Mobile Home Investor And Park Relationships (Part II of II)
The above classes of mobile home parks can vary and change with time and demand. The above list does not take into account for park managers that are having “bad days.” Using the list above will not help you to avoid “Cold Shoulder” type parks but help you to organize and understand which type park manager you are speaking with at each unique community. Always remember that you are there to help the park, first impressions count, nobody likes a trouble maker, and always show a smile.
Giving Sellers Multiple Real Estate Sales Options
Every mobile home seller and/or traditional house seller you speak with will eventually sell their property to someone. If there is any chance of you helping the seller and creating cash-flow with this potential investment home then you have to throw your proverbial hat in the ring by making a seller “valid” purchase offers to the sellers to consider.
Mobile Home Investor And Park Relationships (Part I of II)
If you are already living in a mobile home park and are being harassed weekly by a dictator-like manager, it may be in your best interest to speak with the owner of the park directly. If this does not help perhaps legal counsel is in order.
Case Study Mobile Home Formula
Welcome back, Dave and Cindy are new users of the Mobile Home Formula. After only a few short weeks this husband and wife “investing duo” has already realized profit from their first 1/1 mobile home deal. Enjoy the video, tips, and pictures below of their deal. For the protection of the investors, tenants, and park…
Used Mobile Home Profits: Dumb It Down Video
My world changed forever one afternoon when I purchased my first mobile home inside a park over 10 years ago. Nine months later I quit my 2 jobs and lived solely on my monthly cash-flow. I am not saying this process was easy, however the struggles and successes where all worth it.
Case Study With John Fedro And Mike Mora
The case study below is from a new student to the Mobile Home Formula named Mike Mora. Mike has been involved with real estate and real estate investments for the past few years with a number of investments already in his cash-flow portfolio. Mike is looking to increase his retirement cash-flow with a few mobile home deals each year. Mike has only been investing with the Mobile Home Formula for less than 60 days.
Mobile Home Kool Seal
This rubber-based white roof coating comes in 5-gallon buckets you can pick up from Lowes Hardware or order directly from the Kool Seal website.
Mobile Home Formula Review
This trust and opportunity to teach you is not something I take lightly. It is my goal to shortcut your success and help you avoid the mistakes I have made throughout my decade long carer. Please see an updated list of a few successful members using the Mobile Home Formula.
Mobile Home Purchase Contracts Inside Mobile Home Parks (For Non-Investors)
In today’s video we will be discussing the paperwork we used in our mobile home investing businesses before, during and after we purchase a mobile home inside a preexisting mobile home park. The following video is made for all states except for California, Texas, New Hampshire, and Vermont.
Mobile Home Investor Mindset
When getting started we are often marketers, property appraisers, repairman or repair-woman, buyers, negotiators, funding experts, negotiators, closer, paperwork creator, buyer, seller, net-worker, landlord, property appraiser, marketer, boss, and the list goes on. With proper training you can outsource many of these tasks. However with regards to mobile home sellers and buyers we are first and foremost educators.
Brand New Real Estate Investor Newbies Keep Asking Questions
Perhaps that student was you. In my school his name was Chris Alderson and it seemed like everyday he would ask the teacher 2-5 questions, which is a lot of questions when you are 10 years old, about the day’s homework and daily lesson. Chris always had questions and looking back Chris always got the best grades in the class..
Get Off The Mobile Home Sidelines: Top 4
However after 24 months I had most of these steps down-pat. That is not to say I am not still learning about this business but by the time I was 2 years into being a successful mobile home investor I had seen most average purchase and resale situations and scenarios. Compared to traditional real estate investing this was child’s play with incredible returns. After 9 months I had obtained 11 mobile home properties cash-flowing over $3,500 monthly.
Fake It Until You Make It 2.0
This quote may be more impact-full to your ultimate success than you may currently realize. The more and more I research this “visualize it until you make it” term online and in group forums the more I see big named celebrities and athletes with success using this form of visualization to motivated themselves from failure to success.
How to Negotiate a Mobile Home Park Purchase Price?
NEVER buy a manufactured home park without following our 30 Days of Diligence format, and obtaining the necessary third party reports, such as the Phase I Environmental Study. While there are some great parks for sale out there, there are an equal number of stinkers that you should never get involved in. So never buy a park that you don’t know inside out and that has passed every test from the Test Ad to the Phase I.
Is a Brand New Mobile Home a Good Investment?
This is the exact situation many mobile home owners who bought a NEW mobile homes between 2000-2010 are in right now. Many of these buyers did not fully understand the repercussions of the loans and mortgages they were agreeing to. Many of these buyers were not ready to be home owners..