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In this decade of time working together Jose has become way more confident investing in mobile homes, helping others, investing on his own, and growing a sizable, manufactured home cash-flowing business.

Podcast 62: Steve’s Mobile Home Investing Success – 9 Mobile Homes in 13 Months Welcome back, In today’s Mobile Home Investing Lesson podcast #62 we are talking to active Mobile Home Formula investor Steve. Back in 2024 Steve started mobile home investing in the great state of Louisiana, Mississippi, and Florida. Since partnering with John and the Mobile Home formula Steve has been able to buy and sell 9 mobile homes in his first 13 months investing in mobile homes. When most people think about real estate investing, they picture single-family houses, apartment buildings, or commercial properties. Very few investors immediately think about mobile homes. However, for investor Steve, mobile homes have become an incredible source of income and opportunity. Recently, I sat down with Steve to discuss his journey investing in used mobile homes and how he has successfully bought and sold nine mobile homes in just thirteen months. Throughout the conversation, Steve shared lessons learned, challenges overcome, and strategies that have helped him build a profitable mobile home investing business. From Beginner to Nine Deals in Thirteen Months At the beginning of the interview, Steve explained that he has completed nine mobile home deals in just over a year. While many new investors spend months analyzing opportunities without taking action, Steve focused on learning the business and consistently moving forward. Like most successful investors, Steve’s confidence did not come overnight. Every deal taught him valuable lessons that improved his systems and decision-making. Steve’s First Mobile Home FlipAround the three-minute mark, Steve discussed his very first mobile home flip. Like many beginners, there were plenty of unknowns and challenges. However, the first deal proved that mobile homes could provide real profits without requiring huge amounts of capital. Many investors are surprised to learn that mobile homes often require far less money to purchase than traditional real estate. This lower barrier to entry allows new investors to gain valuable experience while reducing risk. Steve’s first deal gave him the confidence to pursue additional opportunities and continue growing his business. Finding Opportunity in “Must Be Moved” Homes One of the most interesting topics discussed was investing in mobile homes that must be moved from their current location. These situations often arise when a landowner wants a property cleared, a lease is ending, or a homeowner can no longer keep the home where it currently sits. While many investors avoid these opportunities because moving a home can seem intimidating, Steve has found significant profits in these deals. Because fewer buyers are willing to take on the challenge of relocation, investors can often purchase these homes at deeply discounted prices. With proper planning and reliable movers, these deals can become highly profitable. Creating Value by Dividing Land Another unique strategy Steve shared involved dividing a single lot into two separate parcels. Creative solutions like this can unlock additional value from a property and create opportunities that may not be obvious at first glance. Rather than simply buying and selling a property as-is, successful investors look for ways to improve the property’s usability and overall value. This type of creative thinking often separates experienced investors from those who struggle to find profitable deals. The Importance of Moving Homes on Time One lesson Steve emphasized was the importance of making sure a mobile home gets moved on schedule. When a mobile home must be relocated, deadlines matter. Delays can create additional costs, upset property owners, and jeopardize deals altogether. Steve discussed the importance of maintaining strong communication with movers, property owners, and buyers throughout the process. Proper planning and follow-up can prevent many problems before they occur. Mobile Homes Aren’t “Sexy”- And That’s an Advantage One of the most memorable comments from the interview came when Steve stated that mobile homes aren’t sexy. He’s absolutely right. Many investors chase trendy investments or highly competitive markets. Mobile homes often receive less attention despite offering excellent opportunities for cash flow and profits. Because fewer investors are actively pursuing mobile home deals, there is often less competition. This can allow investors to negotiate better prices and find opportunities that others completely overlook. Sometimes the best investments are the ones most people ignore. Building a Reliable Team As Steve’s business has grown, he has developed a network of trusted professionals who help him complete deals efficiently. One example discussed was having reliable handyman referrals available when repairs are needed. Having trustworthy contractors and service providers can save both time and money. At the same time, Steve shared an important warning for investors: don’t accept vague