Welcome back,
In today’s Mobile Home Investing Lessons podcast #59 we are talking to active Mobile Home Formula investor, Ray. In a couple short months, Ray has been able to successful fast-turn 10 mobile homes for profit. Along the way he has also been able to help buyers, sellers, and build a thriving business.
Ray started his mobile home flipping journey with only $15,000 and investing part-time was able to flip 10 mobile homes in 10 months with the help of his hard work and the Mobile Home Formula’s training.
A special thank you to Ray for hoping on the mic. He will help more people than he knows with this podcast.
Ray the Mobile Home Investor: From Early Entrepreneur to 10 Deals in 10 Months
- ✔️ 1:50 Early entrepreneur.
- ✔️ 3:20 First condo deal in 2019.
- ✔️ 5:55 Ray’s mobile home business.
- ✔️ 7:10 Common repairs?
- ✔️ 7:20 Deal story
- ✔️ 9:00 Working for the deals.
- ✔️ 11:00 How long to flip your mobile homes?
- ✔️ 12:00 What are you improving?
- ✔️ 13:30 Average profit per mobile home flip?
- ✔️ 14:53 To fix, or not to fix?
- ✔️ 16:50 Handymen and Contractors
- ✔️ 20:50 Paying early leads to losses
- ✔️ 26:0 Advice for others.
- ✔️ 27:40 Money and Time to start.
Ray’s journey into mobile home investing may look fast from the outside, but it’s built on years of entrepreneurial thinking, disciplined learning, and a willingness to work for every deal. In just over 10 months of working alongside his mentor, John, Ray has bought and sold 10 mobile homes, one per month, while helping local mobile home parks, buyers, and sellers along the way.
An Entrepreneur from the Start. (1:50)
Ray didn’t wake up one day and decide to become an investor. As he shares early in the video, he’s been an entrepreneur since a young age. Long before mobile homes entered the picture, Ray was already thinking in terms of opportunity, problem-solving, and value creation.
First Real Estate Experience: A Condo Deal (3:20)
Ray’s first taste of real estate came in 2019 with a condo deal. While not a mobile home, that experience planted the seed. He learned firsthand about ownership, costs, repairs, and the realities of buying and selling property.
That early deal gave Ray context. When he later transitioned into mobile homes, he wasn’t starting from zero, he already understood how real estate works, how deals can go sideways, and how important numbers and execution really are.
Building a Mobile Home Business. (5:55)
Ray’s mobile home business is relatively young, but it’s already producing consistent results. In less than a year, he’s completed 10 deals while working closely with his mentor, John.
What stands out is that Ray didn’t try to reinvent the wheel. He followed a proven system, stayed focused on fundamentals, and put in the work required to find and close deals. Mobile homes became his niche not because they were trendy, but because they offered a real opportunity to help people while earning a fair profit.
Common Repairs and Real Deal Stories. (7:10)
In the video, Ray breaks down some of the most common repairs he sees in mobile homes, things like flooring, cosmetic updates, minor plumbing, and general cleanup. These are not massive rehabs, but they do require attention to detail and realistic expectations.
He also shares a deal story that highlights the unpredictability of investing. Not every deal goes perfectly, but each one teaches you something. Ray’s approach is practical: assess the condition honestly, estimate repairs conservatively, and don’t force deals that don’t make sense.
Working for the Deals. (9:00)
One of the strongest themes in Ray’s story is effort. Deals don’t magically appear. Ray talks openly about working for leads, following up, and being consistent, even when deals fall through.
This willingness to do the unglamorous work is a big reason he’s been able to average one deal per month. Mobile home investing rewards persistence more than perfection.
Timing, Improvements, and Profits. (11:00)
Ray discusses how long it typically takes him to flip a mobile home and what he focuses on improving. Speed matters, but quality matters too. The goal isn’t to over-improve, it’s to make the home safe, clean, and appealing for the next mobile home buyer.
When asked about average profit per deal, Ray gives realistic numbers, reinforcing that mobile home investing is not about hitting home runs every time. It’s about consistent, repeatable wins that add up over time.
To Fix or Not to Fix? (14:53)
Not every home needs a full rehab. Ray explains how he decides whether to fix a home or sell it as-is. Sometimes the best move is to price it right and let the next buyer handle updates.
This decision-making skill comes from experience and from understanding the local buyer pool. Knowing when to stop fixing can be just as important as knowing what to fix.
Contractors, Handymen, and Costly Lessons. (16:50)
Ray shares valuable insights on working with mobile home handymen and contractors. Finding reliable help is critical but so is managing cash flow. One hard-earned lesson: paying too early can lead to losses.
These experiences shaped Ray’s systems and boundaries. Clear expectations, milestone-based payments, and communication are now part of how he protects both his projects and his profits.
Advice for Others Getting Started. (26:00)
Toward the end of the video, Ray offers advice for anyone considering mobile home investing. His message is encouraging but honest: you don’t need massive capital, but you do need time, effort, and patience.
Ray’s story proves that with mentorship, consistency, and a service-first mindset, it’s possible to build momentum quickly, even in a niche you’re new to.
Ray’s first 10 months in mobile home investing are just the beginning. By helping parks, buyers, and sellers while steadily growing his business, he’s showing what’s possible when entrepreneurial experience meets focused action.
Helping others, and helping yourself.
Every single mobile home investor is in this business to make a profit. You make profits by solving mobile home park problems and mobile home seller problems.
However, we can only make a profit when we continue to run an ethical business that helps others. The more people you help, the more profits you create so, you can advertise and help more people.
Until you are better known locally, mobile home deals will rarely fall into our lap without regular work and effort. Expect to work harder for yourself than you do for someone else.
Mobile home investing should not be exciting, but rather a predictable, safe, rewarding and profitable. Moving forward when you have any mobile home related questions please never hesitate to comment and/or email below.
Love what you do daily,
John Fedro
Support@mobilehomeinvesting.net
Listen to Ray & John’s Mobile Home Podcast here…
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4 Responses
We are trying to find the title for our manufactured home. We live in Pennsylvania. We our unable to locate the title thru Penndot. Any suggestions appreciated.
Hi Janice,
Thank you very much for commenting and reaching out with this situation. Thank you for your detailed email as this certainly does help me understand your situation a little bit better. I am assuming that if you are already calling Penndot then you likely have the VIN or serial number to the mobile home. If not then I would encourage you to check out this video as it might help you locate this information first so that penndot or one of the local tag agents can help you. https://youtu.be/9sN3pyNqBAw However assuming that you do have some identifying markers on the mobile home, like the serial number, HUD label number, or VIN, then this should pull up in the states system. Unless perhaps the mobile home was moved in from another state and never registered in Pennsylvania. Do you currently have the title to the home? Is this one located in a park or on private land? hoping this helps and point you in the right direction.
Talk soon,
John
Wonderful work gentlemen. Question for you both. Do All doublewide mobile homes come with 2 titles no matter the age?
Thank you for watching and commenting. No, in some states There may be only one title even though there are two sections of the mobile homes. In these situations The letters A and B are typically at the end of the serial number or Vehicle Identification Number. However that is not always the case. Additionally, in some states they now require you to have two titles for a double wide, but in the past they were printed with only one. In these states they will accept the one title when it is sold and print out two titles to the new buyer. Hope that helps and makes sense.
Talk soon,
John