Mobile Home Investing Podcast

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 pharmacy job.Selling a mobile home on payments = Down Payment + Monthly payments for over 60 months.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.Carl has now transitioned away from his pharmacy career into a full-time mobile home investor and mobile home park investor. His wife is the next one to quit her career.A special thank you to all the guest of this podcast. They will help more people than they know.0:00 Carl’s Mobile Home Journey BeginsJohn opens the interview with a question every investor can relate to: “How did this all start for you?”Carl smiles and admits that just a few years ago, he didn’t even know what a mobile home title looked like. He had been looking for a side hustle that could eventually replace his 9-to-5, and when he stumbled across John’s videos on YouTube, something clicked.“I didn’t have a ton of money or a fancy background,” Carl says. “But I knew I wanted something that gave me control of my time. Mobile homes felt like a way in.”Carl took John’s course, learned how to analyze deals, talk to park managers, and build relationships with sellers. Within a few months, he was knocking on doors, visiting parks, and taking small but steady action.3:40 – The Emotional Rollercoaster of the First Few DealsWhen John asks what those early days were like emotionally, Carl laughs. “I almost quit after my first deal,” he admits.That first transaction was a whirlwind of excitement and stress. The seller backed out twice, the buyer’s financing fell through, and Carl spent nights wondering if he had made a huge mistake.But when the deal finally closed—and he walked away with a large profit—something shifted. “It wasn’t just about the money,” he explains. “It was about proving to myself that I could actually do it.”John nods knowingly. “Every investor remembers that moment when it stops being theory and becomes real.”Use the time markers below to fast forward the podcast above.✔️0:00 Carl’s mobile home journey✔️3:40 Emotional first few deals✔️4:50 Student loans to fund business✔️7:50 Second round of funding✔️13:00 Bigger and bigger deals✔️16:30 Smaller deals VS Bigger deals✔️22:40 4 deals per month✔️30:30 Progress not perfection✔️33:50 Owning self-storage✔️39:30 Top 3 headaches✔️44:45 Evictions are last resort4:50 – Using Student Loans to Fund His BusinessOne of the most surprising parts of the conversation comes when Carl shares how he initially funded his business. “I actually used my student loans,” he says. “I had some leftover funds from college, and instead of spending them on something temporary, I decided to invest them in something that could grow.”John chuckles but also commends Carl for his resourcefulness. “That’s what separates successful investors,” he says. “They find ways to get started, even if it’s unconventional.”Carl emphasizes that it wasn’t about taking reckless risks—it was about believing in himself and betting on his education.7:50 The Second Round of FundingAfter closing a few early deals and reinvesting the profits, Carl hit a wall: he needed more capital to scale. Rather than stopping, he got creative again.“I built a small track record—three successful deals,” he explains. “Then I reached out to friends and family who trusted me and showed them the numbers.”That “second round” of funding allowed him to buy multiple homes at once and renovate them simultaneously. “That’s when I realized this could be more than just a side hustle,” Carl says.John highlights this as a key teaching moment: “You didn’t wait until you were rich to start—you started, and that’s what made you rich.”13:00 Bigger and Bigger DealsWith experience came confidence—and bigger opportunities.Carl started buying double-wides, land-home packages, and homes inside 55+ communities. “The profits were bigger, but so were the challenges,” he notes. “It forced me to think more like a business owner instead of just a hustler.”John points out that this is a natural evolution many investors face: “As you grow, the size of your problems grows, too—but so does your capacity to solve them.”16:30 – Smaller Deals vs. Bigger DealsThe discussion turns to strategy. Should investors chase big deals or stack smaller ones? Carl’s answer is balanced.“I still love the smaller deals,” he says. “They’re quick, simple, and low-risk. But the bigger ones let you scale faster and build credibility.”John agrees, reminding listeners that both have their place. “The small wins pay your bills. The big wins change your future.”22:40 – Four Deals Per MonthAt this point, Carl reveals he’s now consistently doing about four deals a month—a mix of flips and notes.“It didn’t happen overnight,” he says. “It’s just systems, relationships, and consistency. I spend most of my time now on follow-ups and referrals.”John highlights this milestone as a testament to momentum. “You’re proof that steady effort compounds. One deal a month becomes two, then three, then four.”30:30 – Progress, Not PerfectionWhen asked what advice he’d give new investors, Carl doesn’t hesitate: “Don’t wait until everything’s perfect. Just start.”He admits he made plenty of mistakes early on—underestimating repair costs, trusting the wrong contractors, and overpromising to buyers—but those experiences became his best teachers.John reinforces this mindset: “You can’t steer a parked car. Movement creates clarity.”33:50 – Owning Self-StorageThe conversation takes an exciting turn when Carl shares his latest project: owning a self-storage facility.“I never thought mobile home investing would lead to this,” he says. “But the principles are the same—buy under value, improve the asset, and create cash flow.”Carl used profits from his mobile home business to purchase the small storage property. Now he’s diversifying his portfolio and enjoying the passive income.John beams with pride. “That’s the ultimate goal,” he says. “Use mobile homes as your gateway to other real estate opportunities.”39:30 – Top Three HeadachesNo business is without its challenges, and John asks Carl to list his top three.Carl doesn’t hesitate:Contractors: “Finding reliable ones and keeping them busy is always tricky.”Park Managers: “They can make or break your business. The good ones are worth their weight in gold.”Paperwork and Titles: “It’s not glamorous, but getting the documentation right saves so many headaches later.”John nods. “Those headaches never go away—you just get much better at managing them.”44:45 – Evictions Are a Last ResortTo close the interview, John asks how Carl handles difficult tenants. Carl’s answer shows both professionalism and empathy.“I’ve learned to treat evictions as a last resort,” he explains. “Most people don’t want to be late—they’re just struggling. If you communicate and give them a plan, you can usually work things out.”He shares a story about a tenant who lost her job and was two months behind on rent. Instead of evicting her, Carl helped her sell some personal items and set up a payment plan. She eventually caught up and even referred two new tenants to him later.“That’s the human side of this business,” John reflects. “We’re not just dealing in homes—we’re dealing in people’s lives.”Final ThoughtsAs the conversation wraps up, John thanks Carl for his openness and authenticity. What began as a few mobile home flips has grown into a thriving business that funds Carl’s freedom and future.Carl’s story is a reminder that mobile home investing isn’t just about properties—it’s about perseverance. From using student loans to buy his first homes to owning a self-storage facility, his journey shows what’s possible when you combine creativity, consistency, and compassion.“Progress over perfection. That’s the secret to success in this business—and in life.”In conclusion, 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.Mobile home investing should not be exciting, but rather a predictable, safe, rewarding and profitable business. Moving forward when you have any mobile home related questions please never hesitate to comment or reach out to the email below.Love what you do daily,John FedroSupport@mobilehomeinvesting.net

