Welcome back,In today’s Mobile Home Investing Lessons podcast #58 we are talking to active Mobile Home Formula investor, Carl. In a couple short years, Carl has been able to cash-flow individual mobile homes to quit his full-time...

Welcome back,In today’s Mobile Home Investing Lessons podcast #57 we are talking to active Mobile Home Formula investor, Darryl. Darrly has been mobile home investing in the great states of Delaware and Maryland since beginning working with John in 2022.In this short time working together Darryl has become more confident investing in mobile homes, helping others, investing on his own, and growing a profitable investing business.Darryl has now transitioned into a full-time mobile home investor.Being a newbie stinks! Darryll has had to overcome mental fears and roadblocks, desires to quit, imposter-syndrome, being laughed at by friends and more, ALL before becoming success flipping mobile homes.Use the time markers below to fast forward the podcast above.* 1:20 Beginnings* 2:30 Getting first deals* 4:40 Typical deals?* 5:10 Feeling like an imposter* 7:50 Investing full-time* 9:40 Working with park managers* 13:50 Selling on MLS* 14:20 Common mobile home rehabs* 18:00 Helping sellers* 21:00 Staying positive* 22:22 Being a hero to family* 23:33 Working with handymen* 28:52 Advice for others* 32:30 How many hours before your first deal?* 33:58 Park manager with snotty attitude story* 34:57 Park manager with seller’s remorse story* 41:00 Park manager tip #1* 42:25 Park manager tip #2* 45:30 Free mobile home(https://www.mobilehomeinvesting.net/wp-content/uploads/2024/04/spotify-podcast-badge-blk-grn-660x160-1.png)From First Deals to Free Mobile HomesThis week’s podcast episode takes listeners on an inspiring and practical journey through the ups and downs of mobile home investing. Packed with real-life stories, strategies, and lessons learned, the conversation offers a roadmap for beginners while giving experienced investors a fresh dose of motivation.The episode opens at 1:20 with the guest sharing their beginnings, what first sparked their interest in mobile homes and why they decided to pursue this unconventional but rewarding niche. By 2:30, the discussion shifts to the excitement and uncertainty of landing those first deals. The guest explains the learning curve, the mistakes made, and the small wins that provided the confidence to keep going.At 4:40, listeners get a look at the typical deals in mobile home investing, what they cost, the margins, and the unique factors compared to traditional real estate. Soon after, at 5:10, the conversation gets personal as the guest reveals moments of feeling like an imposter. It’s a refreshing reminder that doubt is part of the journey, even for those who eventually succeed.By 7:50, the topic turns to taking the leap into investing full-time. Here, the guest explains what it felt like to leave behind the safety of a traditional job and pursue mobile home investing as a career. A few minutes later, at 9:40, they dive into one of the most important relationships in this business: working with park managers. Listeners learn why these gatekeepers can make or break deals and how to build trust with them.Fast-forward to 13:50, where the guest shares insights about selling on the MLS, a less common but sometimes highly effective exit strategy. At 14:20, they dive into the nitty-gritty of common mobile home rehabs: flooring, paint, roofing,

Welcome back,In today’s Mobile Home Investing Lessened podcast #56 we are talking to active Mobile Home Formula investors, Michael and Brian. Brian and Mike live and work full-time jobs in Manhattan, and commute to their mobile home investments out-of-state.These 2 guys have been mobile home investing in New Jersey, Pennsylvania, and Maryland since beginning working with John in 2024. In this short time working together these two investors have closed 7+ mobile home flips for 5-figure paydays.In addition to making money Michael and Brian are learning every step of the way. All this while actually helping local mobile home buyers, mobile home sellers, and mobile home park managers. These two investors are even working directly with and helping local mobile home park owners to fix and fill the park's unwanted vacant mobile homes.Use the time markers below to fast forward the podcast.0:00 Intro0:30 Before mobile homes4:10 Easy or Hard5:00 Deals complete6:10 Problems to overcome8:00 Park manager pro tip9:45 Pushing past the no10:30 How has your marketing changed?12:10 Investing out of state15:10 Hours per week?15:50 First deal stress19:40 Have you ever wanted to quit?21:50 Win-Win deals24:00 2nd deal story31:10 Working with a partner32:40 Corporate VS mom and pop35:45 Advice for your former selvesPushing past the few negative park managers to talk directly with park ownersBrian and Michael do not give up easy. When a door is closed in front of them, they look for a way in through the window. This is no more evident than when a local park manager told them that they were not able to purchase a used mobile home from a seller in the park that was being evicted.These two investors use the LinkedIn, the white pages, and skip tracing tools to track down the mobile home parks regional manager to talk directly with the person in charge. The regional manager welcomed these two investors with open arms.When you know you have a very good deal in front of you, definitely push hard to make it happen. Where there is a will, there usually is a way.Sacrificing the time neededThe time definitely has to come from somewhere. Even if you plan to invest remotely out of state or only focus on wholesaling mobile homes to start, aim to have at least 15 hours set aside per week. Five of the hours can be at night, but the rest need to be during the daytime any day of the week or weekend.Building a safe and thriving business does not happen by accident. It does not happen without focus and weekly commitment. Again, 15 hours a week at minimum. If you have more hours or many more hours than that, then they will definitely be used while you are building your business for the first six months or more. After that more things can be outsourced and delegated out.Getting paid to learnMichael and Brian mentioned this in today’s podcast. They are making money while they are learning to invest in real estate and mobile homes. Brian and Michael are buying mobile homes through tax deed sales, mobile home park managers, online advertising, offline advertising, and more.Besides the monetary gains these guys are making, they are also learning a great deal about people’s skills and dealing with buyers, sellers, managers of communities, handyman, contractors, and more people that we run into on a day-to-day business. If you have not invested in real estate before, be prepared to improve and grow as a person.Mobile home deals rarely fall into our lap without regular work and effort. Expect to work harder for yourself than you do for someone else.

