Buying Your First Mobile Home Park
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.
Why Vacancies Will Destroy Your Mobile Home Cash-Flow 2x Faster Than You Realize? Here’s Why…
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.
6 Self-Sabotages In Your Mobile Home Investing Business – Avoid These
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.
Mobile Home Fallacies And Other False Things You’ve Likely Learned In Grade School
What we discovered was that during our grade school years, we were all subjected to negative stigmas and perceived outlooks when it comes to mobile homes. As with many other misguided lessons we were directly taught or came to learn through osmosis in school or at home, your mobile home outlook has likely been corrupted all these years.
Your Tenant Stops Paying, Moves Out, And Damages Your Mobile Home! Now What?
In this week’s discussion we are going to discuss the question, “What happens if my tenant or tenant-buyer stops paying, damages your home, and leaves without notice?” This is a question we receive often from eager prospective investors that are looking to fully understand the retaking and reselling of a used mobile home.
Mobile Home Makeover and Flip, Without The Makeover
Am I able to purchase a mobile home that needs repairs and resell the home for a profit without making any of the repairs on the home before reselling? The short answer is Yes, however let us dive deep into this question and answer to find out why this is and how value is created with regards to mobile homes.
Reasons To Contact Mobile Home Park Managers & Residents Over the Holidays
Disclaimer: This post is written with the intention of helping individual investors buying, holding, and selling individual mobile homes inside these pre-established mobile home parks. During various holiday seasons, parks may help encourage residents to partake in with one another host dinners, holiday drives, social get-togethers, and local park parties.
The Top 4 Mistakes Of Mobile Home Rehab Flippers
The video below contains only the Top 4 mistakes investor’s make based on my experience speaking with frustrated mobile home investors and helping guide members of our Mobile Home Deal Maker Formula online training program. The video and list below are missing many other pitfalls, however this list is the top 4 for a reason and should be taken seriously throughout your investing career.
Top 5 Real Estate EPIC Fails of All Time
While to err is human, these errors never need to happen again if we stay diligent. Strive daily to be a better investor, better spouse, better friend every day. Every seasoned (long-term successful) real estate investor has failed over and over again. It is not how you fail but how you get back up and fight with even more determination to become the success you know you can be.
Mobile Home Dealers Rundown (For Investors Only)
Mobile homes and manufactured homes offer investors a great deal of flexibility and affordability when it comes to generating profits and creating value between buyers and seller. In this week’s article we will be focusing on some of the benefits to touring your city’s local manufactured home builders, dealer showrooms, and mobile home repossession lots.
Mobile Home Skirting – A Definitive Guide To Mobile Home Skirting As An Investor
This site is intended to help anyone seeking investing advice, buying advice , or selling advice concerning mobile homes and manufactured homes. In this article we will be covering the topic of mobile home skirting as a real estate investor and not for a owner occupant living in your personal residence.
What Mobile Home Repairs To Make Based On Exit Strategy? 3 Deals, 3 Lessons
Welcome back, I’ll admit that over the past 10+ years investing successfully in mobile homes I have become a bit of a mobile home snob. In the same way traditional real estate investors tend to turn their noses up to mobile home leads, lately I’ve have been turning my nose up to skinny-single-family-home leads. Mobile […]
Mobile Home Investing Quiz Game: How Much Do You Know?
It’s POP quiz time again. This website is designed to help bring you clarity in the career of mobile home investing and all things mobile home related. As a mobile home investor you should be knowledgeable about the M.H.I. industry. Mobile homes are unique animals compared to traditionally built homes. Likewise, factory-built-home “buyers and sellers” are different than traditional site-built home buyers and sellers.
3 Warning Signs To Buying A Mobile Home Lemon
This article is designed to help provide the newbie mobile home investor with some foresight to notice some not-too-common red flags that you will find while investing in individual mobile homes inside of pre-existing mobile home communities.
Mobile Homes Near You
Where To Find Mobile Homes Near You. Below is a quick common-sense grouping of most towns and cities around the country. Please keep in mind that this in no-way relates to every city or town nationwide.