promises or unclear commitments from contractors. Successful investors verify expectations, create clear agreements, and ensure everyone understands exactly what work will be completed. Clear communication helps avoid costly misunderstandings and project delays. Flipping Mobile Homes Inside ParksA significant portion of Steve’s business involves buying and selling mobile homes located inside mobile home parks. These deals can often move quickly because the infrastructure is already in place and buyers appreciate the affordability that park living can provide. Steve explained that understanding park rules, approval requirements, and management expectations is critical to success. Investors who build positive relationships with park management often create smoother transactions and better long-term opportunities. Handling Difficult Park Managers Of course, not every park manager is easy to work with. Steve shared his experience dealing with an unfriendly park manager and how professionalism helped him navigate the situation. Rather than creating conflict, he focused on communication, patience, and finding mutually beneficial solutions. This approach often produces better results than confrontation and helps investors maintain their reputation within the community. Buying Subject-To Existing Mortgages Another advanced strategy discussed during the interview was purchasing properties subject-to existing mortgages. This technique can create opportunities when sellers need relief from a property but may not have significant equity available. While subject-to transactions require education and careful execution, they can become valuable tools for experienced investors. Steve’s willingness to learn multiple investing strategies has helped him uncover opportunities that many others would miss. The Value of Working Together Toward the end of the conversation, Steve discussed working together with John and the importance of learning from experienced investors. One of the fastest ways to shorten the learning curve is by surrounding yourself with people who have already achieved the results you want. Mentorship, networking, and collaboration can help investors avoid costly mistakes while accelerating growth. Steve’s journey from beginner to completing nine mobile home deals in thirteen months demonstrates what is possible with persistence, education, and consistent action. For anyone considering mobile home investing, Steve’s story serves as a reminder that profitable opportunities exist in mobile home parks, homes that must be moved, and properties attached to private land. Success often comes to those willing to look where others aren’t looking. Love what you do daily, John Fedro [email protected]

Welcome back, In today’s Mobile Home Investing Lessened podcast #61 we are talking to active Mobile Home Formula investor Jacob. In 2025 Jacob started mobile home investing in the great state of Louisiana. Since partnering with John and the Mobile Home formula Jacob has been able to buy and sell 18 mobile homes in his first 12 months investing in mobile homes. In this short year working together Jacob has become more confident investing in mobile homes, knowing how to help mobile home buyers and sellers, and has even transitioned into a full-time mobile home investor. Jacob is now investing full-time in mobile homes. Pro Tip: Mobile home investing is not for the weak. Investing in mobile homes, also known as manufactured housing, has become an increasingly attractive option for real estate investors seeking an affordable entry points and strong cash flow opportunities. This niche within the housing market offers a variety of benefits that make it especially appealing to both new and experienced investors. Mobile homes also tend to serve a high-demand market. Affordable housing is increasingly scarce, and many individuals and families rely on manufactured homes as a cost-effective living solution. This creates a steady pool of cash buyers and payment buyers. Strong cash flow potential, over $400 per mobile home monthly, is the goal. Since the upfront investment is low, the return on investment (ROI) can be significantly higher than traditional rental properties. This makes mobile homes particularly appealing for investors focused on generating consistent income rather than long-term appreciation. One of the most compelling advantages of mobile home investing is the low cost of entry. Unlike traditional houses, which often requires significant capital or financing, mobile homes can frequently be purchased at a fraction of the price. This allows investors to get started with less money and lower financial risk. Mobile homes also serve a needed demand for affordable housing. As housing costs continue to rise across the country, more individuals and families are turning to manufactured homes as a practical and affordable living solution. This creates a steady and often underserved market of buyers and renters. For investors, this demand translates into fewer vacancies and a consistent pool of interested prospects. Flexibility is another key advantage of mobile home investing. Investors can choose from a variety of strategies, including buying and selling homes for a cash