Welcome back,In today’s Mobile Home Investing Lessened podcast #55 we are talking to active Mobile Home Formula investor, Jason. Jason has been mobile home investing in the great state of Texas since working with John in 2018. In...

Welcome back,In today’s Mobile Home Investing Lessons podcast #54 we are talking to active Mobile Home Formula investor, Lyndell. Lyndell has been mobile home investing in the great state of Luisiana since beginning working with ...

Welcome back,In today’s Mobile Home Investing Lessened podcast #53 we are talking to active Mobile Home Formula investor David. David has been mobile home investing in the state of Virginia since beginning working with John in 2022. In this short time working together David has become more confident investing in mobile homes, knowing how to help mobile home buyers and sellers, and has even transitioned into a full-time mobile home investor.David was able to retire from his electrical engineering career and invest full time living off of his mobile home flipping profits. David has overcome normal fears and mental roadblocks, compulsions to be a perfectionist, fear when talking to strangers, and learning a completely new skill set/career safely and quickly.Pro Tip: Mobile home investing and real estate investing is not for the weak.Use the time markers below to fast forward the podcast.* 0:00 Restart mobile home investing?* 1:32What would you do differently?* 2:52 Working with John.* 4:50 The cat mobile home deal.* 8:50 Deposits refundable?* 13:40 Getting approved with no W-2.* 14:59 Quitting* 19:37 Common mobile home repairs.* 22:25 Being a perfectionist.* 26:10 Selling safely* 29:41 Cheap buyer story.* 32:30 Average repair budget?* 37:20 Advice for others.We are all scared in the beginning.How could starting a new business and putting yourself out into a new world not be scary? We are all human, and most of us do not like to feel insecure, unsure and new at something.Mobile home investing is not just one thing. Mobile home investing is a combination of dozens of skills and new knowledge to learn and possess.As a successful mobile home investor, you should be able to…* Stay within an advertising and marketing budget.* Successfully negotiate with sellers.* Talk to strangers.* Help people in need.* Start investing on a budget.* Analyze repairs.* Perform due diligence on parks, homes, and mobile home titles.* Screen and negotiate with handyman.* Structure win-win deals with sellers.* Learn your state’s mobile home laws entitled procedures.* Juggle multiple properties at once.* Successfully talk to and work with mobile home park managers.* Purchase and add mobile homes to private land you also own.* Profitably move mobile homes to new locations and completely set them up.* Establish purchase price and resale price for every mobile home you find.* Overcome title challenges on a regular basis.* Learn to screen cash buyers and payment buyers.* Increase your marketing in cost effective ways.* Scaling and automating your mobile home investing business in the future.Most of us start mobile home investing with little money and very little knowledge of this industry. How are we expected to stumble our way to success without failing multiple times? If you plan on learning this business on your own through trial and error, please remember that you can always reach out to ask questions at the email address below.Pro Tip: We all pay for our education eventually.Making enough money to retire.Replacing your current income with the profits from mobile home investing does not happen overnight. This only happens with consistent effort and correct daily action towards your financial goals. David had zero money coming in from mobile homes when we first met.Through all his fear David continued to push forward, ask questions, take action, and check in regularly for updates and feedback.

