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Mobile Home Investing Podcast

Mobile Home Investing Podcast

61 episodes — Page 2 of 2

Ep 11011 Location, Location, Location with John and Vince

In today’s Mobile Home Investing Podcast episode #11 I’m very proud to bring you a co-hosting newbie to our show. In the little time Vince has been an active Mobile Home Formula investor he has amassed quite a portfolio of cash-flowing properties.When Vince started investing mid-2014 he had the goal to generate of enough passive cash-flow to cover his $1,500 rent bill. After quickly breaking that first goal, Vince has bigger plans in store for 2015.Vince is not afraid of hard work, follow through, meeting new people and developing a great word of mouth reputation in his area. With Vince’s dedication, high personal values, and passion for helping sellers and buyers in his market there is little slowing Vince down.Shortly after Vince and I started working together I noticed how analytical he was. Vince became a student of his market, each day we learned more and more about the demands, wants and needs of his local buyers and sellers. In this fashion, Vince breaks down his local market to understand just where his buyers are coming from and what they will pay. Just like we teach in the Mobile Home Formula online training program, once we know what buyers can and will pay, then we can begin to formulate how much to pay each seller.Over the next 18 minutes Vince and I break down the where and why when it comes to marketing your mobile home for sale. Any questions or further explanation you need please comment below.In this show we cover:⭐ Know what buyers will pay before you buy anything.⭐ Stop wasting your time while marketing.⭐ How to advertise to get your phone ringing?⭐ Growing a great word of mouth business.⭐ Buying a mobile home with your end buyer in mind.⭐ Total number of deals closed by Vince after only a few months.⭐ Making sure you keep happy buyers.⭐ and much more!

Mar 27, 202419 min

Ep 10010 Mobile Home Investing inside Senior Parks with John and Paul

In today’s Mobile Home Investing Podcast episode #10, I’m happy to bring you a co-hosting newbie to the microphone. Paul Brecht is here to discuss his first few mobile home deals inside senior parks. Due to Paul’s local hometown of Sarasota, Florida, retirement capital of the South, Paul is exclusively working inside senior mobile home parks. Paul shares with us his method to purchasing homes for FREE, repairing them and splitting the profits with the park.Paul is not afraid of hard work, following through, meeting new people, and proposing Win-Win offers to help park owners. Paul’s purchase offers and relationships with parks came from necessity and clear thinking. As mobile home investors, we are here to help. Paul’s purchasing method of partnering with parks is unorthodox, but he solves seller problems and provides valid Win-Win offers.* solving seller problems is the very heart of real estate investing.*This last sentence really epitomizes what real estate investing is to me; solving seller problems creatively to achieve a Win-Win common goal.Definition: Co-Op or Tenant Owned mobile home park (noun) is a mobile home park with shares or deeds of land ownership within the park. Co-Op parks typically still carry a monthly or yearly maintenance/community fee, however the costs are much lower month as the land is owned by the homeowner and not rented. There is likely a manager, president, or committee of the park that can make decisions and allow you access. These parks may or may not be age restricted communities.Paul’s Brillant Strategy: Partner with parks. Buy current vacant and damaged homes from parks for FREE. Keep homes in place and pay no lot rent until sold. Spend money and time to repair the homes. Sell homes and split the net profits with the park. Repeat as many as possible with multiple parks.Over the course of this 16-minute podcast, Paul and I discuss in detail some of his deals and touch on just what takes place in his business. Any questions or further explanation you need clarification on please comment below.In this show we cover:Working with resident owned park & co-op type parks.Getting started creatively with little money.Taking initiative to create Win-Win purchase offers with sellers and park owners.Listen in on Paul’s past few deals.Why Paul’s only woking in age restricted (55+) communities?What’s a seasonal mobile home park?Paul’s worst deal to date.How Paul buys his mobile homes for FREE?Tips on keeping closing costs low.and more.

