Missed Deals While Mobile Home Investing
Missing opportunities in real estate means losing out on big bucks. Typically you can miss out on real estate deals for a few reasons. In this short article we’ll dig into some of these deal-missing reasons, why they happen, and what you can do to prevent them from happening again.
Find More Mobile Homes for Investing
It is far better to spend the money on mailing 100 “I want to buy your mobile home” letters to receive 20 calls from motivated sellers than to send 1,000 letters to receive the same 20 calls. This is the difference between knowing where, how, and when to find your sellers VS. blindly mailing to everyone with a mobile home.
Mobile Home Park Managers Introduction
The more you understand how to help local Park Managers and your role as an Investor the easier this initial conversation will become. Keep in mind your service to the Park is to make your Park Manager’s life easier… not harder.
Convincing A Mobile Home Seller To Owner Finance
Clearly list and explain ALL the seller’s options to sell their unwanted home. Typically 3-6 strategies will be offered. This requires an understanding of properly investing in mobile homes – which will typically either come from A.) years as a mobile home investor B.) trial and error C.) working with an experienced partner or D.) educating yourself via the Mobile Home Deal Maker Formula.
Mobile Home Formula Coaching Call [Audio]
Welcome back, Every other Tuesday night a group of active mobile home investors and I get together and talk mobile home investing. The class is called our Tuesday night VIP Coaching call and is reserved for all active VIP Mobile Home Formula members. This class typically runs over 60 minutes and is comprised of: an […]
Senior Mobile Home Park Case Study
Since March 2012 this husband and wife investing team has been very active investing in individual mobile homes. Each mobile home property generates more monthly cash-flow plus significant profits. The case study for their most recent property can be found below with great results.
Mobile Home Investing Seminar
If you can make it out Las Vegas on October 25-28 to the event or are already going I look forward to you coming to meet with me. I will be making myself available for discussion, questions, complimentary drinks, and deal analysis, and potential partnering.
Manufactured Home Percentages Per State
With that said it can be helpful for you to know how your state stacks up compared to others. Keep in mind that within every state there will be entire zip-codes, neighborhoods, and cities that will have many more mobile homes compared to other areas. These areas will be good places to farm for mobile home sellers.
Real Estate Investing Smorgasbord
A mentor of mine told me years ago that real estate investing is like a smorgasbord. You can pick and choose the foods you’ll eat, keep returning for more helpings, and learn what areas you like and which areas you love. Like food, once this information is digested by your brain you will then make an educated business decision to continue practicing this method or leave it for later or never.
Networking: Reverse Bandit Signs
Always remember Real Estate Investing is not a lone wolf activity – Real estate investing is a group activity. Always encourage everyone to contribute, make new friends, and be active in your local investing circles. Constantly be adding names and numbers to your business Rolodex and remember to follow up.
Giving Sellers Multiple Real Estate Sales Options
Every mobile home seller and/or traditional house seller you speak with will eventually sell their property to someone. If there is any chance of you helping the seller and creating cash-flow with this potential investment home then you have to throw your proverbial hat in the ring by making a seller “valid” purchase offers to the sellers to consider.
Determining the Value of Your Manufactured Home When Selling For Payments
This is probably not the vague answer you were looking for however this is good news for you, the buyers, and the sellers.