Welcome back,In Natalia’s short time investing in mobile homes, she has already been able to create enough value to leave her full-time accounting job. Natalia now invests within multiple states around the NYC nearby, helping many buyers and sellers in need along the way.Thank you to Natalia for coming on today’s podcast and sharing her mobile home investing business with us. Listen as Natalia shares what is working for her and how she overcame some of her toughest obstacles while building her mobile home investing business in New York, Pennsylvania and New Jersey.Watch today podcast or listen below. Learn from Natalia’s stories so you can make more money faster and help more sellers and buyers this year.* ⏩0:00 Getting started with mobile homes* ⏩1:50 Intro Natalia* ⏩4:00 Hours per week* ⏩5:15 Cash or payments* ⏩8:00 Favorite deals* ⏩11:00 Be noisy* ⏩12:15 Must be moved* ⏩20:00 Solving this issue* ⏩22:00 Following your ethics* ⏩24:00 Going to court* ⏩28:15 How it broke* ⏩32:02 Second home moved* ⏩34:15 How long to resell* ⏩37:30 Land deal* ⏩39:00 Confidence we gain* ⏩40:20 Advice(https://www.mobilehomeinvesting.net/wp-content/uploads/2024/11/mobile-home-land-natalya.jpg)Buying property via Delinquent Tax sale lists. In today’s podcast we talk about multiple ways of buying mobile homes and various situation the sellers may find themselves in. One deal Natalia remembers during our podcast was a home she purchased directly from a county due to defaulted property taxes.Natalia was able to purchase the property for cash under $4000. This particular property we’ll say parcel of land that used to hold a mobile home. The previous mobile home was removed already, however the connections to the sewer and city water line were still connected and ready.Natalia quickly listed to home with a Realtor after only seeing the property once. While other mobile home investors may have added a mobile home and then resold the property or rented it for long term profits, there is nothing wrong with Natalia tripling her money after owning the property less than a couple weeks.Natalia’s exit strategy: Sell to a cash buyer and triple the investment without touching a thing. Natalia locked in her profit when she purchased the good deal.(https://www.mobilehomeinvesting.net/wp-content/uploads/2024/11/mobile-home-deal-five.jpg)Buying and selling without ever seeing the mobile home.In today’s video podcast Natalia reminisces about a mobile home she purchased and resold without physically seeing the property. This mobile home was roughly seven hours away from Natalia at the time.After deciding over the phone that the mobile home was worth checking out, someone local was hired to go through the property, take dozens of pictures, test utilities, look under the home, and drive through the community in order to give Natalia a clear picture of what she was going to be making purchase offers on.Purchase offers were made. The seller and Natalia negotiated some until a win-win deal was reached. Natalia admits her negotiation skills need improving. However, even without negotiating much, she manages to close really profitable deals.Natalia and the seller met halfway to close and exchange money and paperwork.

In today’s video we are super proud to welcome Shaun and Pamm to the Mobile Home Investing Lessons Podcast. It is hard to believe we are already on mobile home podcast episode #51. Today we have an exciting episode ranging from starting challenges, shady sellers, working full-time, handyman advice, being married, and how to build great relationships with mobile home park managers.A huge Thank You to Pamm and Shaun for joining me on today’s Mobile Home Investing podcast. In the podcast episode below this married investing power couple provided a huge amount of mobile home investing value simply to help other mobile home investors. This giving nature definitely shows in their mobile home investing as well.Shaun and Pamm’s motto, “Under promise and over deliver.”Pamm and Shaun go from beginner to success with mobile homes. (How they did it?)* 0:00 Welcome Shaun and Pamm* 4:00 What are your day jobs?* 8:45 When did your business change?* 14:30 Selling for cash VS. monthly payments?* 16:00 Handyman special VS. Bigger repair project homes?* 18:20 Any bad deals?* 20:00 Working with mobile home handymen?* 24:00 Dealing with confrontation?* 28:20 Why do parks work with investors?* 31:15 Handyman Dos and Don’ts?* 36:30 What is your 5-year plan?* 40:00 What’s been your highest profit deal?* 44:00 Why mobile homes?* 52:00 Sourcing discount flooring?* 53:00 Overcoming troubles?* 59:00 What ways have you improved yourselves?* 1:04:40 Advice for other mobile home investors?Quality In & Quality OutShaun and Pamm talk about the pursuit of their first deal before they were official mobile home investors. They describe occasions where they are able to invest in used mobile homes without making any repairs at all. Some homes can quickly be flipped for a healthy profit with no rehab needed. However, some homes absolutely do need repairs completed, cosmetic and more structural.Shaun and Pamm have always fixed homes a bit more than the average mobile home investor. Shaun and Pamm standout and shine in their local market compared to other mobile home investors.* ✔️ Where other mobile home investors fail to communicate with the local park management, Shaun and Pamm keep in great communication with park managers.* ✔️ Where other mobile home investors do not follow up regularly, Shaun and Pamm continuously follow up with mobile home sellers.* ✔️ Where most mobile home investors fail to fix mobile homes before they resell them, Shaun and Pamm seem to always fix what is broken. This way they many deliver a high-quality product to a well-paying cash buyer.Tip: Like it was mentioned in today’s podcast, humbly brag to the manager when you do make repairs to the inside of the mobile home. Show off what you did.Compromise & VisionPamm and Shaun really open up about difficulties they had while first investing in mobile homes and growing their flipping business. Both of these investors love each other very much, yet growing a successful business like this together is brand new for them. This married couple now has been figuring out how to work together peacefully and productively on the fly.Towards the end of this podcast Shaun and Pamm talk about the secrets that have helped them grow closer in marriage while building a successful mobile home investing business together.In conclusion, mobile home deals rarely fall into our lap as newer mobile home investors without hard work and daily effort. After you’ve built up a noticeable reputation for yourself and made hundreds of purchase offers,

In today’s podcast we are talking with active Mobile Home Formula investor Rod from the Washington D.C. and Virgina area. Rod’s mobile home investing success did not come by accident. Rod has followed a strategic plan and has been persistent after h...

