It is an honor for me to have the podium to help others with my victories, as well as my challenges. This is a story of both. I have told The Story of My 1st Deal on Land many times to friends, family members, and on stage however I rarely go into the detail as I have below. Please enjoy the story of my very first dollar in real estate.
Author John Fedro
What was discovered was during our grade school years we were all subjected to negative stigmas and perceived outlooks when it comes to mobile homes. Like many other misguided lessons we were directly taught or came to learn through osmosis in school or a home your mobile home outlook has likely been corrupted all these years.
“Am I able to purchase a mobile home that needs repairs and resell the home for a profit without making any of the repairs on the home before reselling?” The short answer is Yes, however let us dive deep into this question/answer to find out why this is and how value is created with regards to mobile homes.
Today we’re going to discuss how one aspect of park life can help you build much more credibility and word of mouth appreciation between yourself and local residence, park owners, and park managers. This post is written with the intention for mainly helping individual investors buying, holding, and selling individual mobile homes inside these pre-established mobile home parks.
Some of these mistakes have cost me wasted time, wasted money, loss of a potential investment home, and even losing a very good friend by mixing business and friendship. All this I can learn and bounce back from. What I can not live with is if my actions caused anyone else to suffer or be hurt due to my negligence. This holiday season remember the advice below as we cover some very important home tragedy prevention tips.
In today’s post we’ll be discussing 3 of the biggest FAILS in real estate history, in no particular order.
Mobile homes and manufactured homes offer investors a great deal of flexibility and affordability when it comes to generating profits and creating value between buyers and seller. In this week’s article we will be focusing on some of the benefits to touring your city’s local manufactured home builders, dealer showrooms, and mobile home repossession lots.
Over the past decade investing in real estate I realized my strengths and weaknesses as a real estate investor, and as a human being in general. Below is a list of the biggest 5 positive triggers I’ve set for myself.
80% of sales are made between the fifth and twelfth contact with a seller. Additionally, 48% of sales people will never follow up with a client. This article will discuss just a few of the ideas to consider when calling sellers back…
After purchasing a mobile home inside a park your next major goal is to sell, rent, or fill this home with a low-risk resident to begin creating cash flow from 1.) monthly payments or 2.) an all-cash profit from a quick all-cash sale. What else may you want to do after closing?
Welcome back, Three weeks ago I was out of the state looking at some investment property to purchase, a mobile…
Welcome back, It almost never fails that any mobile home community you go to will request that you “fill out…
Welcome back, In today’s article we’ll explore a small list of some surprising facts about mobile homes and manufactured homes…