profit, renting units for monthly cash flow, wholesaling, or offering seller financing to create even greater passive income streams. Mobile home investing also typically involves simpler transactions and faster turnaround times. Since the lower price points and often less complex financing, deals can be completed more quickly than traditional real estate purchases. No bank. No 3rd party underwriters. No title companies. This allows investors to scale their business more efficiently and reinvest profits into additional affordable mobile homes. Another positive aspect is the ability to add value through improvements. Many mobile homes can be enhanced with relatively low-cost upgrades such as new flooring, fresh paint, or minor repairs. These improvements can significantly increase the home’s appeal and resale value, allowing investors to boost profits without large renovation budgets. Finally, mobile home investing provides an opportunity to make a meaningful impact by offering affordable housing options. Mobile home investors play an important role in improving the quality and availability of housing for individuals and families who may not have access to traditional homeownership. This creates not only financial rewards but also a real sense of contribution to the community. We always aim for win-win-win transactions. In conclusion, mobile home investing offers a range of positive benefits, including low entry costs, strong cash flow potential, high demand, flexibility, and the ability to scale quickly. For investors seeking a practical and profitable real estate strategy, mobile homes present a compelling and accessible opportunity. With the right approach, mobile home investing can be a highly profitable addition to a real estate portfolio. Love what you do daily, John Fedro [email protected]

In today’s Mobile Home Investing Lessons podcast #60 we are talking to active Mobile Home Formula investor, Chris. Chris has been mobile home investing in the great state of Tennessee since beginning working with John in 2023. Chris has now transitioned into a full-time mobile home investor.

Ray started his mobile home flipping journey with only $15,000 and investing part-time was able to flip 10 mobile homes in 10 months with the help of his hard work and the Mobile Home Formula's training. Ray’s journey into mobile home investing may look fast from the outside, but it’s built on years of entrepreneurial thinking, disciplined learning, and a willingness to work for every deal. In just over 10 months of working alongside his mentor, John, Ray has bought and sold 10 mobile homes, one per month, while helping local mobile home parks, buyers, and sellers along the way.

Welcome back, In today’s Mobile Home Investing Lessons podcast #58 we are talking to active Mobile Home Formula investor, Carl. In a couple short years, Carl has been able to cash-flow individual mobile homes to quit his full-time pharmacy job. Selling a mobile home on payments = Down Payment + Monthly payments for over 60 months. In this short time working together Darryl has become more confident investing in mobile homes, helping others, investing on his own, and growing a profitable investing business. Carl has now transitioned away from his pharmacy career into a full-time mobile home investor and mobile home park investor. His wife is the next one to quit her career. A special thank you to all the guest of this podcast. They will help more people than they know. 0:00 Carl’s Mobile Home Journey Begins John opens the interview with a question every investor can relate to: “How did this all start for you?” Carl smiles and admits that just a few years ago, he didn’t even know what a mobile home title looked like. He had been looking for a side hustle that could eventually replace his 9-to-5, and when he stumbled across John’s videos on YouTube, something clicked. “I didn’t have a ton of money or a fancy background,” Carl says. “But I knew I wanted something that gave me control of my time. Mobile homes felt like a way in.” Carl took John’s course, learned how to analyze deals, talk to park managers, and build relationships with sellers. Within a few months, he was knocking on doors, visiting parks, and taking small but steady action. 3:40 – The Emotional Rollercoaster of the First Few Deals When John asks what those early days were like emotionally, Carl laughs. “I almost quit after my first deal,” he admits. That first transaction was a whirlwind of excitement and stress. The seller backed out twice, the buyer’s financing fell through, and Carl spent nights wondering if he had made a huge mistake. But when the deal finally closed—and he walked away with a large profit—something shifted. “It wasn’t just about the money,” he explains. “It was about proving to myself that I could actually do it.” John nods knowingly. “Every investor remembers that moment when it stops being theory and becomes real.” Use the time markers below to fast forward the podcast above.