In today’s podcast video we are talking with active Mobile Home Formula investor Megan. Megan has been busting her butt for the past year making a name for herself in the mobile home investing space. Megan is now successfully investing around her state and is well known by other mobile home brokers and park managers statewide. This success did not come by accident, but rather from a specific plan and daily action from Megan.Like almost everyone, when Megan got started investing in mobile homes she had countless questions. Megan and John talked almost daily while building her mobile home investing business.Megan has overcome struggle after struggle in order to achieve her success. She knows she still has a lot more to achieve.A special thank you to Megan for hopping on today’s video to share her business details with others and help other mobile home investors she will likely never meet.Mobile Homes Investing VS. Single Family House InvestingNo one is born a mobile home investor. No one is born a single-family house investor. There are many ways to discover the real estate investing field, however typically investors find themselves gravitating towards 1 niche or another.Like many folks, when Megan heard about mobile home investing through her family, she was skeptical. Actually, Megan admits to rolling her eyes and laughing at the idea of investing in mobile homes. This attitude is extremely common, who wakes up and thinks to themselves “I want to invest in mobile homes today?”After doing more research Megan did the math to realize that mobile homes were just as profitable as single-family homes when it comes to monthly cash flow. Additionally…* There are way less mobile home investors compared to single family home investors.* There is way less capital needed when investing in mobile homes compare to traditional houses.* The risk is much lower in mobile home investing, but serious risk does still exist.* Mobile home sellers can be in a real time-crunch to get their mobile homes sold quickly.* This year is a great time to sell mobile homes for all cash or monthly payments.* When selling mobile homes on monthly payments the cash flow can be very similar to that of site-built houses.Sacrificing Today’s Resources for Her Family’s FutureDo not believe anyone that tells you mobile home investing will make you rich quick.Mobile home investing regularly in deals every month can take 20 to 30 hours each week dedicated to your mobile home investing business. Think you have what it takes?Megan tells of a story about her driving over two hours away from her home to invest in a killer mobile home deal. Megan stayed an additional few hours at the mobile home while the seller packed up and moved out. Megan then had to drive all the way back home late at night. This was done with her kids and newborn baby in the car with her.Megan has put in the time to learn this business, to overcome her fears in order to gain the skills to helped so many local mobile home buyers and sellers in her market.Appreciating What You’ve Accomplished, While Still Always Aiming for Bigger Goals.Outsourcing is what Megan is currently working on growing. Megan’s mobile home business is growing, and she will need to outsource and automate her mobile home investing daily workload in order to scale and continue investing in mobile homes while investing less of her own personal time.Megan is becoming the definition of, working smarter and not harder.In today’s podcast you can watch Megan as she discusses her attitude about her recent successes. As we become more and more successful,

In today’s mobile home investing lessons podcast you are in for a treat. I’m so proud of these two investors. They are such great examples of running a successful mobile home investing business with a spouse. Tonya and Anthony have been happily married for decades. They’re now busy full-time mobile home investors that started investing just a few years ago.In a short period of time Anthony and Tonya have proven themselves as trustworthy and life-changing investors/brokers for the mobile home buyers and sellers they work with.Mobile home investing requires determination. Success requires determination. Determination is not something that can be taught. You either have it or you don’t. These two investors are a great example of dedicated and determined investors.Special thanks to Anthony & Tonya!In today’s mobile home investing podcast #47, we discussed…* 0:00 Mobile home investing* 1:30 Prejudice towards mobile homes.* 3:00 Background before mobile homes.* 5:45 Deals you both won’t ever do.* 8:10 Giving advice for free.* 9:40 Benefits to people liking you.* 11:10 Most shady people* 16:15 Buyer beware.* 19:20 Brokering mobile homes.* 21:30 Park being shady stealing deals.* 23:20 Salvaged mobile home title process.* 32:40 Underground market for homes with no VIN or Title* 33:30 Working with JohnHelping Others FirstZig Ziglar roughly says, “The more people you help, the more value you will create.” As investors and entrepreneur, we do not get paid weekly to start. Before the riches comes education and helping many people for free.Becoming a Mobile Home Licensed Broker or DealerAlmost every state requires an individual to become “licensed” when more than a certain number of mobile homes purchased and resold within a year. Or if an individual is acting as a personal property realtor between mobile home buyer and mobile home seller for a profit. Both these scenarios may fall under a mobile home dealers/retailers license or a mobile home broker’s license.Not every unlicensed investor is ethical, unethical, knowledgeable, or unknowledgeable. Same goes for licensed investors who are not always ethical into are not always knowledgeable. It is important for each one of us to become educated and make sure we set our buyers and sellers up for success.Winning Requires DeterminationAs you listen to today’s podcast it is easy to hear how Tonya and Anthony could have quit at any moment in the past. These two investors support one another and love one another whether any deals fail or succeed.Today’s podcast shows example after example of Anthony and Tonya remaining persistent and focused towards achieving their goals. Success does not care if you are excited, feeling positive, or feeling negative. Success only requires that you do the work.

