Rags to Riches w/ Mobile Homes

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BiggerPockets Expo Un-Official Promo Video (Spoof)

Monday, December 19

Fake It Until You Make It

Tuesday, November 15

I wanted to make a quick video addressing the topic of “Faking It Until You make It”. At first I did NOT agree with this Steven Tyler quote but the more and more I looked at it the more benefit I could see from this simple message to fuel each of our own INTERNAL FIRE. I would make one big change though and say “Visualize It Until You Make It” may be more key to your Ultimate Success than you Realize.

The more and more I researched this “Fake It Until You Make It” term online and in group forums the more I saw big named celebrities with HUGE SUCCESSES have used this form of visualization to motivated themselves from FAILURE to SUCCESS!

In the end I personally believe if jumping on one foot each morning gets YOU pumped to go through the day at Full-speed developing your Side Business then start hopping my friend!!

In the video below we also touch on a key factor for my own and others successes with a term called “Motivational Dissatisfaction“. I HIGHLY recommend this technique for you too.

Enjoy,

John Fedro

How to Make $4,000 in Less Than 14 Days with Mushrooms & Mobile Homes

Saturday, August 28

Fast tuning or flipping real estate for a hefty profit has been over glorified in recent years by the main stream media. In recent discussions with over a hundred newbie real estate investors I have learned that “flipping” residential real estate is often times taught to death. Many investors think they know all there is to know about fast-turn investing.

The typical scenario being something to the end effect of:

1. Find a motivated seller of a property with equity

2. Purchase and close on the property

3. Make all necessary repairs

4. Sell property for substantial profit

Below are two examples away from the norm. In both examples mobile homes were purchased and sold; no closing costs paid out, and no repairs were made.

Click here to read full article… http://www.biggerpockets.com/renewsblog/2010/06/11/mobile-home-investing-fast-turned-profits/

- John Fedro

Above is article I wrote for biggerpockets.com (An amazing site for everything real estate!)

Making Money with Mobile Homes for Sale That Must Be Moved

Tuesday, August 24

If you comb through your local online advertisement site, let’s say Craigslist.com you will find at least a half-dozen dozen advertisements for mobile homes that must be sold and "must be moved" in order to buy. These homes offer a great source of inexpensive quality homes for the prepared investor to pick up (minus land) for pennies on the dollar compared to what your competition may be paying.

Why would a mobile home need to be moved before I buy it?

The sellers of the mobile home for sale may or may not own the land under which the home is sitting. If the sellers own the land then it is more than likely he or she is wishing to upgrade to a larger and newer mobile home or perhaps build a more traditional site-built home. The owner’s old manufactured home may need to be removed from its foundation before a new mobile home can be pulled on to the foundation.

The Seller's Problem?

Many (not all) mobile home movers may not transport mobile homes older than 20 years old. Similarily many mobile home parks will not allow 10-20 year old homes to be moved in to their parks. So what can a home owner do with this unwanted mobile home that may or may not need repairs?

The answer is to try and sell their "in-the-way" home to the highest bidder. Unfortunately, many times there are little to zero buyers looking to buy a use mobile home that has to be moved. On average a mobile hoem will cost between three and ten thousand dollars to transport (within town) depending on the size of the home.

Some owners even look to have metal companies pull the home off the land to destory it. Even scrap metal companies charge for this service. So after months and months a motivated seller can turn into a Top Priority seller and want to get rid of the home at any cost.

Many sellers give away their unwanted mobile homes for little to nothing. >>FREE<<

Begin looking for advertisements that read, "Home must be moved" in the body of the description.

Steps to a FREE mobile home (always be on the look-out):

1. Know where you want to move a home once you find one. Line up a park or aquire a piece of vacant land (zoned for a mobile home) to keep your home. If your mobile home does qualify many mobile home parks are giving great insentives to pull a home in. Insentives such as; discounted lot rent, free lot rent, part or 100% of the transport fee paid for, and more. Find a park that will pay for your mobile home to be moved into their park.
2. Find a mobile home for sale and negotiate win-win terms. If this seller is a Top Priority seller they may give the home way free of charge just to be rid of it. Locate a top priority seller and offer to remove it for free.
3. Call local movers in your area. You do not need the best company just the cheapest company that will safely and legally get the home moved (within town) and "Set-Up" (Water, Plumbing and/or Gas connected and leveled). One or more of these connecting services may need to be preformed by a professional. Secure a local mover that understands their company will be paid by the mobile home park.
4. Transport the home and sell for a profit.

Thanks for reading. What where your thoughts on this article?

- John Fedro

Mobile Home Investing: Buy and Hold for Long-Term Profits

Tuesday, August 17

Afternoon action takers,

A few weeks back I began writing a series of mobile home investing how-to articles for Biggerpockets.com (a great site for everything real estate).

The topic of the article series is the “5 Main Ways to Profit Big with Manufactured Homes, Modular Homes and Mobile Homes.” Seems pretty straight forward right? You may be shocked by what you read.

This post can be viewed here. http://www.biggerpockets.com/renewsblog/2010/06/18/mobile-home-investing-aka-the-moolah-maker/

This particular topic "Passive Cash-Flow" is one of my favorites! I give two great examples of buying and holding mobile homes that will make your greed glands swell. It is ridiculous how much passive cash-flow a motivated investor that simply "takes action" and does-it can make in the mobile home business.

If you have never looked into mobile homes as cash COWs; read this article, it will change your life! If you are currently in the investing bueinss you can use a few of th techinques I use to increase you cash-flow, net worth and quality of life.

Enjoy and take action,

- John Fedro

Are You Afraid To Succeed?

Wednesday, August 11

Have you ever thought that you weren’t good enough, smart enough or qualified to start investing profitably in mobile homes, modular home or any other real estate venture? My guess is Yes! We all have had these negative thoughts stopping us in our tracks.

There are countless self-help books and courses that can offer you help to remember that if someone else can become a success (rich) while investing in real estate – YOU CAN TOO!

Take me as an example: Here is where I lay myself on the sacrificial alter for you. With no college degree, no real estate education, no financial help from family or friends, and working 2 jobs; I was able to build a passive cash-flow portfolio of properties in only my first 5 months investing in mobile homes.

Why? Because I’m special? Maybe but probably not.

Did I look like a professional - Haha, I looked sixteen with a pimply face and a broken down car.

Did I possess special skills or qualities? My only attribute of any value back in early 2002 was that I needed to succeed. I didn't just want to succeed I need to! I needed to get out of the rat race, start making more money, earn steady cash-flow, start working for myself and start supporting myself and my family solely on my own!

Anyone Serious About Real Estate

My advice to you is to get a “mobile home investing” education from source a trust and then TAKE ACTION!

We all get scared from time to time but the sucessful push past the fear and take action!

You can always email me for motivation or questions.

Happy Investing,

- John Fedro

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John Fedro

Cash Flow Strategies, llc
Real Estate Investor
Austin, Texas

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http://www.MobileHomeInvesting.net

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BiggerPockets

BiggerPockets Expo Un-Official Promo Video (Spoof)

Fake It Until You Make It

How to Make $4,000 in Less Than 14 Days with Mushrooms & Mobile Homes

Making Money with Mobile Homes for Sale That Must Be Moved

Mobile Home Investing: Buy and Hold for Long-Term Profits

Are You Afraid To Succeed?

John Fedro

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