Looking to find mobile deals out of state? If you want the process to go smoothly and the investment to be worthwhile, take these items into consideration.
Browsing: mobile home cash flow
Investing in mobile homes can be highly profitable — or a major financial mistake. Make SMART investing decisions by avoiding these mistakes!
Over the last few years I’ve been trying to keep track of the responses received when strangers or new people learn that I am an active mobile home investor. Below is a list of the most popular things people say when I tell them, I am a mobile home investor.
In this article, we will discuss the importance of understanding your local mobile home market, local buyers, and local sellers. By the end of the short list below you should have a much better understanding of your plan and mindset moving forward into the fall and winter months while investing in mobile homes and manufactured homes inside parks in the US.
There are likely going to be passionate investors on both sides of the fence supporting or condemning the idea of keeping a seller inside of his or her property after you have bought it. This is mentioned because it is important to remember that you always have free will. Ultimately the choice will be yours when you are presented with the situation, do you keep a seller inside their property after it sold to get the deal done? Do you agree to let them stay or demand the property be vacant as soon as you pay them for their home?
We all have learned to not judge a book by its cover, however people make snap subconscious decisions based on your outward appearance and the clothes you wear all time. While there are many reasons a mobile home seller may not choose to do business with us, let’s not have our wardrobe choices be one of these reasons.
Below are three examples of when being 100% honest with people has come back to bite me in the behind. I am happy to say that none of these events were fatal to my business however I wish I had known about them prior to making these silly mistakes.
Most investors that buy, hold and/or resell mobile homes typically will do so concerning mobile homes on owner-occupied land or inside of a preexisting mobile home park with rented land. In this article we will be discussing the latter type of mobile home.
What a great business it is to own a mobile home park. You own land…