In today’s mobile home investing lesson podcast #48 you’ll hear from a new father and son investing duo. These newer mobile home investors have been having recent success wholesaling and flipping mobile homes to happy cash buyers. These investors even have cash-flowing mobile home properties located in safe and populated areas.None of their success came by accident. Wayne Sr. and Wayne Jr. dedicated themselves to learning this mobile home investing business. They are successfully making a name for themselves locally.Special thanks to Wayne Sr. and Wayne Jr. for hopping on today’s podcast to help other mobile home investor’s they’ll likely never meet.Wayne Jr. and Wayne Sr. got started with little real estate knowledge and zero manufactured home investing experience. What they lacked in experience and knowledge, they more than made up for in desire, motivation, and persistence to learn everything they could about the mobile home flipping business and how to safely help others.Wayne Jr. & Sr. wanted the best mobile home education they could get as a mobile home investor.Watch and listen to today’s podcast for a clearer picture of what your mobile home investing business can look like in 2024.Whether you are investing in mobile homes full-time or part-time, the goal is to help others while creating a substantial profit for yourself. The more people you help the better your reputation becomes, the more your knowledge grows, and the more people we can continue helping.Some say mobile home investing is the most affordable way to break into a real estate investing career. Decide for yourself if mobile home investing is right for you. Sign up for a FREE membership to learn more about mobile home investing here (https://www.mobilehomeinvesting.net/).In conclusion, mobile home investing takes hard work and typically daily effort to make a consistent name for yourself and help multiple buyers and sellers monthly. You will never learn everything you need to know about real estate investing from reading books or watching videos. While there are many ways to make money in real estate, there are countless ways to lose profits as well. Have fun and take daily action to reach your financial goals sooner rather than later. If you have questions, please ask them. There are plenty of active investors around to give you help and guidance if you simply ask for it.

Once upon a time, there was a lady named Lameka who wanted to do something really special. She wanted to make money, but she also wanted to help people. She had a big dream of owning mobile homes and turning them into nice places to live while making some money. In today’s Mobile Home Investing Lessons podcast #45 we’re talking with active mobile home investor Lameka.Facing Her Scary FeelingsAt first, Lameka felt scared because she didn’t know much about mobile homes. But she didn’t let fear stop her. She decided to learn all she could about mobile homes. She read books, went to meetings, talked to people who knew a lot about them, and found a partner to learn from. Learning made her feel less scared.Lameka says, “with passion, belief, action, and accountability, we can achieve anything!”Helping Others and Making MoneyLameka didn’t just want to make money; she wanted to help families find good homes they could afford. She knew mobile homes could be great for that. So, she bought some old mobile homes and fixed them up to make them nice and cozy. This way, she could help people and make a profit too.Finding People Who Really Wanted to SellTo make her dream come true, Lameka needed to find people who really wanted to sell their mobile homes. She got good at this by talking to lots of folks and building trust. When mobile homeowners needed to sell fast, they thought of Lameka because she was local, friendly, and fair.Selling Fast to Happy BuyersOnce Lameka had nice mobile homes ready to go, she wanted to sell them quickly. She made sure to tell people about her homes and show them how great they were. Buyers were happy because Lameka was honest, and they got good deals. She sold mobile homes for all cash and others for monthly payments.You Can Do It TooLameka’s story shows us that even if we feel scared, we can still go after our dreams. If you’re interested in mobile home investing like Lameka, start by learning more about it. Talk to people who know about it and continue learning. Don’t let fear stop you. Use it as a way to make yourself better.Lameka says, “Whatever your goal, stay focused and take action to make it happen.”Lameka’s adventure is proof that we can do amazing things when we try. You can follow in her footsteps. You might even discover that you can help people and make money at the same time. So, don’t be afraid, start your own adventure in mobile home investing!In today’s Mobile Home Investing Lessons Podcast #45, we uncover:* 0:00 Welcome Lameka* 1:10 Mobile home investing VS Youtuber* 2:00 Multi-passionate Entrepreneur* 2:30 Real estate investing crash.* 7:00 Learning a new business.* 9:00 Invest without ever seeing the mobile home.* 11:00 Keep the home and rent the land.* 16:45 Park manager relationship.* 18:40 Investing safely.* 24:10 Buying or Brokering?* 28:00 Working with banks.* 31:00 Deal breakers when selling.

