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.
In today’s video, I am joined with active mobile home investor Dave Burton. Dave and his wife started investing in mobile homes roughly 2 years ago, and since then have gone on to help change the lives and add value to at least a dozen families in his home area. Dave opens up his business and shares what is working and gives advice for others to be aware of.
The mistakes you have made and will make are your badges of honor. None of us are natural born real estate investors, so mistakes and challenges are expected and should be welcomed. In this article we will identify many common mistakes and address how to overcome them to become a better and stronger real estate investor.
Close more deals and keep more cash in your pocket. Structuring win-win purchase offers when buying a seller’s used mobile home can be an ideal scenario for all parties. This article is to serve as an introduction and/or a reminder that structuring payments to mobile home sellers can be both a wonderful and quite realistic part of your mobile home investing business.
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.
Thanks to your formula we were able to do a lil over $105,000 in 3 deals in little over a yr.
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
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
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 —
I’m making my way through Module 1 right now. This course is incredible! I’m impressed with all of the detail.
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