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.

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.Mobile home investing should not be exciting, but rather a predictable, safe, rewarding and profitable business. Moving forward when you have any mobile home related questions please never hesitate to comment or reach out to the email below.Love what you do daily,John FedroSupport@mobilehomeinvesting.netListen to Brian, Mike & John's Mobile Home Podcast here...

Our worst mobile home park manager situation yet!

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 John in 2023. In this short time working together Lyndell has become more confident investing in mobile homes, helping others, investing on his own, and growing a profitable investing business.Lyndell has now transitioned into a full-time mobile home investor.Being a newbie stinks! Lyndell 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. Pro Tip: Once you commit to investing in mobile homes and helping others, don’t quit. Keep going.Use the time markers to fast forward today's podcast.✔️0:00 Overview of Lyndell’s MH story✔️7:00 Overcoming shame✔️12:00 First mobile home flip in a park.✔️16:40 Would you invest in this park again?✔️22:00 Moment that changed your investing.✔️25:00 Lyndell’s biggest mobile home deal?✔️26:00 Don’t over fix a mobile home.✔️28:45 Being embarrassed with a mobile home.✔️29:30 Cockroaches in 2nd deal✔️30:00 Working with a “friend”✔️32:00 Awkward mobile home stories.✔️36:40 Partnership pros and cons.✔️39:00 What’s your next steps?✔️41:00 Stolen property✔️42:40 Neighbor’s WIFI to protect your home✔️45:10 3rd mobile home doublewide✔️48:00 Stress due to mover laziness.✔️54:30 Avoid this error to save yourself stress.✔️100:00 Unexpected about mobile home investing?✔️102:30 Advice for mobile home investors.Overcoming doubts. Gaining more confidence.In today’s podcast video Lyndell plays it very cool and is quite confident as we talk together. This is far from how he acted towards mobile homes 1 year ago. When Lyndell began his mobile home investing career in 2023, he was just as new, unsure, and nervous as everyone else. None of us are born mobile home investors, we all have to learn one way or another.Pro Tip: Serious determination, a very good plan, a phone, a vehicle, the willingness to ask questions, and $3,000-$15,000 of investing capital are the only 6 things needed to get started investing safely.Becoming better is only natural. Becoming more confident and learning more about mobile home than over 98% of other people in your local market is a natural byproduct of being an obsessed mobile home investor. When you are actively saturating yourself with mobile home park managers, sellers, buyers, and other investors daily and weekly you are forced to learn and grow.This is a good thing. Very quickly you will be the local mobile home authority in your market.Start making money, then tell your friends you’re investing.It may be human tendency to get excited about future plans and want to share them with friends. This excitement and the rush of dopamine we get dreaming about the future and preemptively patting-ourselves-on-the-back can be addictive. It is easy to get the rush of happiness explaining to your friends everything you will one day accomplish in the future. In these situations, you are getting all of the praise without any of the work.If you're newer it may be beneficial to begin your investing career without telling your friends or family. The one single employee of your company is you. You are the golden goose, and we need to protect your mental and physical energy. Negativity is a real time and motivation killer. Negativity doesn’t want to see you succeed. Negativity wants to see you fail. Don't let this negative force win.Pro Tip: The person that is going to push you the hardest is reading these words right now. You need to be your #1 cheerleader. Your opinion is the only one that matters.Helping others and helping yourselfEvery 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 FedroSupport@mobilehomeinvesting.net