✔️0:00 Carl’s mobile home journey✔️3:40 Emotional first few deals✔️4:50 Student loans to fund business✔️7:50 Second round of funding✔️13:00 Bigger and bigger deals✔️16:30 Smaller deals VS Bigger deals✔️22:40 4 deals per month✔️30:30 Progress not perfection✔️33:50 Owning self-storage✔️39:30 Top 3 headaches✔️44:45 Evictions are last resort 4:50 – Using Student Loans to Fund His Business One of the most surprising parts of the conversation comes when Carl shares how he initially funded his business. “I actually used my student loans,” he says. “I had some leftover funds from college, and instead of spending them on something temporary, I decided to invest them in something that could grow.” John chuckles but also commends Carl for his resourcefulness. “That’s what separates successful investors,” he says. “They find ways to get started, even if it’s unconventional.” Carl emphasizes that it wasn’t about taking reckless risks—it was about believing in himself and betting on his education. 7:50 The Second Round of Funding After closing a few early deals and reinvesting the profits, Carl hit a wall: he needed more capital to scale. Rather than stopping, he got creative again. “I built a small track record—three successful deals,” he explains. “Then I reached out to friends and family who trusted me and showed them the numbers.” That “second round” of funding allowed him to buy multiple homes at once and renovate them simultaneously. “That’s when I realized this could be more than just a side hustle,” Carl says. John highlights this as a key teaching moment: “You didn’t wait until you were rich to start—you started, and that’s what made you rich.” 13:00 Bigger and Bigger Deals With experience came confidence—and bigger opportunities. Carl started buying double-wides, land-home packages, and homes inside 55+ communities. “The profits were bigger, but so were the challenges,” he notes. “It forced me to think more like a business owner instead of just a hustler.” John points out that this is a natural evolution many investors face: “As you grow, the size of your problems grows, too—but so does your capacity to solve them.” 16:30 – Smaller Deals vs. Bigger Deals The discussion turns to strategy. Should investors chase big deals or stack smaller ones? Carl’s answer is balanced. “I still love the smaller deals,” he says. “They’re quick, simple, and low-risk. But the bigger ones let you scale faster and build credibility.” John agrees, reminding listeners that both have their place. “The small wins pay your bills. The big wins change your future.” 22:40 – Four Deals Per Month At this point, Carl reveals he’s now consistently doing about four deals a month—a mix of flips and notes. “It didn’t happen overnight,” he says. “It’s just systems, relationships, and consistency. I spend most of my time now on follow-ups and referrals.” John highlights this milestone as a testament to momentum. “You’re proof that steady effort compounds. One deal a month becomes two, then three, then four.” 30:30 – Progress, Not Perfection When asked what advice he’d give new investors, Carl doesn’t hesitate: “Don’t wait until everything’s perfect. Just start.” He admits he made plenty of mistakes early on—underestimating repair costs, trusting the wrong contractors, and overpromising to buyers—but those experiences became his best teachers. John reinforces this mindset: “You can’t steer a parked car. Movement creates clarity.” 33:50 – Owning Self-Storage The conversation takes an exciting turn when Carl shares his latest project: owning a self-storage facility. “I never thought mobile home investing would lead to this,” he says. “But the principles are the same—buy under value, improve the asset, and create cash flow.” Carl used profits from his mobile home business to purchase the small storage property. Now he’s diversifying his portfolio and enjoying the passive income. John beams with pride. “That’s the ultimate goal,” he says. “Use mobile homes as your gateway to other real estate opportunities.” 39:30 – Top Three Headaches No business is without its challenges, and John asks Carl to list his top three. Carl doesn’t hesitate: Contractors: “Finding reliable ones and keeping them busy is always tricky.”Park Managers: “They can make or break your business. The good ones are worth their weight in gold.”Paperwork and Titles: “It’s not glamorous, but getting the documentation right saves so many headaches later.” John nods. “Those headaches never go away—you just get much better at managing them.” 44:45 – Evictions Are a Last Resort To close the interview, John asks how Carl handles difficult tenants. Carl’s answer shows both professionalism and empathy. “I’ve learned to treat evictions as a last resort,” he explains. “Most people don’t want to be late—they’re just struggling. If you communicate and give them a plan, you can usually work things out.” He shares a story about a tenant who lost her job and was two months behind on rent. Instead of evicting her, Carl helped her sell some personal items and set up a payment plan. She eventually caught up and even referred two new tenants to him later. “That’s the human side of this business,” John reflects. “We’re not just dealing in homes—we’re dealing in people’s lives.” Final Thoughts As the conversation wraps up, John thanks Carl for his openness and authenticity. What began as a few mobile home flips has grown into a thriving business that funds Carl’s freedom and future. Carl’s