Mar 27, 202416 min

Ep 9009 Taking Your Mobile Home Investing Seriously with John and Kenneth

Today on the Mobile Home Investing Podcast we have another great, content filled episode for you. We’re excited to welcome back Kenneth, active and full-time mobile home investor to share his insights on a very important topic of taking your business seriously.Own a business, not a hobby.Being able to help investors nationwide I have come to see average folks perform in above-average ways to accomplish their cash-flow goals. You too have this power and strength in you to succeed. We all have the same hours in the day to get required business things done daily for our businesses to succeed. Use these hours wisely and strategically daily to accomplished great things over short and long periods of time.If others have done something you can too.Once you have clarity on your forward path, get started running!If you have questions, there are answers.Have a support team behind you to help keep you on track and out of trouble.One of the things I love about Kenneth is his passion for helping the local community and making a quality name for himself in the mobile home arena. This word-of-mouth advertising and success does not come without daily effort and a specific game-plan. Over the past 2+ years Kenneth has proven to his market that he has what it takes to become a full-time mobile home investor. If you are someone that has ever suffered from “analysis of paralysis” or owning a luke-warm business, then this episode is made for you.Over the next 14 minutes Ken and I discuss getting started, becoming confident, and treating your business seriously in order to get real results.In this show we cover:Understanding the mobile home affordable-housing opportunityThe investors that ask the most ________ do the most __________.When investments happen.Do some things have to suffer to build a successful business?When is the best time of day to invest?Is this your business or hobby?What is the biggest decision of your business’s life?How many deals until you're comfortable in your marketplace?And more…

Mar 27, 202414 min

Ep 8008 First Mobile Home Deals with John and Juan

In today’s Mobile Home Investing Podcast episode #8 I’m happy to be bringing you a co-hosting newbie to the microphone. Juan's here to discuss his first Mobile Home Formula deal inside a park for cash-flow. Juan will discuss in detail how he was able to purchase and sell this mobile home allowing him to break even after only 3 months of ownership. 3 months to a positive profit!All these manufactured home investing deals have not come from luck or chance. Juan is active in his community and has the clarity of exactly how his mobile home investing business should run and be operated. Before Juan got started with the Mobile Home Formula training system, he knew little about factory-built housing and creating cash-flow with mobile homes in his community.Over the course of this 23-minute podcast Juan and I discuss some of our first deals and touch on just what took place. Some things should be duplicated, and other things should be avoided like the plague.Over the past few years working with Juan, I am happy to call him a friend and someone I know will go far in his real estate investing business. Juan humbly agreed to spend the next 23 minutes with us on this week’s Mobile Home Investing Lessons Podcast describing his mindset and discussing what has made growing his MH investing business profitable, safe, and super-fast.In this show we cover:Purchasing mobile homes subject to the underlying mortgageCreating Win-Win creative purchase dealsCash versus rent credit.Learning what sellers really want to solve problems and buy real estate.Trading real estate?When to put all your chips on the table?Sellers need help for all sorts of reason.Winterizing the home dos and don’ts.When to sell for all-cash versus payments?When to advertise for all-cash versus payments?What to say when sellers ask for an all-cash price?and much more!