Mobile home investing leads David to an early retirement from his engineering career. He learned to flip and wholesale mobile homes fast.

Learn from Natalia’s stories so you can make more money faster and help more sellers and buyers this year.

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 Pamm4:00 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, opportunities have a way of finding you more and more. In the beginning of your mobile home investing career the majority of your time and effort should go towards building your reputation, networking, and specific daily and weekly advertising.Mobile home investing should not be thrilling, but rather a predictable and safe business. If you are taking action regularly then you should absolutely have questions about mobile home investing almost daily.Moving forward when you have any mobile home related questions never hesitate to comment or reach out to the email below.Love what you do daily,John FedroSupport@mobilehomeinvesting.net

Mobile Home Formula investor is Helping Mobile Home Sellers and Making Money in DC Area

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, the goalpost keeps moving further and further back. This is normal and a very healthy sign your business is growing. As we accomplish one goal another pops up! Megan is also appreciating where she has come from and the success she currently has.Megan admits to doing bigger and bigger deals that she never dreamed were possible. Achieving her goals is a direct reflection of the time and commitment Megan has put in to learning this business, partnering with the right mentors, and taking daily action even though she is scared at times.Megan has no intention of slowing down anytime soon!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 Lameka1:10 Mobile home investing VS Youtuber2:00 Multi-passionate Entrepreneur2:30 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 Introduction0:45 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 Discrimination24:30 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. Mobile home sellers often times have various and/or complicated issues going on. Depending on the different moving pieces, your purchase offer and/or exit strategy will likely vary.Purchase strategies when…the mobile home has a title problem, then…the mobile home needs to be removed ASAP, then…the mobile home’s lien must be paid off prior to closing, then…you are starting with limited capital, but you still want to close big deals, then…the mobile home park manager does not like you, then…the mobile home needs way more repairs than you are comfortable with, then…the mobile home seller is out-of-state, then…the entire mobile home is in another state, then…the mobile home also includes land and an underlying mortgage, then…it’s the winter months but there seems to be a very good opportunity, then…the mobile home is in a park location you are not familiar with, then…the mobile home neighbors are terrible neighbors, then…the mobile home seller does not need all their money up front may consider payments, then…you temporarily don’t have the knowledge or resources to know what to do, then…Depending on the scenario, have a way to help each seller and never spend any more money than needed.It can absolutely be scary out there for a newer mobile home investor. Aim to educate yourself with websites like this one, and other free blogs, vlogs, and podcasts talking about investing in real estate or flipping mobile homes. Ideally every mobile home question you have should get an answer. Make sure you have people to ask your investing questions too. Each answer you receive may spark additional investing questions too, this is natural and normal. Every answer to your questions makes you a more knowledgeable and self-sufficient mobile home investor.#3 Working with your BFF.Daniel and Ian have been friends since high school, and they are definitely making their business relationship work. When asked about their secret, they both say “communication is a big key”. Do not just communicate about the good things, but also 100% talk about the uncomfortable topics.After 70+ mobile home deals and counting, this best friend partnership has no plans of slowing down or stopping. It is only now they are getting to more complicated deals, multi-deal packages, and tax sales to ramp up their mobile home investing business even more for 2024.Daily questions are normal. Every mobile home seller and situation can be very different. Mobile home investing is very different from traditional house real estate investing. If you are actively investing daily, you should have new questions about mobile home investing, how to strategies, deal reviews, where to start, paperwork, due diligence, and much more.

