractive prices to hard-working buyers. However, another reason folks are attracted to this industry is the ability to take a neglected mobile home and restore it to a beautiful and pride-worthy home. This is now a mobile home that will be loved and cherished by grateful new owners.
Although these first few mistakes were made this deal worked out great for Ryan. Working only a few hours Ryan made over $6,900 in less than 8 months. Listen to the Podcast episode below to hear the wins and losses of Ryan’s 1st mobile home deal.
Mobile Home Investor Q&A #4 – Rags to Riches Selling Mobile Home Notes, $200K+ Profits, 25+ Deals & Counting
In the past year Michael and Chris have invested in 25+ mobile homes for passive cash-flow, helping over 50 local families, generating huge immediate profits and cash-flow for years to come. Michael, Chris, and I open up their business model and ask the uncomfortable questions to get to the real answers. Learn practical advice you can start using today… Tips on purchasing homes, selling notes, buying notes, staying compliant, marketing, demographics, profits, headaches, tears…
When you’re investing in real estate do you tell buyers and sellers you work by yourself, with partners, for a boss or a company? What are the pros and cons of portraying yourself as an individual investor versus a company? Is this ethical? What are some actionable steps you can take moving forward? We will cover all these and more on today’s podcast.
In this article, we will discuss the importance of understanding your local mobile home market, local buyers, and local sellers. By the end of the short list below, you should have a much better understanding of your plan and mindset moving forward into the coming months while investing in individual mobile homes and manufactured homes inside parks in the US.
In our third Ask The Experts video, we dive into Daniel’s mobile home investing business and discover what is working and not working for him. Daniel discusses where his homes are located, how he finds them, how he sells them, and the 150%+ cash on cash returns he receives regularly. We also discussed tips, helpful solutions to problems, and money-saving advice for investors.
In the podcast below we jump right into the topic of starting your own real estate investment (REI) club group. Let’s face it, most of us investors should be striving to be well-known by other real estate professionals in our market. Typically, the larger our circle of influence the more we are able to network and collaborate with others to grow our businesses.
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