Mar 27, 202423 min

Ep 7007 Mobile Home Investing in a New State with John and Stuart

In today’s Mobile Home Investing Podcast episode #7 I’m excited to welcome back to the co-hosting microphone Stuart to discuss how his manufactured home investing business blasted off after getting started. Stuart began mobile home investing immediately after moving to a brand new state, not knowing anyone and without previous knowledge of the market and has since grown his knowledge, cash-flow, and reputation in his local market.Over the course of this episode, John will also chime in with his experience helping other newer mobile home investors while keeping them safe, also moving to a brand-new state (Texas) himself while growing my mobile home investing business across the country.Stuart originally came to learn mobile home investing with the help of the Mobile Home Formula training and without prior real estate experience. He has since gone on to close a number of properties and build a cash-flowing business for himself by helping local manufactured home sellers and buyers.Stuart has the drive, determination, and a willingness to take action to achieve his goals in real estate investing. These few traits to take action, follow directions, and never giving-up are a few of the most crucial personal attributes for your long-term success in any real estate investing niche.Stuart humbly agreed to spend the next 17 minutes with us on this week’s Mobile Home Investing Lessons Podcast describing his mindset and discussing what has made growing his MH investing business profitable, safe, and super-fast.Without further ado… In this show we cover:Where does mobile home investing work?Re-frame your fears into strengths.Fast forward your business and results by strategically catching up to the version of you that has been investing for 12 months already.Understanding your local market with clarity and confidenceMobile home percentages state by state?Knowing your resale market concerning mobile homes and manufactured homes locally.Getting started from scratch.Investing with a full-time job versus having no job at all.Knowing and expanding your circle-of-influence.Close your first deal in 30 days or less with strategic action. Investing is not a hobby; this is your serious cash-flow producing business.Aim for only these repairs for your first few deals.Do this to help make yourself well known in the area?Knowing when investors can help sellers and buyers by creating win-win buy/sell deals. Our 3 levels of sellers.Selling for all-cash versus monthly payments.Mobile homeowners become this?Building your word-of-mouth advertising.What most sellers will sell their home for?Actions speak louder than words.Pulling the trigger and taking action when you create a good/great Win-Win deals.Overcoming obstacles and hurdles with confidence.and much more!

Mar 27, 202417 min

Ep 6006 Best Mobile Home Deals with John and Valerie

In today’s Mobile Home Investing Podcast episode #6 I’m excited to welcome back Val to the microphone to discuss a recent great mobile home deal she completed. Over the course of this episode, I will also chime in with a brilliant mobile home transaction that made a big impression on me as well.These are not the best deals because they made us the most profit. Instead, these are some of the best mobile home deals in our portfolio because they proved to us the possibility of helping others while building our businesses and creating Win-Win deals from scratch. Does this make sense?Val is an active mobile home investor in Pennsylvania that specializes in helping sellers and buyers looking for anything mobile home related. She has successfully positioned herself, through daily effort and specific actions, as the go-to authority in her area over the past 12 months. You too can learn to invest just like Val and others here. Continue learning and asking questions (email or comment below) so that any current confusion you have is replaced with confidence, correct knowledge, and daily actions.Val agreed to spend the next 21 minutes with us on this week’s podcast describing her mindset and discussing what made this past deal so great and how you can aim for the same goal she is consistently hitting.In this show we cover:How to get manufactured home sellers to call you?How quickly can you make profit?Why some mobile home sellers choose to sell?Your resales should take less than a few days to weeks to sell to a low-risk and qualified buyer.How to make your money back in a few weeks or less?Low risk buyers VS. High-risk buyers.You are the golden goose. You must believe in yourself more than anyone else does.How to determine what price monthly you can resell your mobile home inside a park?What words to listen for from your ideal tenant-buyers?How to attract free mobile homes? And other mobile homes way below value.When selling for free monthly payments makes sense.Being realist and not realistic when selling mobile homes inside parks.How to encourage your buyers to make all the needed repairs quickly.Selling on Win-Win price and terms.How to start today by creating your income producing long-term, word-of-mouth investing business?and more!

Mar 27, 202421 min

Ep 5005 Mobile Home Horror Story with John and Stuart

Halloween was nearly over a month ago however in today’s Mobile Home Investing Podcast we have a scary, fun, and content packed lesson for you today. Today’s episode revolves around a big lesson in the mobile home investing world, and it’ s not what you’re thinking it is. I’m excited to welcome Stuart, an active mobile home investor, to share his insights and stories on this very important topic.Stuart originally came to learn mobile home investing with the help of the Mobile home Formula without prior real estate experience and has since gone on to close a number of properties and build a cash-flowing business for himself out of nothing with manufactured homes. Stuart has the drive, determination, and a willingness to take action to achieve his goals in real estate.In the podcast episode below Stuart takes us on a journey into a past horror story during his short but active mobile home investing career. While the story starts one way, it ends with a completely different message. Learn from Stuart’s and how you can avoid these same lessons in your own investing business.Over the next 22 minutes Stuart and I discuss mobile home horror stories and the BIG lesson to learn from our past mistakes. In this show we cover:Stuart discusses a past horror story.The cheapest and most effective way to kill pests?Where most horror stories come from and how to avoid them?Mitigating risks while mobile home investing.Learning from past mistakes.Avoiding the costliest errors.When to deal with an eviction?and more!

