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Mobile Home Investor And Park Relationships (Part II of II)

July 27, 2012 5 Comments

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.

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Giving Sellers Multiple Real Estate Sales Options

July 27, 2012 6 Comments

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.

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Case Study Mobile Home Formula

July 17, 2012 4 Comments

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

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Used Mobile Home Profits: Dumb It Down Video

June 18, 2012 12 Comments

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.

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Case Study With John Fedro And Mike Mora

June 12, 2012 7 Comments

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.

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Mobile Home Kool Seal

May 17, 2012 117 Comments

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.

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Mobile Home Formula Review

May 4, 2012 6 Comments

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.

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Mobile Home Investor Mindset

March 9, 2012 2 Comments

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.

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Brand New Real Estate Investor Newbies Keep Asking Questions

February 1, 2012 8 Comments

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..

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Get Off The Mobile Home Sidelines: Top 4

December 31, 2011 8 Comments

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.

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Fake It Until You Make It 2.0

November 14, 2011 6 Comments

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.

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How to Negotiate a Mobile Home Park Purchase Price?

October 27, 2011 2 Comments

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.

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Is a Brand New Mobile Home a Good Investment?

October 25, 2011 11 Comments

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..

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Real Estate Investing: Deciding and Conquering Your Niche

October 18, 2011 12 Comments

You may already understand for the first 120 days after you start to call your self a mobile home investor you will be contributing to your business daily (my advice only). It may be just 30 minutes per day or it may be 3 hours per day depending on what you can invest. So besides your time goals or freedom goals let us first sit down and make a list. Al list of your:

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Testimonials

Julienne L. Price

Thanks to your formula we were able to do a lil over $105,000 in 3 deals in little over a yr.

Matt H

Thanks John, I really appreciate all your guidance so far, and look forward to talking with you going forward. I am really excited about this

Melissa

I am a single person and have been for a long time. I was a single mother for many years and really wasn’t able to

Brian S

Just wanted to let you know we sold the property and I truly appreciate your guidance and support Bought it for 15000 Sold it 35000 —

Chris K.

I’m making my way through Module 1 right now. This course is incredible! I’m impressed with all of the detail.

Ben K.

I am grateful for are the two MH’s I was able to buy and sell. With your help, I was able to build up great