When evaluating a real estate investment opportunity, it is important to realize there are more conclusions than simply a “great deal” and a “horrible deal” to describe any possible money-making opportunity. In fact, most potential investment homes fall in a range between these two opposite ends of the Deal Possibility Spectrum.
Below is a short list of 4 ways mobile home sellers may occasionally mislead you while you are trying to purchase their unwanted mobile home property inside a mobile home park.
Over the past week there were so many mistakes made in my business during the hiring and firing of a deadbeat handyman. Luckily these mistakes only cost me a small bit of time and money. These mistakes revolved around hiring a high-risk handymen who should have never been on the job to begin with. This handyman lasted only four long days before we had to let him go due to poor work performance and a bad attitude.
Over the next 23 minutes Vince opens up his mobile home investing business, how he’s been trained to speak with sellers, and moving forward with confidence to help solve a mobile home sellers problem(s).
Over the coming weeks and months I plan on documenting exactly what I’m doing as much as I can. I encourage you to subscribe to my YouTube channel below and come along this journey with me. I’m sure there will be some mistakes made, lives changed, lessons learned, and many great successes along the way.
Lana then made a series of seemingly wise decisions that lead to stressful days and late nights. Lana has been awesome enough to share with us over the next 24 minutes what these mistakes were and how you can correct them in your own business.
After a few years of this revolving door constant turnover I had had enough. Where I was approving anyone before, I was now requiring all potential tenant-buyers to: Perform a few actions, and do this when they say they will. Example: Go by home to see it. Show up on time. Call you back. Apply at park. Apply with you and fax you application.
Over the next 18 minutes Vince and I break down the where and why when it comes to marketing your mobile home for sale. Any questions or further explanation you need please comment below.
Over the past decade investing in mobile homes, I have kicked myself for passing up, delaying, and/or missing opportunities to close easy deals right in front of me. The reasons for these missed opportunities over the years is varied: procrastination, over-analyzing, losing the deal to another buyer, personal greed, the seller pulling out, cold feet, etc. There were other times I purchased a great deal but over-spent to rehab the home, therefore reducing my profit substantially.
In today’s Mobile Home Investing Lessons Podcast episode I’m happy to bring you a co-hosting newbie to the microphone. Paul Brecht is here to discuss his first few mobile home deals inside senior parks. Paul shares with us his method to purchasing homes for FREE, repairing them and splitting the profits with the park.
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