(QUESTION) Hi John. If you were starting over tomorrow without any cash, bad credit and in a completely different market, what steps would you take over a 30 day period to to secure your first mobile home deal? Starting off with no money will not hinder your wealth in the long run. I remember my [...]
Archive for September, 2009
Pursuit of Happiness
Posted in 1 on September 22, 2009 | Leave a Comment »
Senior Mobile Home Parks?
Posted in 1 on September 18, 2009 | Leave a Comment »
I have a great deal lined up in a senior mobile home park? What do you think about senior parks? Have you ever bought in them? The senior parks disqualify anyone under the age of 55 from living there. That is a huge percent of our target audience. Unless I already have a qualified buyer lined [...]
Avoid ‘the Certainty of Poverty”
Posted in Mobile Home Investing Adventures on September 10, 2009 | 1 Comment »
BE A SUCCESSFUL CAPITALIST * Yearn to Learn! * Ask for help/advice! *Give more than you get!! *Celebrate the success of others!! **ACT!!! (from Peter Fortunato)
Exit Strategys
Posted in 1 on September 10, 2009 | Leave a Comment »
Even before you buy your next mobile home it is very important to have an exit strategy lined up to sell your home and start making money! Whether selling for cash, holding financing, leasing, and/or selling the note – there are different tax benefits and repercussions to these options. As [...]
Before your 1st deal!
Posted in Newbies on September 5, 2009 | Leave a Comment »
Hi Everyone, Mobiles home have gotten a bad wrap lately… well, always really. It is very important to start off with some great forward momentum. Important for all newbies that have yet to make a first deal…. make sure that your first deal is anything but skinny. This great initial success will carry you through for [...]
Who pays for the back lot/pad rent?
Posted in Answers to posted Questions on September 4, 2009 | Leave a Comment »
Hi John! - I have quite a few mobile homes and wanted to ask you some something. I recently attended a meeting in NC where Lonnie said I’m not responsible for back lot from a previous owner… or who I purchased the home off of. I have parks here in NC that try to get it from me on [...]
Lets Walk Thru Together
Posted in 1 on September 3, 2009 | Leave a Comment »
Quick video of walking through a recent vacancy! READ FIRST!!! A general walk thru of a lower end mobile. Keep in mind the importance of rememebering what will sell and what won’t. We are helpng to provide housing for the masses. Remember: “I” preform very little repairs on any of these mobiles. I buy these [...]
Does anyone know anything about Curses?
Posted in WTF on September 2, 2009 | Leave a Comment »
I was at a mobile home park where about 8 of my homes are. A very nice park and this particular home is currently vacanct. I was with 2 friends and was recording a quiet/simple “how to” video, showing the ins and outs of what to look for and repair in mobile homes. About the [...]
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