CASH POOR Mobile Home Investing

In this video we discuss mobile home investing safely with a limited budget. Whether you have $5,000 or $50,000 to start, it is important to plan ahead when investing in any real estate. For more info mosey over to http://www.mobilehomeinvesting.net Links mentioned in this video: Other investors https://youtu.be/OTpS84MjBmQ Cash needed to start https://youtu.be/V_CPTTd1OZI Finding nearby parks https://youtu.be/l80lW98m_E4

Comments

1. Hi John.. I really enjoy your video's very helpful and seriously thinking of investing. @ this time I 'm a Resident Park Manger of 1 and take care of accounting on a second park. now my ? is; would it be good to contact people who are under a court order that are having issues paying their space rent. The home I am looking at is a lg. 3 bd.2 b in very good shape. the owner is 3000.00 past due and is now on a court order. but I don't think he will be able to pay. So If I wanted to make an offer on this MH. what would you suggest??
2. Hey John, your videos are great. Do you have any type of training program you offer or mentoring.
3. hey John like your videos have a couple of questions can you email when your free Jalena0518@gmail.com
4. Thank you great videos! Keep it up! N looks like i will either need to save more or use opm to get started
5. what is a good interest rate if I use other people's money? North carolina
6. Love the videos. They're very informative and easy to understand. I know you have a business model that is proven to work. That being said I do have a couple of questions.
   
   1) Would renting be a bad Idea? I've been thinking of this but wasnt sure if I would gain more.
   
   2) When selling a home how would I go about collecting payments on time? Ensuring unhappy tenet does not destroy property prior to leaving?
   
   3) Last, Ive worked hard & saved money just to be able to do this. I've found great deals both in & out of my area. That said for some reason im having a hard time pulling the trigger. As you say "there isn't a cookie cutter deal". So idk what I'm waiting for. I'm getting a Shia Lebeouf "Just Do It" gut feeling but having a hard time pulling the trigger on my 1st deal. Any thoughts or advice?
   
   Thanks for reading & appreciate any time, help, or advice you give.
7. AWESOME VIDEO, THANK YOU!!!
8. John, I have an extremely important investing question for you. I was hoping you can help me out with it. Where the heck did you buy that amazing whiteboard that you do all your mobile home investing strategies on. I really need one of those in my life. but on a serious note I've been watching your videos for a couple of months now and I can tell that you are very passionate of the work you do in your craft. I'm currently saving up the capital needed to pursue mobile home investing. Thank you!!
9. hey john love your videos ... im a little confused in regards to why you suggest people do all cash sales and why not selling notes because you would end with the cash in the end ... so why not sell notes if you have 5 or 10 grand to start with ?
10. great video John, wish you would have done it a month ago, i wouldn't have used my CC's for the purchase and rehab. but it isn't totally bad doing so. Paid $1500 for the trailer and rehab for $5K ($6500 total). like i said its not to bad of a situation for me as at the same time I refinanced my own home that freed up up $1200 after i closed on the REF a few days ago. the remainder I will spread to my new CC that have 0% interest for at least 6 months (i apply every 3 months and at same time increase limits on all current cards as well). I know i'm pushing paying in full back each time but i'm also avoiding the interest charges as well, and i always pay more then my minimum per card (usually 3x the min and will apply the profit from my tenants to it as well). also plan on selling it in about 6 months for about 5x my total original cost. I think i dealt the using of my cards right, and with the plan, will still work in a very nice profit for me. any thoughts?
11. I enjoy watching your videos and I love your enthusiasm!