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Done Deal: 3/2 Singlewide Mobile Home In a Park
(Note: Since I’ve received a lot of requests for more case studies, I thought I’d make a post on another one. Enjoy!)
For this deal, the sellers had actually found me via word of mouth. The good thing was this home was in pretty good condition, just a few cosmetic issues. However, the bad thing was this home was in the wrong park - the same exact park as my $2000 Nightmare. So, what to do?
Going in, I already knew my exit strategy. Should the home be in good condition and we are able Read more [...]
Terminology Tuesday (Tricks of the Trade) – How to Drain a Hot Water Heater
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
**** Tricks of the Trade is a new series I have started that will be included with "Terminology Tuesday" posts. The goal of this series is to share Read more [...]
Investing 101: My Final Words on the SAFE Act
Image Credit: ClipartHeaven
Recently, I've been receiving a lot of inquiries from folks regarding the SAFE Act and its implications on doing "Lonnie" deals. So, I've decided to do an "Investing 101" type post to address the issue.
(Note: For those who missed it, feel free to check out my prior posts about the Act made awhile back).
Regarding the SAFE Act and its implications on doing "Lonnie" deals, here's my personal take on the subject.
(Note: Again, this is commentary only. This post Read more [...]
Mobile Home 101: Taking a Mobile Home Back (Before Video Walk-Thru)
(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 bath, 16x80 home (my favorite!). Here's a pic:
(Note: I'll probably do a video or write-up on it down the road).
In any case, I decided to put together another mobile home walk-thru type Read more [...]
Terminology Tuesday (Tricks of the Trade) – Clearing Up a Lot
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
**** Tricks of the Trade is a new series I have started that will be included with "Terminology Tuesday" posts. The goal of this series is to share Read more [...]
Investing 101: Taking a Mobile Home Back
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 any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!
Read more [...]
Terminology Tuesday (Tricks of the Trade) – Flashing for Front Stairs
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
**** Tricks of the Trade is a new series I have started that will be included with "Terminology Tuesday" posts. The goal of this series is to share Read more [...]
Done Deal: 4/2 Singlewide Mobile Home In a Park
(Note: Since I’ve received a lot of requests for more case studies, I thought I’d make a post on another one. Enjoy!)
The sellers had actually found me on this one via a friend. When I first talked with them, the sellers told me the home had been vacant for over 6 months. They had met with a few people who seemed interested in the home but told me they didn't get anyone they thought was serious about buying. So, I made an appointment to check out the home.
As it turns out, the home Read more [...]
Terminology Tuesday (Tricks of the Trade) – Dollar Stores
(Note: I think it's important to know the terminology and words used when learning any new business including mobile home investing. I came up with 'Terminology Tuesday' as a way to go over the terminology used in the mobile home business. It's important to know the terminology when talking to people in the business so you're all on the same page).
**** Tricks of the Trade is a new series I have started that will be included with "Terminology Tuesday" posts. The goal of this series is to share Read more [...]
What I’ve Been Up To: Back to Work
With the summer winding down it's time to get back to work. Personally I had a great summer break. Check out the video to find out more, thanks for watching!
Video Link
Here are the links mentioned in the video:
Book Info
REIClub Author Profile
p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!
Read more [...]