story is a reminder that mobile home investing isn’t just about properties—it’s about perseverance. From using student loans to buy his first homes to owning a self-storage facility, his journey shows what’s possible when you combine creativity, consistency, and compassion. “Progress over perfection. That’s the secret to success in this business—and in life.” In conclusion, mobile home deals rarely fall into our lap without regular work and effort. Expect to work harder for yourself than you do for someone else. Mobile home investing should not be exciting, but rather a predictable, safe, rewarding and profitable business. Moving forward when you have any mobile home related questions please never hesitate to comment or reach out to the email below. Love what you do daily, John Fedro [email protected]

In today’s Mobile Home Investing Lessons podcast #57 we are talking to active Mobile Home Formula investor, Darryl. Darrly has been mobile home investing in the great states of Delaware and Maryland since beginning working with John in 2022. In this short time working together Darryl has become more confident investing in mobile homes, helping others, investing on his own, and growing a profitable investing business. Darryl has now transitioned into a full-time mobile home investor.

Welcome back, In today’s Mobile Home Investing Lessened podcast #56 we are talking to active Mobile Home Formula investors, Michael and Brian. Brian and Mike live and work full-time jobs in Manhattan, and commute to their mobile home investments out-of-state. These 2 guys have been mobile home investing in New Jersey, Pennsylvania, and Maryland since beginning working with John in 2024. In this short time working together these two investors have closed 7+ mobile home flips for 5-figure paydays. In addition to making money Michael and Brian are learning every step of the way. All this while actually helping local mobile home buyers, mobile home sellers, and mobile home park managers. These two investors are even working directly with and helping local mobile home park owners to fix and fill the park's unwanted vacant mobile homes. Use the time markers below to fast forward the podcast. 0:00 Intro 0:30 Before mobile homes 4:10 Easy or Hard 5:00 Deals complete 6:10 Problems to overcome 8:00 Park manager pro tip 9:45 Pushing past the no 10:30 How has your marketing changed? 12:10 Investing out of state 15:10 Hours per week? 15:50 First deal stress 19:40 Have you ever wanted to quit? 21:50 Win-Win deals 24:00 2nd deal story 31:10 Working with a partner 32:40 Corporate VS mom and pop 35:45 Advice for your former selves Pushing past the few negative park managers to talk directly with park owners Brian and Michael do not give up easy. When a door is closed in front of them, they look for a way in through the window. This is no more evident than when a local park manager told them that they were not able to purchase a used mobile home from a seller in the park that was being evicted. These two investors use the LinkedIn, the white pages, and skip tracing tools to track down the mobile home parks regional manager to talk directly with the person in charge. The regional manager welcomed these two investors with open arms. When you know you have a very good deal in front of you, definitely push hard to make it happen. Where there is a will, there usually is a way. Sacrificing the time needed The time definitely has to come from somewhere. Even if you plan to invest remotely out of state or only focus on wholesaling mobile homes to start, aim to have at least 15 hours set aside per week. Five of the hours can be at night, but the rest need to be during the daytime any day of the week or weekend. Building a safe and thriving business does not happen by accident. It does not happen without focus and weekly commitment. Again, 15 hours a week at minimum. If you have more hours or many more hours than that, then they will definitely be used while you are building your business for the first six months or more. After that more things can be outsourced and delegated out. Getting paid to learn Michael and Brian mentioned this in today’s podcast. They are making money while they are learning to invest in real estate and mobile homes. Brian and Michael are buying mobile homes through tax deed sales, mobile home park managers, online advertising, offline advertising, and more. Besides the monetary gains these guys are making, they are also learning a great deal about people’s skills and dealing with buyers, sellers, managers of communities, handyman, contractors, and more people that we run into on a day-to-day business. If you have not invested in real estate before, be prepared to improve and grow as a person. Mobile home deals rarely fall into our lap without regular work and effort. Expect to work harder for yourself than you do for someone else. Mobile home investing should not be exciting, but rather a predictable, safe, rewarding and profitable business. Moving forward when you have any mobile home related questions please never hesitate to comment or reach out to the email below. Love what you do daily, John Fedro [email protected] Listen to Brian, Mike & John's Mobile Home Podcast here...