In today’s 33-minute Mobile Home Investing Lessons podcast episode #46 we sit down with active Mobile Home Formula members Ian and Daniel. The two best friends have helped dozens and dozens of mobile home sellers and buyers in their short time investing.Over 70+ mobile homes bought and sold, or wholesaled, in just over three years. This averages out to 2 mobile homes purchased and resold each month, for 36 months straight.These investors are not geniuses, but they are hard-working, ambitious, dedicated, and ethical friends that do not have to work a 9-to-5 job anymore. Listen to what these two investors have to say.A special thank you and shout out to Ian and Daniel for hopping on today’s call. Hopefully their sacrifices will now go on to help you grow your mobile home flipping business.In today’s mobile home investing podcast #46, John, Ian, and Dan gossip about…* 0:00 Introduction* 0:45 What are you willing to sacrifice?* 1:30 How much cash did you have to start?* 3:15 Cash or Cash-flow for you?* 5:15 Tips partnering with a best friend.* 8:40 Work life balance tips.* 12:05 Deals out in the middle-of-nowhere.* 15:00 What does an average deal look like? * 16:20 Do you need a sales lot?* 18:10 Do you think your age matters?* 18:50 Do you have a boss?* 21:50 Discrimination* 24:30 Providing value over price to seller.* 27:00 Setting correct expectations.* 28:40 Taking 6 months to close?* 29:00 Hours you put into your deals.* 31:20 What’s been one of your simplest deals?#1 SacrificingHelping others and growing a business requires you to make regular sacrifices. We all intuitively know this and understand that growing anything substantial will take time, effort, and some capital. However, until you have traveled the journey yourself, either by yourself or with the help of a partner, it will only be something you have heard about secondhand.Ways to help your business:* Vision boards: Cheesy or not, they help when you see them multiple times per day.* Hang around other like-minded investors. Join one or multiple real estate investor clubs nearby. Perhaps start your own.If you’re willing to sacrifice for the next five years will be able to do amazing things. Keep in mind that you should be achieving profitable deals right out of the gate.As you watch and listen to Ian and Daniel’s podcast you will hear the sacrifices, they make to be accountable to themselves, each other, and their business.* SACRIFICE your TIME hanging out with friends IN ORDER to meet with park managers and other mobile home sellers to build your successful business.* SACRIFICE your EGO IN ORDER to be a beginner and begin to master something new.* SACRIFICE your ENERGY and personal time IN ORDER to guerrilla market your business and service to build your successful business.* SACRIFICE your FAMILY time IN ORDER to close with buyers or sellers and build your successful business.* SACRIFICE some PROFIT IN ORDER to keep the deal moving forward and make the seller happy.Everyone that you see who is successfully investing in multiple mobile home properties is making constant sacrifices. Keep in mind that the sacrifices are definitely a good thing… No pity is deserved here. If you are reading these words and are not yet a active mobile home investor, then you have more sacrificing to do. We all do.#2 Multiple purchase strategies to help most mobile home sellers.Having multiple strategies to help each mobile home seller is something we talk about on this website often.

In today’s Mobile Home Investing Lessons podcast #44 we’re talking with active mobile home investor Doug. Doug has been an active mobile home investor in the state of Texas for over two years. Doug can now add to his title, Mobile Home Dealership Owner and operator.It’s been incredible to watch Doug bust-his-butt and grow his mobile home investing knowledge, returns, reputation, and now his own used mobile home dealership.Watch today’s podcast and discover…* How to start your own used mobile home dealership?* How to end things the right way with the wrong business partner?* How to build an ethical and successful mobile home investing Empire?Disclaimer: Most investors can be wildly successful without ever building a mobile home dealership.Now it’s a family business!Doug was able to retire his wife from her full-time career. Now she works in the family business at the mobile home dealership lot when needed. It certainly does not hurt that Doug’s wife is bilingual and just as hard of a worker as Doug.Doug’s team members included:* Mobile home moving companies: Doug outsources this task to different third-party mobile home moving companies he likes and trusts.* Rehab crew: Paid for and maintained by Doug.* Office manager: This role is filled with Doug’s wife. Overseeing day-to-day management of the dealership and more.* Sales agent: A young go-getter handling office duties, showing properties, closing paperwork, due diligence, and more. This agent is licensed and working underneath Doug as a mobile home sales agent.Since this is now a family business, Doug lets his payment-buyers know that they will be dealing with him moving forward. Doug lets his payment-buyers know he is careful with his money, checks backgrounds carefully, and wants to make sure payment-buyers have the ability to repay for the home. If the payment-buyers do not pay, then he will be taking action and quickly repossessing the property.Pro Tip: Doug gives a ton of great tips throughout the video. However, it may be wise for you to not follow this specific advice about disclosing that you are the business owner. It can be very helpful for you to appear to work with a company. This way you don’t have to be the top dog ultimate decision-maker. This way you can be the “good cop” while the projected company remains the “bad cop”.Doug’s Business ModelsDoug does part of his mobile home investing business inside other people’s local pre-existing mobile home parks. Doug also does many mobile homes transactions when the home must-be-removed from current land. Doug pays for the mobile home and the transportation costs back to his dealership.In today’s video Doug talks about his three strategies once the mobile homes get to the dealer’s lot:* Doug pays his full-time rehab crew to rehab the mobile home to rent-ready type of standards.* Doug resells the mobile homes As-Is without putting any money into the property.* The as-is mobile homes are shown to buyers. Some of these future payment-buyers agree to prepay for all the repairs to be completed by Doug. In this way Doug will not have to pay out-of-pocket to have his rehab crew do the work.Pro Tip: You can resell quickly if you resell for below-retail prices. Doug was taught to buy mobile homes at really good prices. Doug resells at competitive prices and therefore has multiple qualified buyers to choose from.Doug says,

In today’s 34-minute Mobile Home Investing Podcast episode #43 we sit down with a very active mobile home investor involved in multiple deals in any one given time. Best part is that Caleb usually has little to no money invested into many of his dea...

