MHI Lesson 9: Taking Your Investing Business Seriously With Kenneth
Today on the Mobile Home Investing Podcast we have another great, content filled episode for you. We’re excited to welcome back Kenneth, active and full-time Mobile Home Formula mobile home investor to share his insights on a very important topic of taking your business seriously.
Own a business, not a hobby.
Being able to help investors nationwide I have come to see average folks perform in above-average ways to accomplish their cash-flow goals. You too have this power and strength in you to succeed. We all have the same hours in the day to get required business things done daily for our businesses to succeed. Use these hours wisely and strategically daily to accomplished great things over short and long periods of time.
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- If others have done something you can too.
- Once you have clarity on your forward path, get started running!
- If you have questions there are answers.
- Have a support team behind you to help keep you on track and out of trouble.
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One of the things I love about Kenneth is his passion for helping the local community and making a quality name for himself in the mobile home arena. This word of mouth advertising and success does not come without daily effort and a specific game-plan. Over the past 2+ years Kenneth has proven to his market that he has what it takes to become a full-time mobile home investor. If you are someone that has ever suffered from “analysis of paralysis” or owning a luke-warm business, then this episode is made for you.
Over the next 14 minutes Ken and I discuss getting started, becoming confident, and treating your business seriously in order to get real results.
In this show we cover:
- ⭐ Understanding the mobile home affordable-housing opportunity
- ⭐ The investors that ask the most ________ do the most __________.
- ⭐ When investments happen?
- ⭐ Do some things have to suffer to build a successful business?
- ⭐ When is the best time of day to invest?
- ⭐ Is this your business or hobby?
- ⭐ What is the biggest decision of your business’s life?
- ⭐ How many deals until you’re comfortable in your marketplace?
- ⭐ And much more…
Links Mentioned in this show:
- Ken discusses past case studies (video)
- Ken reveals what it takes to invest in mobile homes full-time (video)
- Link to Audiobook on Youtube – 21 Irrefutable Laws Of Leadership (video)
Listen to the Podcast Here
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11 Responses
It is both a blessing and a curse that there are so many clowns that pretend to be professionals in the manufactured housing business. If you do a simple search on most any search engine you will find many sites that are no longer running or if you call the phone number listed, it is dead……
Hi Mark,
Thanks for the comment. You bring up great points. I suppose it is good that some investors quit because then there is a surplus of deals for investors that do/can create opportunities in the market. However it is clearly bad because these well-meaning investors never even close their first deals may times.
I can remember not long ago the “standing room only” in all the local REI clubs, after the bubble burst (sort to speak) all the wienie investors went away. In addition we have both seen this rise and peak in internet popularity of so-called gurus. In the end I like to think “that only time will tell” in all matters. In time the people that are trustworthy and active will be known and the others will quit or come around.
Talk soon,
John
Hi John,
It has been my goal to invest in real estate and this year is going to be my year. In 2015 I will own 5 investment places. I hope many of them are mobile homes too. I am researching many options now. How do you suggest I proceed forward to maximize my results and efforts? Thanks in advaced.
Sincerely,
James Fields
Hi James,
Thanks for reaching out and saying Hi. I am glad to have you here too. My advice is a combination of my own investing and helping others. I have created a post just for this question. it gets to the root of the big question and allows you to have some clarity, confidence, and plan moving forward. if in mobile homes you next deal should be about a month or less away. Especially now during tax time. https://www.johnfedro.com/what-type-of-real-estate-investor-should-i-be-answer/
In addition I admire your goal. My advice here is to focus on quality and not quantity. Also, pick a booming niche that you can do multiple deals in and there is a good supply and demand for your area. Hope this helps.
Talk soon,
John
Hi there! Congratulations Ken and John!!
Hi Hector,
Thanks for the kind words and commenting. If you have any questions in the future please don’t hesitate to reach back out.
Talk soon,
John
This was a very excellent podcast John and Ken! Very happy I found it. Congrats to you both.
Hi Courtney,
Thanks for commenting and your kind words. If you ever have any mobile home or real estate related concerns never hesitate to reach out. Always here to help.
Talk soon,
John
The podcast doesn’t seem to be playing…anyone else?
Hi Lui,
Thank you so much for pointing this out. We are having the problem figured out and worked out ASAP. We will definitely have these podcast back up and running so you can check them out here on this website and play them as intended. After listening to some never hesitate to reach out with any questions or concerns if you have them. Happy to help if possible. Thank you again for taking the time to write this comment and bringing up this needed fix. If you ever see anything else like this never hesitate to comment as well please.
Talk soon,
John