Our worst mobile home park manager situation yet!

Welcome back, In today’s Mobile Home Investing Lessons podcast #54 we are talking to active Mobile Home Formula investor, Lyndell. Lyndell has been mobile home investing in the great state of Luisiana since beginning working with John in 2023. In this short time working together Lyndell has become more confident investing in mobile homes, helping others, investing on his own, and growing a profitable investing business. Lyndell has now transitioned into a full-time mobile home investor. Being a newbie stinks! Lyndell has had to overcome mental fears and roadblocks, desires to quit, imposter-syndrome, being laughed at by friends and more, ALL before becoming success flipping mobile homes.  Pro Tip: Once you commit to investing in mobile homes and helping others, don’t quit. Keep going. Use the time markers to fast forward today's podcast. ✔️0:00 Overview of Lyndell’s MH story✔️7:00 Overcoming shame✔️12:00 First mobile home flip in a park.✔️16:40 Would you invest in this park again?✔️22:00 Moment that changed your investing.✔️25:00 Lyndell’s biggest mobile home deal?✔️26:00 Don’t over fix a mobile home.✔️28:45 Being embarrassed with a mobile home.✔️29:30 Cockroaches in 2nd deal✔️30:00 Working with a “friend”✔️32:00 Awkward mobile home stories.✔️36:40 Partnership pros and cons.✔️39:00 What’s your next steps?✔️41:00 Stolen property✔️42:40 Neighbor’s WIFI to protect your home✔️45:10 3rd mobile home doublewide✔️48:00 Stress due to mover laziness.✔️54:30 Avoid this error to save yourself stress.✔️100:00 Unexpected about mobile home investing?✔️102:30 Advice for mobile home investors. Overcoming doubts. Gaining more confidence. In today’s podcast video Lyndell plays it very cool and is quite confident as we talk together. This is far from how he acted towards mobile homes 1 year ago. When Lyndell began his mobile home investing career in 2023, he was just as new, unsure, and nervous as everyone else. None of us are born mobile home investors, we all have to learn one way or another. Pro Tip: Serious determination, a very good plan, a phone, a vehicle, the willingness to ask questions, and $3,000-$15,000 of investing capital are the only 6 things needed to get started investing safely. Becoming better is only natural. Becoming more confident and learning more about mobile home than over 98% of other people in your local market is a natural byproduct of being an obsessed mobile home investor. When you are actively saturating yourself with mobile home park managers, sellers, buyers, and other investors daily and weekly you are forced to learn and grow. This is a good thing. Very quickly you will be the local mobile home authority in your market. Start making money, then tell your friends you’re investing. It may be human tendency to get excited about future plans and want to share them with friends. This excitement and the rush of dopamine we get dreaming about the future and preemptively patting-ourselves-on-the-back can be addictive. It is easy to get the rush of happiness explaining to your friends everything you will one day accomplish in the future. In these situations, you are getting all of the praise without any of the work. If you're newer it may be beneficial to begin your investing career without telling your friends or family. The one single employee of your company is you. You are the golden goose, and we need to protect your mental and physical energy. Negativity is a real time and motivation killer. Negativity doesn’t want to see you succeed. Negativity wants to see you fail. Don't let this negative force win. Pro Tip: The person that is going to push you the hardest is reading these words right now. You need to be your #1 cheerleader. Your opinion is the only one that matters. Helping others and helping yourself Every single mobile home investor is in this business to make a profit. You make profits by solving mobile home park problems and mobile home seller problems. However, we can only make a profit when we continue to run an ethical business that helps others. The more people you help, the more profits you create so, you can advertise and help more people. Until you are better known locally, mobile home deals will rarely fall into our lap without regular work and effort. Expect to work harder for yourself than you do for someone else. Mobile home investing should not be exciting, but rather a predictable, safe, rewarding and profitable. Moving forward when you have any mobile home related questions please never hesitate to comment and/or email below. Love what you do daily, John Fedro [email protected]

Mobile home investing leads David to an early retirement from his engineering career. He learned to flip and wholesale mobile homes fast.