Today’s podcast #42 has been over two years in the making. Dominic and I started talking about recording a mobile home investing case study podcast together after he got started mobile home investing back in 2020.Dominic got started investing in individual mobile homes at age 16 and a half with his family’s permission. Dominic is now 18 years old as of this article. By the time he could vote, Dominic had already closed a half dozen mobile home deals averaging over $5,000 profit per home.Dominic is killing it at his young age! This kid man is incredible! He’s got a long real estate career ahead of him.Dominic has genuinely helped way more people and made way more money by the age of 18, than most of us could have only dream about. Dominic makes all of us look old, and I’m so proud of him.While watching to today’s podcast, remember…* There will always be another safe opportunity to invest.* While watching this video enjoy in Dominic’s success and happiness. Also, take notes and learn from his journey from failure to success in mobile homes.* Use this video as fuel for your motivational fire. If Dominic can achieve these results, then there is no reason why you cannot as well. No more excuses.* Mobile home investing is not easy, but it can be predictable when consistent.In today’s mobile home podcast episode below, we cover:* 0:00 Side hustles early on?* 3:00 6 deals under age 18* 4:10 Fears looking younger.* 7:20 Making $35k in 6 deals.* 9:00 Selling for cash or payments.* 10:00 What percentage of your homes must be moved?* 11:00 Take the cash while you can.* 13:30 Be a sponge, to be the best.* 14:40 Working with John* 17:05 Deal #3* 21:25 Finishing the deal for a 10k profit.* 22:45 Surprises?* 27:30 Free mobile home!* 30:00 Buying without looking* 34:00 Advice for new investors?Thank you so much to Dominic for coming on today’s podcast. Dominic is truly a great guy that puts people first and has a high code of ethics. He wants to have a great business with a great reputation, and that is exactly what he is developing.Today’s article is short to encourage you to watch or listen to today’s podcast. Watching this podcast in full should only help your mobile home investing business growth.

We’re joined today by active mobile home investors Dan and Katie. These part-time mobile home investors are flipping mobile homes, raising a baby, new puppy, organizing charity drives, and working full-time jobs. These investors tell all about their journey from startup to successful profitable mobile home investing business in today’s Mobile Home Investing Lesson Podcast #41.It’s not all about the money with these two investors. Mobile home investing allows us the opportunity to meet and work with folks in various situations. Sometimes the people we meet are in vulnerable situations. What may seem like a small gesture, amount of time, or little money to you, may make a big difference to sellers you’ll work with locally.Today’s 60-minute podcast is full of heart. Listen and take some notes. Special thanks to Katie and Dan for today’s podcast. Listen to Dan and Katie’s journey below.In today’s mobile home podcast episode below, we cover:* 0:00 Kimura!* 1:48 Starting out.* 4:19 Surprise at the door.* 5:18 Love and hate* 8:10 Time management* 9:50 Give yourself grace.* 12:45 Giving back to the community.* 22:20 Handymen and contractors.* 28:38 Deal breakers for handymen.* 32:21 Dealing with partners.* 37:33 Give up?* 39:59 Cash VS. Payments?* 45:40 Problem?* 55:15 Dream BIGStories to entertain your friends.As an active mobile home investor, you’ll be the hit of any dinner party with difficult-to-believe and jaw-dropping stories. Adventures with mobile homes, sellers, buyers, handymen and various situations you’ll find yourself overcoming to succeed.You may likely have nicknames for some of your mobile home investments. “Prison home”, “Naked lady home” and “Jungle home” are a few homes in the recent past that quickly come to mind. These nicknames may have something to do with where the home is located, the sellers, or a particular characteristic of the mobile home.In today’s podcast Katie and Dan discuss about their “naked lady home” that they will forever remember. Listen to today’s podcast to hear this story.Making a real difference, one person at a time.You can’t help everyone. However, you can help some. To help guarantee your long-term business treat people right and aim to keep a great word-of-mouth reputation. Mobile home investing is much easier if you actually like people, if you actually want to solve problems for others.In today’s podcast: Organizing some folks in the community to give back and help others. Dan and Katie talk about a time they went over-and-beyond for a kind-hearted grandmother. This business allows us to give back to those in need.The more problems you solve for others, the more value you may create.Give yourself grace!* You will make mistakes.* Your success/goal is not a sprint.* You will be successful if you stay persistence and make consistent good decisions.* You will inevitably make some investing mistakes, some errors larger or dumber than others. Aim to make your wins far bigger than your losses.* Allow yourself the same grace and forgiveness you’d give to a loved one.* Love yourself too.Mistakes are normal but remember planning and smart decisions can significantly reduce much of the risk involved with getting started investing in mobile homes.Be prudent and invest wisely.

