Blog

Stories and adventures about my experience investing in mobile homes.

Latest "Lonnie" Deal

Well folks, here’s my latest “Lonnie” deal. I had no idea this thing would go through. Actually, I was on my way to see a home out on a piece of land before going out to see this one. Turned out, the home on land didn’t work out – the lady told me someone else…
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Bank REOs

With the end of the year approaching, my new angle is to work the bank REOs in addition to working with individual sellers. Surprisingly, the banks have been more than helpful. Personally, I was a little apprehensive working with the banks as I’ve heard they are hard to deal with and have been unresponsive to…
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3 Plans

I’ve been re-reading pretty much all of Kiyosaki’s books lately. I just finished “Cash Flow Quadrant” and now I’m on to “Guide to Investing.” It’s made me re-think the 3 plans for financial core value choices rich dad and Kiyosaki mention. The plans are: 1. To be secure. 2. To be comfortable. 3. To be…
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Pacific Heights

I saw the movie, “Pacific Heights,” again. This is known as the movie to watch if you ever decide to be a landlord. Basically, it’s a landlord’s worst nightmare – having the worst possible tenant. Landlord beware. It’s funny b/c some people think the things that happen in the movie are ridiculous but being in…
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Rich Dad, Poor Dad

After years of investing, I decided to read “Rich Dad, Poor Dad” once again. It’s always interesting reading something again. This time around, a lot of what was said made more sense to me than the first time around. Here are a few things that stuck out: “The rich buy assets. The poor only have…
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Estates & Foreclosures

Just recently, I was very close to buying a mobile home in an estate. So, what was the problem? Too many people involved. I remember an old saying, “The more people involved in a transaction, the longer it takes.” This phrase rings so true. In this situation, there were 3 sisters involved each of them…
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Just Do It

“Just do it.” Ever heard this slogan made famous by Nike? It rings so true. When it comes down to it, what differentiates successful people from everyone else is taking action. Yes, mistakes will be made. But, we should not be so afraid to make mistakes that it will stop us. Taking action and doing…
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Sea Container Homes!

Wow, check this video out – it’s crazy. They are making homes and buildings out of the sea containers that are used for storage when shipping things. Pretty fancy stuff!

Baby Steps

I’ve been asked the question about “how to get started” time and time again by many people wanting to get into investing. In all honesty, what separates the people who are successful from the rest is taking action. Yes, education is important. But, you can only learn so much. Most of the stuff I have…
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Knowledge is Power

“Knowledge is power.” This phrase rings so true. I feel the need to comment on it because I had a situation with a prospective buyer where I had to use my knowledge to help them make an informed decision. Basically, this buyer really liked the home but was a bit concerned about the structure of…
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