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 investing1:30 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 people16:15 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 Title33:30 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.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.

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, “Homeruns are awesome, but you make your money in doubles and singles.”Doug is reselling more than 50% of his used mobile homes on monthly payments that are moved to the buyer’s own land. That is right!… Doug is reselling the mobile home and having the buyer pay for the transportation and set up costs to the buyer’s very own land. Land with electric, water, sewer or septic and ready for a manufactured home.Typically, Doug aims to receive all his invested money back Day #1. Remember payment-buyers pay a nonrefundable fee to Move-In that may equal $5000-$10,000 or more depending on the manufactured home and location. Doug then creates a note for another 7 to 10 years of cash flowing payments with interest.Once a mobile home is sold for cash or payments, Doug gives the new buyer 30 days to remove the mobile home at the buyer’s own expense.Doug’s interesting transportation twist: Doug knows that when a mobile home travels down a bumpy road the inside of the home may shift or break. Cosmetic cracks and blemishes develop in the walls, ceiling, and tiles along the mobile home’s journey into its new location.Doug tells every mobile home buyer on his sales lot that these cosmetic cracks and blemishes may develop. If the buyer decides to use a third-party mobile home mover, then the buyer alone will be responsible for any cracks and blemishes. However, if the buyer decides to purchase the moving costs through Doug, he will make sure the mobile home looks the same as it is on the sales lot.How can Doug guarantee he will fix the repairs? Because Doug charges the buyer extra money on top of the moving cost. Example: It may cost $4000 to transport a single wide mobile home with mobile home transport company A. However, purchasing the move through Doug will cost the buyer $4500, however Doug will make sure any cracks that develop because of the move are fixed.Conclusion, most of Doug’s buyers purchased through him because they want the home to look the same.Educating your buyersWhether Doug is selling a manufactured home for all cash or monthly installment payments, he always makes sure to educate each on the location the home is moving to and pulling correct city/county Manufactured Home Moving permits. This is because some municipalities will restrict what type of manufactured homes can be placed within the county or city limits. If a buyer purchases a mobile home that is too old or small for the county, this buyer would be in a difficult and potentially costly situation.Pro Tip: We are here to help others. In situations where good payment-buyers need some help, aim to work with the payment-buyers that work with you. Doug discusses a time where an elderly woman needed help cooling down the mobile home she was purchasing from Doug via monthly payments.Doug instructed this always-on-time payment-buyer to hold off on making the next 2 monthly payments. Use this money to purchase air-conditioning units, Doug instructed. These payments will simply be pushed to the end of the payment plan. This allows for a very win-win solution that makes sense under the circumstances.When it comes to homeowners’ insurance, Doug is a stickler that every one of his payment-buyers buys and maintains mobile home homeowners’ insurance prior to closing. Prior to closing Doug confirms he is listed on the buyer’s insurance policy as Mortgagee and/or Additionally Insured.How Doug started his own dealership?While buying and selling mobile homes Doug met the gentleman that owned the new manufactured home dealership in the right side of the video at the beginning of the podcast below. This gentleman has provided a long-term lease to Doug for the land.Doug gets to rent the land.The landowner gets decent rental money, plus other perks from Doug.In addition, rental income, the landowner receives Doug’s help on a regular basis with other tasks. The landlord gets to pay for and higher Doug’s rehab crew to fix any mobile home repair issues. Also, the landowner gets Doug’s help to sell any used mobile homes the landlord receives through trade-in.The landowner agreed to rent Doug the land because it makes good business sense, and because Doug is a hard worker that is extremely ethical. Treating others right goes a long way in business.Location is important. If possible, aim for your dealer’s lot to be located around other manufactured home dealerships and mobile home sales lots. Ideally this future dealership of yours is also located on a semi-main road in the area with high traffic.Steps to build your own used mobile home dealership.If possible, travel in person to your local county building department. The Building department should be located inside the city office along with the Tax department, Property appraiser department, Code department, and maybe even Permit office.Doug advises you explain your situation to the building department and what you’re looking to do concerning a used mobile home sales lot in the area.You will likely meet some resistance. There are way more people that do not want you to build a mobile home dealership in the area, versus the ones that allow this. Stay persistent! Aim to figure out solutions around temporary obstacles in your way.See your local county Building department.Obtain Fire permit, 911 address, and Mailbox.Figure out your specific utility situation. Is electric needed if a generator can be used? Can utilities be used from a neighboring property like in Doug’s example from today’s podcast? Are water and sewer connections absolutely required? Is an office absolutely needed? What constitutes an office? How much land is required for a dealer’s lot? What type of road construction is required? Obtain three quotes from any electricians, plumbers, septic specialists, paving companies, etc. before signing a contract with a company.Signage. Confirm with the state and local county what is legal. Be proactive to ask questions about size, height, material and distance from the road. Doug’s advice is to make sure to get the names of people that give you permission.Property insurance for the home and liability insurance for the land and people on it.In today’s Mobile Home Investing Lessons Podcast #44, we uncover:0:00 Before the dealership3:00 Learning the mobile home business.8:00 Doing first few dozen deals.10:00 Benefits of a dealer's lot.16:30 Loyal buyers?20:00 Who should start a dealer’s lot?22:00 Renting or buying your land?35:00 Setting correct expectations for buyers.39:00 Steps to building your dealership.54:00 How to end a bad partnership?56:01 Finding great employees.59:00 Know your numbers.