In today’s 34-minute Mobile Home Investing Podcast episode #40 I’m honored and so proud to introduce you to Illinois based active Mobile Home Formula investors, Desiree and Harold to the co-hosting microphone. These guys have so much love for each other and growing a highly ethical mobile home investing business.Harold and Desiree are mobile home investors that stay persistent, work together, and overcome any obstacles in their way. Everyday there are more questions, and all these questions means action is happening. Your questions need answers quickly.Any mobile home related questions please comment below or email me directly at the email provided below.The StruggleAnyone that tells you mobile home investing is easy, either hasn’t been investing for very long or has a very well-oiled mobile home investing machine or is lying.* Creating any business from scratch is challenging, and on a budget of only few thousand dollars leaves little room for mistakes.Desiree and Harold have successfully flipped over 15 mobile home deals while keeping a high profit margin and genuinely helping others. These investors have ethics and the parks they work within love how they do business. These investors stay busy and only a small handful of mobile home parks. In the beginning Harold and Desiree spent over 40 hours educating themselves, looking through mobile homes, driving mobile home parks, inspecting mobile homes that had to be moved, and more before they closed on their first mobile home investment property inside a local park.Before Desiree and Harold knew about mobile home investing, they knew they were ready to put in the hard work and effort that was needed to grow a successful business. When they learned about mobile home investing, they took the right steps to invest safely and quickly to grow profitable business.* Almost everything is teachable, except ambition. Ambition and dedication required!In the mobile home podcast episode below, we all cover:* 0:00 Getting started together.* 2:00 why mobile homes?* 3:45 Confidence to get started.* 4:45 Negativity* 6:25 Cash or Cash-flow* 8:20 5-year goals* 9:40 Beautiful home quick flip* 12:00 Hours per week* 14:00 Building relationships* 16:15 Outshining the competition.* 19:00 Switching business roles* 20:30 The struggle* 21:40 What made you successful?* 22:50 All free homes are not good deals.* 24:45 Working as a couple.* 27:15 Morning routines for success* 29:00 Using a calendar* 29:30 Has investing changed you* 30:40 Working with JohnFixing & Flipping Mobile Homes… Sometimes just flipping them.In today’s podcast episode Desiree and Harold admit that they almost exclusively are 1.) purchasing the mobile homes, 2.) fixing them up slightly or extensively, and 3.) reselling the mobile homes to all cash buyers for handsome profits.Buying Right + Cost Effective mobile home repairs (Based on your Exit-Strategy) = Profit when you resell.There are at least a dozen different methods or strategies to purchase and resell mobile homes. However, some mobile home investors only use one or two buy/sell methods to build their initial mobile home investing businesses and profit. Harold and Desiree are no different. Win-Win Deals Only: As mobile home investors we have to make money to stay in business and keep helping others. However, we should always aim to leave our sellers happy,

In today’s 23-minute Mobile Home Investing Podcast episode #38 I’m honored and so proud to introduce you to Virginia-based active Mobile Home Formula investors, Verline and Samuel to the co-hosting microphone. Samuel and Verline are mobile home investors that stay persistent, work together, and overcome any obstacles in their way. After some hard work this couple profited over $30,000 on deal #1 together with John.Sam and Verline (a married couple) have been busting their butts, working smart and diligently together to build their mobile home investing business. In today’s 23-minute-long podcast we talk about what is working for Sam and Verline to overcome doubt, fear, and become a success helping local mobile home buyers and sellers.Learn from Sam and Verline’s successes and roadblocks on today’s video podcast.Disclaimer: In this article the purchase price and profit numbers are rounded. The terms mobile home and manufactured home are used interchangeably.Special thanks to Samuel and Verline for taking out time to provide us with helpful stories, lessons, and struggles and valuable tips.In this mobile home podcast episode below, John, Sam, and Verline cover:* 0:00 Why mobile homes?* 1:30 First deal without any help.* 5:00 3/2 hoarder house* 9:45 Roadblocks with the park.* 11:30 Helping your buyer get park approved.* 13:00 What repairs did you decide to do?* 13:50 Any surprise repair issues?* 16:00 Did anyone ask for an inspector?* 18:00 $30,000 profit!* 18:30 Married and investing together.* 20:00 Words of wisdomDoublewide mobile home 3/2A three-bedroom to bathroom double wide manufactured home inside of a park. These 3/2 types of mobile homes are very desirable in most areas around the country. In Sam and Verline’s area of Virginia this is no exception.Work required: Much of Sam and Verline’s work went into the deal before they ever closed. Learning this business, finding and attracting the seller, offers and negotiations, due diligence and more.From the pictures below you can see the mobile home already looked pretty good when it was purchased. However, the mobile home did need some repairs; junk removal, cleaning, soft spots fixed, and a bit more. The total all in cost was roughly $20,000.Various handymen removed junk and fixed the floors.After thoroughly advertising the mobile home for sale, Sam and Verline were able to attract a happy buyer able to pay $50,000 in cash for the manufactured home. That’s just over a $30,000 profit.Cash buyers around the country: Around the country many mobile home buyers have more cash now than they did 5 years ago. Buyers with $20,000 to $60,000 cash are more common than you may think, and these buyers are looking for a very good deal for their money.Working together with difficult park managersOn this website you’ll watch videos and read articles discussing situations working/dealing with difficult mobile home park managers. Difficult mobile home park managers exist because human beings are emotional, sometimes greedy, sometimes selfish, and other negative traits at certain points in our lives.Mobile home park managers can be “difficult” for various reasons:* Park manager doesn’t communicate with you.* Park manager is much too strict.* Prejudiced in some way.* Playing favorites in some way.* Moving the goalpost and changing the rules.* Charging ridiculous fines for made-up violations.* Become argumentative or childish for no reason.