Learn from Natalia’s stories so you can make more money faster and help more sellers and buyers this year.

In today’s video we are super proud to welcome Shaun and Pamm to the Mobile Home Investing Lessons Podcast. It is hard to believe we are already on mobile home podcast episode #51. Today we have an exciting episode ranging from starting challenges, shady sellers, working full-time, handyman advice, being married, and how to build great relationships with mobile home park managers. A huge Thank You to Pamm and Shaun for joining me on today’s Mobile Home Investing podcast. In the podcast episode below this married investing power couple provided a huge amount of mobile home investing value simply to help other mobile home investors. This giving nature definitely shows in their mobile home investing as well. Shaun and Pamm’s motto, “Under promise and over deliver.” Pamm and Shaun go from beginner to success with mobile homes. (How they did it?) 0:00 Welcome Shaun and Pamm4:00 What are your day jobs?8:45 When did your business change?14:30 Selling for cash VS. monthly payments?16:00 Handyman special VS. Bigger repair project homes?18:20 Any bad deals?20:00 Working with mobile home handymen?24:00 Dealing with confrontation?28:20 Why do parks work with investors?31:15 Handyman Dos and Don’ts?36:30 What is your 5-year plan?40:00 What’s been your highest profit deal?44:00 Why mobile homes?52:00 Sourcing discount flooring?53:00 Overcoming troubles?59:00 What ways have you improved yourselves?1:04:40 Advice for other mobile home investors? Quality In & Quality Out Shaun and Pamm talk about the pursuit of their first deal before they were official mobile home investors. They describe occasions where they are able to invest in used mobile homes without making any repairs at all. Some homes can quickly be flipped for a healthy profit with no rehab needed. However, some homes absolutely do need repairs completed, cosmetic and more structural. Shaun and Pamm have always fixed homes a bit more than the average mobile home investor. Shaun and Pamm standout and shine in their local market compared to other mobile home investors. ✔️ Where other mobile home investors fail to communicate with the local park management, Shaun and Pamm keep in great communication with park managers.✔️ Where other mobile home investors do not follow up regularly, Shaun and Pamm continuously follow up with mobile home sellers.✔️ Where most mobile home investors fail to fix mobile homes before they resell them, Shaun and Pamm seem to always fix what is broken. This way they many deliver a high-quality product to a well-paying cash buyer. Tip: Like it was mentioned in today’s podcast, humbly brag to the manager when you do make repairs to the inside of the mobile home. Show off what you did. Compromise & Vision Pamm and Shaun really open up about difficulties they had while first investing in mobile homes and growing their flipping business. Both of these investors love each other very much, yet growing a successful business like this together is brand new for them. This married couple now has been figuring out how to work together peacefully and productively on the fly. Towards the end of this podcast Shaun and Pamm talk about the secrets that have helped them grow closer in marriage while building a successful mobile home investing business together. In conclusion, mobile home deals rarely fall into our lap as newer mobile home investors without hard work and daily effort. After you’ve built up a noticeable reputation for yourself and made hundreds of purchase offers, opportunities have a way of finding you more and more. In the beginning of your mobile home investing career the majority of your time and effort should go towards building your reputation, networking, and specific daily and weekly advertising. Mobile home investing should not be thrilling, but rather a predictable and safe business. If you are taking action regularly then you should absolutely have questions about mobile home investing almost daily. Moving forward when you have any mobile home related questions never hesitate to comment or reach out to the email below. Love what you do daily, John Fedro [email protected]

Mobile Home Formula investor is Helping Mobile Home Sellers and Making Money in DC Area

