mobile home investing

Commercial Real Estate

The Importance of Having a Capital Expense Budget when Buying a Property

by Spencer Cullor | August 31, 2011
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One of the biggest mistakes I see investors make when financially evaluating an investment property is that they fail to include a capital expense budget for the property. When acquiring an investment property, it is critical that you have a capital expense budget as well as a recurring replacement reserve factored into the equity you [...]

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Real Estate Interviews

Interview with Real Estate Investor: John Fedro on Mobile Homes

by Joshua Dorkin | June 18, 2011

John Fedro is a mobile home real estate investor and coach. In our interview with John (25:16 minutes), we get into topics such as starting out in mobile homes, why you need to know as many real estate strategies as possible, why “secrets” won’t make or break your business, a day in the life of [...]

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Real Estate Investing

Joint Ventures with Manufactured Home Communities for Profits

by John Fedro | January 22, 2011
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A unique quality to factory built housing is that these homes can simply be swapped out for newer models whenever the owner gets bored of his or her interior surroundings.  This “trading up” to an updated model manufactured home leaves many owners with an extremely undervalued extra home for sale.  Many times these unwanted manufactured [...]

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Real Estate

Homeowners Repair Grants and Loans

by John Fedro | January 15, 2011

Repair grants make it helpful for many Americans to make safety renovations and code compliance improvements to their homesteads.  The federal government along with many local state and county agencies all have operating loan and grant programs available for home owners in need of making some cosmetic or structural repairs to their dwellings.  Like all [...]

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Real Estate Investing

Demand More From Your Properties

by John Fedro | January 8, 2011

Over the past 30 months, really from the beginning of July 2008 in my case I noticed a clear change in the demographic while I am reselling my used manufactured homes.  A big part of my real estate strategy while selling homes is selling them with a required down payment and set monthly payments thereafter [...]

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Real Estate Investing

5 Mobile Homes Pitfalls to Avoid

by John Fedro | December 25, 2010
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Once you have closed a few deals you will find it not necessary most of the time to hire inspectors or contractors to inspect your mobile home properties before you purchase them.  With their simple shapes and what you see is what you get construction, these homes allow for anyone knowing what to look for, [...]

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Real Estate

The Coming Baby-Boomer Mobile Home Wave

by John Fedro | December 13, 2010

As the baby-boomer generation begins to retire, the need for affordable senior housing may be on the rise.  This coming potential wave of senior housing demand can translate into a fortune for anyone ready to see ahead of the coming market.  Chance favors the prepared mind. How might you benefit? Now is the time to [...]

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Real Estate Investing

Finding Your Next Real Estate Deal: How to Prospect & Farm Your Market

by John Fedro | December 4, 2010
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As real estate investors it can often times seem that the hardest part of investing is locating where our next deal will come from. In the early part of my investing career I struggled with how much energy and time to invest into each seller before I would give up on a deal.. Scenario 1: [...]

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Commentary

Frozen by Paralysis of Analysis?

by John Fedro | November 6, 2010
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Have you ever questioned how other people see you?  Almost everyone thinks these thoughts daily on some conscious level.  If you have a fear of speaking to others or simply a lack of confidence then perhaps you should pick a new “Investing Persona.”  Through constant development this has helped me make improvements to my personal [...]

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Real Estate Investing

What if My Tenants Damage My Mobile Home?

by John Fedro | October 29, 2010

One of the top questions I receive about mobile home investing is what if your tenants or payment buyers stop paying you, trash your property, then leave. This article is to help alleviate these preventable worries. Every time I hear this question, it comes from someone who is role-playing in their mind the worst case [...]

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Real Estate Investing

Mobile Home Property Tax Yearly Reassessments

by John Fedro | October 22, 2010
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In most areas of the country annual property taxes are due for nearly all residential property, vacant land, and most private businesses alike, excluding nonprofit organizations, government buildings and other specific organizations. State and local governments have done a respectable job in most areas to make available exemptions to reduce the cost to many in [...]

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Real Estate Investing

Attaching a Mobile Home to Land

by John Fedro | October 21, 2010
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There are many reasons why a mobile home owner would choose to legally join their mobile home with a plot of land.  Think of a mobile home Title and the Deed to a plot of land two separate things? They are! A mobile home that sits on land may still be separate in the eyes [...]

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Real Estate Investing

Mobile Home Myths: Fact or Fiction

by John Fedro | September 12, 2010

Over the past 50 years the mobile home industry has received an undeserved bad-rap.  Similar to listening to the latest Hollywood gossip tabloids, not all mobile home gossip is 100% accurate 100% of the time.  It is important to verify all facts before making unsubstantiated judgments that may write off an entire niche of real estate investing, [...]

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Real Estate Investing

5 Ways to Find Eager Mobile Home Sellers

by John Fedro | August 12, 2010

As real estate investors one of our goals is to be able to attract sellers before or at the exact moment they need to sell.  If you talk to 100 different investors you may get 100 different techniques to find sellers and their properties.  Below are 5 great techniques that are actually working in today’s [...]

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Real Estate Investing

Rapid Mobile Home Closings

by John Fedro | July 23, 2010
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A common question I am asked is what steps are needed to complete an accurate closing on a mobile home on rented land inside a mobile home park.  The answer is surprisingly simple by real estate standards.  Mobile homes within parks may offer the single easiest form of real estate acquisition for cash-flow seekers. Concerning [...]

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