Did you know? Mobile Home Formula member’s TOP 7 BUY/SELL STRATEGIES…
Over the next few emails we’ll go-deep inside some of the mechanics (both theory and action steps) of mobile home investing. I’ll be interviewing some busy and experienced mobile home investors as well. The opportunity for you to build real cash-flow and profit with mobile homes is real.
Managing expectations: If you are looking to make $500,000 in 6 months you have not come to the right place. After 6 months of flipping 2-3 mobile homes for cash and holding another 2-3 mobile homes for passive monthly cash-flow, you can expect to 2x your capital when selling for all-cash and roughly add $300-$600+ in monthly cash-flow for each mobile home you sell via monthly payments.
Mobile home investors get to choose: Cash or Cash-Flow?
✔ #1 ALL-CASH/RETAIL: If we can double our invested capital, we may consider a fix and flip. If you begin investing with $5,000 to $20,000 expect to sell over 60% of your mobile homes for all-cash or bank financing to build up your capital in your first 12 months. This couple flips mobile homes for cash like so many others in the Mobile Home Formula group.
✔ #2 WHOLESALE: Any mobile home we don’t buy ourselves, may be a good fit for our unique wholesaling technique. However, if you wish to begin mobile home investing with less than $5,000 it may be wise to begin wholesaling a higher percentage of your first 10+ mobile home investments. Watch this 16 year old wholesale mobile homes after his high school classes.
✔ #3 MONTHLY PAYMENTS: If you begin investing with over $10,000 you may wish to sell more of your mobile homes for 5-30 years worth of monthly payments. This technique will help the most buyers and create the most value for your pocket. Watch Jarod cash-flow enough mobile homes to pay for his lifestyle.
✔ TAX LIENS AND TAX DEED SALES: When mobile homes owners inside parks and attached to private land do not pay their local property tax bill, the local municipality takes over the ownership and sells the home for a fraction of the retail value. Watch Natalia quick flip a mobile home/land deal bought from a tax deed sale.
✔ JOINT VENTURES: Partnering or joint-venturing with other investors is always a possibility when the opportunity to bring value makes sense and you know the right people to trust.
✔ SELLING NOTES: When you sell mobile homes via payments inside parks and attached to private land you may be able to sell the note created for immediate paydays now versus later. Check out what Mike has been doing to sell notes OR Listen as Robin funds her dream restaurant from selling her mobile home notes.
✔ WRAPPING NOTE/SELLING WITH MORTGAGE ASSIGNMENTS: When there is an underlying mortgage on a mobile home inside of a preexisting park we may be able to still provide value and create a win-win deals.
Does all that make sense? I hope so. If not, please email me personally with your questions… More clarity is better than less clarity.
Want more? Use the FREE resources below to learn more about investing in your area.
Videos for Beginners and Intermediate Investors
Even More Mobile Home Formula member Case Study’s
Listen to Our Mobile Home Investing Podcast
Get educated and start learning more about how we are closing mobile home deals like this throughout the United States. Examples like the one above are possible all over. The information found on this site and in the Mobile Home Formula is here for your education and use immediately. Commit yourself to the next 120 days to learning and getting started in the mobile home cash-flow and flipping business.
Love what you do daily,
John Fedro
support@mobilehomeinvesting.net