In today’s podcast video we are talking with active Mobile Home Formula investor Megan. Megan has been busting her butt for the past year making a name for herself in the mobile home investing space. Megan is now successfully investing around her state and is well known by other mobile home brokers and park managers statewide. This success did not come by accident, but rather from a specific plan and daily action from Megan. Like almost everyone, when Megan got started investing in mobile homes she had countless questions. Megan and John talked almost daily while building her mobile home investing business. Megan has overcome struggle after struggle in order to achieve her success. She knows she still has a lot more to achieve. A special thank you to Megan for hopping on today’s video to share her business details with others and help other mobile home investors she will likely never meet. Mobile Homes Investing VS. Single Family House Investing No one is born a mobile home investor. No one is born a single-family house investor. There are many ways to discover the real estate investing field, however typically investors find themselves gravitating towards 1 niche or another. Like many folks, when Megan heard about mobile home investing through her family, she was skeptical. Actually, Megan admits to rolling her eyes and laughing at the idea of investing in mobile homes. This attitude is extremely common, who wakes up and thinks to themselves “I want to invest in mobile homes today?” After doing more research Megan did the math to realize that mobile homes were just as profitable as single-family homes when it comes to monthly cash flow. Additionally… There are way less mobile home investors compared to single family home investors.There is way less capital needed when investing in mobile homes compare to traditional houses.The risk is much lower in mobile home investing, but serious risk does still exist.Mobile home sellers can be in a real time-crunch to get their mobile homes sold quickly.This year is a great time to sell mobile homes for all cash or monthly payments.When selling mobile homes on monthly payments the cash flow can be very similar to that of site-built houses. Sacrificing Today’s Resources for Her Family’s Future Do not believe anyone that tells you mobile home investing will make you rich quick. Mobile home investing regularly in deals every month can take 20 to 30 hours each week dedicated to your mobile home investing business. Think you have what it takes? Megan tells of a story about her driving over two hours away from her home to invest in a killer mobile home deal. Megan stayed an additional few hours at the mobile home while the seller packed up and moved out. Megan then had to drive all the way back home late at night. This was done with her kids and newborn baby in the car with her. Megan has put in the time to learn this business, to overcome her fears in order to gain the skills to helped so many local mobile home buyers and sellers in her market. Appreciating What You’ve Accomplished, While Still Always Aiming for Bigger Goals. Outsourcing is what Megan is currently working on growing. Megan’s mobile home business is growing, and she will need to outsource and automate her mobile home investing daily workload in order to scale and continue investing in mobile homes while investing less of her own personal time. Megan is becoming the definition of, working smarter and not harder. In today’s podcast you can watch Megan as she discusses her attitude about her recent successes. As we become more and more successful, the goalpost keeps moving further and further back. This is normal and a very healthy sign your business is growing. As we accomplish one goal another pops up! Megan is also appreciating where she has come from and the success she currently has. Megan admits to doing bigger and bigger deals that she never dreamed were possible. Achieving her goals is a direct reflection of the time and commitment Megan has put in to learning this business, partnering with the right mentors, and taking daily action even though she is scared at times. Megan has no intention of slowing down anytime soon! In conclusion, mobile home investing takes hard work and typically daily effort to make a consistent name for yourself and help multiple buyers and sellers monthly. You will never learn everything you need to know about real estate investing from reading books or watching videos. While there are many ways to make money in real estate, there are countless ways to lose profits as well. Have fun and take daily action to reach your financial goals sooner rather than later. If you have questions, please ask them. There are plenty of active investors around to give you help and guidance if you simply ask for it.