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 deals. Sometimes Caleb purchases the mobile homes, however many times the end-buyer brings the cash money to pay the mobile home seller.I’m very honored and so proud to introduce this North Carolina based active Mobile Home Formula investor, Caleb to the co-hosting microphone. This guy is one of the most easy-going people I’ve met. Listen to Caleb’s story below and tell me if you agree.Caleb is a mobile home investor that stays persistent, puts in some work most days of the week, ask questions regularly, and overcomes most obstacles in his way. Plus, he does this all while raising a son, operating his own mattress store, traveling some, and struggling with all of the normal fears that the rest of us have on a regular basis.We talk about this and so much more on today’s podcast below.Any mobile home related questions please comment below or email me directly at the email provided below.Special thanks to Caleb for coming on today’s podcast! Thanks for giving so much back already and being willing to help investors he’ll likely never meet.Persistence, Ability to follow directions, and Ethics | Mobile Home InvestingIf I had to choose 3 ideal traits that Caleb possesses that makes him a successful mobile home investor, the 3 mobile home investor traits are persistence, the ability to take action when directed, and high ethics to not chase the dollar bills when it comes to burning bridges.Persistence: Caleb could have given up 1,000’s of times. Building a sizable business, from nothing, takes a tremendous amount of persistence overcoming all of the no’s and hurdles.Follow directions: Try not to reinvent the wheel in the beginning, especially if you already have a working wheel. On this website learn how to inspect mobile homes and which mobile home repairs are deal breakers.Ethics: A big mistake many newer manufactured home investors make is not thinking long term. Many investors take shortcuts and burn bridges with sellers, park owners, managers, and more. Whether accidently or on purpose. This is a small investing-world and bad news travels quickly.Caleb’s subniche in mobile home investing, is flipping and wholesaling mobile homes that “must be moved.Caleb’s trick, he never moves them himself.The landowner’s problem: An unwanted mobile home on the landowner’s property. Perhaps this landowner wants to upgrade their current mobile home to a newer model. Perhaps the land was recently purchased or inherited, and the mobile home is simply an unwanted eyesore. Perhaps the mobile home was being rented out by the landowner which also lives in a separate house on the property. Perhaps the landowner is a mobile home park that is looking to remove all of the mobile homes from the 1980s from their community. In all of these situations there is an unwanted mobile home that needs to go.Underground world of mobile home buyers with land: There are a lot of landowners looking to save money on a good-looking used manufactured home. When landowners are looking to buy a mobile home for their land, they may want a two-bedroom or three-bedroom that is safe and looks good. Instead of paying $100,000+ for a new manufactured home, many landowners would prefer to pay you $20,000, $30,000, or $50,000 for a nice used unit. Even $4,500 if the mobile home needs total rehab. All of this is concerning mobile homes that must be removed from these landowners’ land.The problem solver: You. You are the one that can purchase the mobile home and remove the mobile home. Or, like Caleb does, resell the home to a cash buyer that will move the manufactured home to their own land. This way Caleb never moves the home. In over 20+ mobile home flips and mobile home wholesales Caleb has never moved a mobile home himself.This need for sellers to get rid of their unwanted mobile homes that must-be-removed from their land happens across the United States. Every state there are sellers and buyers.It is not a question if these must be removed mobile home sellers exist, it is a question if they will know who you are and how you can help them. Make it easy for mobile home sellers to connect with you.In today’s mobile home investing podcast #43, we cover:0:00 Caleb getting started.2:20 Other real estate experience?3:40 Wholesales only baby!5:00 Who are your buyers?11:20 6 mobiles under contract at once12:10 Money into the deals?16:10 Least and most profitable deals25:40 Hours per week?28:35 Motivation for other mobile home investors30:05 Do the thang!30:33 Working together with John

