Category: taking a mobile home back

As a mobile home investor being in this business for over a decade, it’s unfortunate when I have to take a mobile home back. Though, I’ve come to realize it’s all a part of the business. So what do you exactly do when your renter or buyer stops paying? Talk to your residents Depending on…
Read more

(Note: If you’ve read any of my books, you’ll notice I usually include a “Lessons Learned” section. So, I’ve decided to include it here as a new blog post series. Thanks for reading!) When I first started out in mobile home investing, I knew about taking mobile homes back. Though it happens (even to the…
Read more

(Note: I’ve decided to start this new series, “Mobile Home 101” to highlight some of the important aspects of mobile homes in general). Hi all! Hope you’re all doing well. Been pretty busy lately managing contractors getting another one ready for the market. Plus, trying to get all my shopping done in time for the…
Read more

(Note: I’ve decided to start this new series, “Mobile Home 101” to highlight some of the important aspects of mobile homes in general). Hi all! It’s been pretty crazy lately. All I can say is that it’s been non-stop work. I just closed on another one recently. This one is a 2000, 3 bedroom, 2…
Read more

In this business, there are times when you will have to take a mobile home back. It’s just part of being in this business – not everything always goes according to plan. But, why? Check out the video to find out more, thanks for watching! ) Video Link p.s. Feel free to leave comments on…
Read more

In last week’s post , I talked about having the long term (quality over quantity) in mind (versus the short term) when doing Lonnie deals. As an example, here is a home (see pic above) that I recently had to take back. It’s in a well established, high end park with very strict qualifications –…
Read more

“If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes.” – Warren Buffett When it comes to investing in mobile homes (aka Lonnie deals), this is exactly how I feel. Why? I’ve mentioned in prior posts that I only work well established, high end parks now due to…
Read more