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.
Oftentimes while mobile home investing, you will be faced with challenges concerning a mobile home’s title(s) and correctly transferring them into your possession. Common title problems arise due to a title being lost, the actual owner on title not being present, the title being missing or the current seller not yet putting the title into their name from when they bought the home, along with multiple other situations due to common mistakes.
Walt and Caiyun spent 45 minutes with us dissecting what is working and not working in their business. This couple investing team has closed over 10 deals this year alone, and have been having a blast doing so. In this video we also outline the differences in Walt and Ciayun’s cash-flow business versus most other Mobile Home Formula investors.
As an active mobile home investor there is very little chance that every renter or buyer you work in the future with will be 100% headache free. Prudent mobile home investors perform multiple checks on anyone and everyone over 18 years old looking to move forward in their vacant investment property for rent or for sale.
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