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 184:10 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 John17:05 Deal #321:25 Finishing the deal for a 10k profit.22:45 Surprises?27:30 Free mobile home!30:00 Buying without looking34:00 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.

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 Negativity6:25 Cash or Cash-flow8:20 5-year goals9:40 Beautiful home quick flip12:00 Hours per week14:00 Building relationships16:15 Outshining the competition.19:00 Switching business roles20:30 The struggle21:40 What made you successful?22:50 All free homes are not good deals.24:45 Working as a couple.27:15 Morning routines for success29:00 Using a calendar29:30 Has investing changed you30:40 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, and leave our buyers happy as well. We want good reviews and good word-of-mouth reputations.The three other most popular methods to create profit with mobile homes are:Some version of wholesaling: Depending on your paperwork the exact process will definitely change. However, this basic strategy revolves around the investor tying the property up under contract for a certain price, and then only making a profit once a buyer is found to pay a higher purchase price. The investor may get paid at closing or before closing depending on the deal.Purchasing and reselling for long-term monthly payments: This method allows you to sell for the most amount of profit possible. Collect a down payment and monthly payments for 5-30 years of monthly payments. The buyer owns the home once the mobile home is paid in full.Buying and adding to land for a profit: This strategy can happen multiple different ways. Things will vary if you mobile home is added to land, where the mobile home and land are purchased together in one package. Things also very depending on who owns the land, and if you are renting the land out, or selling everything, or only selling the mobile home. Mobile homes with land can have very big paydays if the property is sold to a bank financed buyer or all-cash type of buyer.Desiree and Harold’s career is only just beginning. They’re wonderful investors that are so supportive and loving of one another. It would be great to see more investor couples like this.Six FiguresGrowing your business to six figures starts with your very first deal. In the beginning most investors are focused on building a small base of cash. Once $40,000 or $50,000 is reached, many investors feel more confident in holding mobile homes for long-term profits.Healthy mobile home investing business should ideally have a mixture of deals that create quick cash, as well as deals that will keep producing cash flow for years to come.None of this is possible without hard work and regular effort.In today’s podcast episode Harold and Desiree really open up to share how much they’ve changed and grown as investors and as a couple since working with mobile homes and joining the Mobile Home Formula training and partnering program. The credit goes to these two young investors!

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 hate8:10 Time management9:50 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 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 house9:45 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.Sabotaging you in various ways.Lie to potential buyers about your mobile home.Steal your potential buyers that come into the mobile home park office.Deny your potential mobile home buyers for various made-up reasons.Most mobile home park managers are normal and thoughtful individuals that just want their mobile home community to succeed.The mobile home in the pictures above and below is located inside of a spacious mobile home community located in a country setting. The residents are very friendly and there are kids playing in at playground. Everything is wonderful except the mobile home park manager is a jerk.Sam and Verline faced this difficult mobile home park manager and won.Sam, Verline, and John all worked together to get this cash-buyer approved.Hear exactly what happened and how this problem was solved on today’s podcast.Getting your mobile home investing questions solved in real-time.Mobile home investing happens 7 days per week.Although we may plan for time-off and vacations, various real estate needs may pop up unexpectedly. If you have not already done so, join a local real estate investors association, group, or club.Some real estate investing clubs are definitely more educational and have a more advanced network of investors than others. Some groups are strictly through Facebook and online, while other real estate investor groups meet in person weekly or monthly.In a shell? Come on out and network with other real estate investors like you. It’s not weird. Real estate investing is not a lone-wolf activity. At these group meetings find another investor or group of investors that you like. You may likely be the only active mobile home investor there.Pro Tip: Aim to be the newest, poorest, and/or dumbest investor in the group of investors you choose to network and/or hang around with.