Mar 26, 202422 min

Ep 4004 Ruling Your Local Mobile Home Investing Market with John and Ken

Today on the Mobile Home Investing Podcast we have another great, content filled episode for you. We’re excited to welcome Ken Guzman, an active and full-time Mobile Home Formula mobile home investor to share his insights on a very important topic: Ruling your local market as a successful mobile home investor working inside parks and on private land.One of the things I love about Ken is his passion for helping the local community and making a quality name for himself in the mobile home arena. This word-of-mouth advertising and success does not come without daily effort and a specific game-plan. Over the past 2 years Ken has proven to his market that he has what it takes to become a full-time mobile home investor. If you’re someone asking yourself, “How am I going dominate my local mobile home market?” Than this show is for you.Over the next 20 minutes Ken and I discuss ruling your local market and some of what this entails. Without further ado let’s jump right in…In this show we cover:Ken opens up about dominating your local market.Why lot rents are not a bad thing?Working with the 3 different types of sellers you’ll run into.Setting yourself up for success from the beginning.The mindset of a winner!and much more!

Mar 26, 202420 min

Ep 3003 Park Manager Due Diligence with John and Bill

Today on the Mobile Home Investing Lessons Podcast we are excited to welcome back a very active mobile home investor to share his insights on a very important topic: Park management due diligence.Bill Neves is an active Mobile Home Formula investor that loves building incredible returns with mobile homes and helping the local community. Bill has completed over 20 mobile home deals in the past 2 years alone and discusses so recent mobile home park manager stories in this week’s podcast episode. If you’re someone asking yourself, “How am I going to work with local mobile home park managers?” Then this show is for you.Over 17 minutes Bill and I discuss some of the juicy details of his last few deals. Let’s get started…In this show we cover:Bill opens up about working and co-existing with local mobile home park managers.3 types of mobile home park managers you’ll seeHow Bill made a quick $6,500 cash profit?Selling mobile homes for cash versus payments.Why newer folks should stay away from mobile homes with moderate to major repairs needed?Understanding who your buyers are and why.Following the path of least resistance.Making your invested capital back in a few months or less.and much more!

Mar 26, 202416 min

Ep 2002 Caring for Your Mobile Home Buyers and Sellers with John and Val

On this episode of the Mobile Home Investing Podcast I am eager to welcome a guest who has exploded her business in the past few months by making a series of changes in mindset and in daily action.Val is an active Mobile Home Formula investor in Pennsylvania that specializes in helping sellers and buyers looking for anything mobile home related. She has correctly positioned herself as a go-to authority in her area. This correct-positioning did not happen by accident.Val agreed to spend 14 minutes with us on this week’s podcast describing her mindset about “caring for customers” that has allowed her to convert word of mouth advertising into incredible returns with mobile homes.In This show we cover:Val opens up about her past deals.Walking the walk, and talking the talkHow caring for others has made an impact on both our careers?Investing with less anxiety.What to do if you are under-cut by another buyer?People don’t care about what you know, when they see how much you care.and more.

Mar 26, 202413 min

Ep 1001 First Mobile Home Deals with John and Bill

Today on the Mobile Home Investing Podcast episode #1 we are excited to welcome a guess who has more experience in traditional real estate investing than most.Bill is an active Mobile Home Formula investor in Washington state that specializes in building incredible returns with mobile homes and by helping the local community. If you’re someone asking yourself, “What may my first mobile home deal look like?” Then this show is for you.Over 15 minutes Bill and John Fedro discuss some of the juicy details of his first deals.During our podcast launch we dive into some Pro tips Bill and John use on a regular basis. So, without further ado, let’s jump into it! In This show we cover:Bill opens up about his first mobile home deal.How to avoided cleaning the home while selling fast?The art of jumping in.Are senior parks profitable or not?Charging an interest rate to increase revenue.Making your capital back in ___ months or less.and much more!

Mar 26, 202414 min