How Mobile Home Sellers Can Be Tricky? (Buyers Beware)
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.
50 Tips While Working With Mobile Home Handymen And Contractors
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.
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.
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.
MHI 007: Mobile Home Investing in a New State With Stuart Bateh
Stuart agreed to spend the next 17 minutes with us on this week’s mobile home lessons podcast describing his mindset and discussing what made growing his investing business profitable, safe, and super fast.
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.
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MHI 006: Best Mobile Home Deals With Val Penna
These are not the best deals because they made us the most profit. Instead, these are some of the best mobile home deals in our portfolio because they proved to us the possibility of helping others while building our businesses and creating Win-Win deals from scratch.
MHI 003: Park Manager Due Diligence With Bill
Today on the Mobile Home Investing Lessons Podcast we are excited to welcome a guess who has more experience in traditional. mobile home investing podcast..
Mobile Home Investing Podcast 003
MHI Lesson 3: First Deals With Guest Bill Neves Today on the Mobile Home Investing Lessons Podcast we are excited to welcome back a very active mobile home investor to share his insights on a very important topic: Park management due diligence. Bill Neves is an active investor that loves building incredible returns with mobile […]
Podcast
Listen, Learn, & Subscribe below… Subscribe via iTunes Subscribe via Stitcher Thanks for checking out the Mobile Home Investing Lessons Podcast. Our show, with main host John Fedro and co-hosts that change weekly, was designed as a tool to help both novice and experienced real estate investors and mobile home investors. Our goal is to […]
Mobile Home Makeover – Before and After Rehab Pictures
Below are 3 examples of before and after repairs made to mobile homes. These 3 examples come from active members of the Mobile Home Formula training program. These members have also taken the time to comment a few of their thoughts on each deal. What a great business to be in to restore homes and improve neighborhoods, all while creating a value for others and yourself.