Have You Ever Thought That Mobile Homes Could Be a Great Investment? But Didn't Know How To Get Started?
I've personally helped hundreds of students one on one and spoken to thousands of people on how to get started investing in real estate. What intrigues them more than anything is how I got started investing in mobile and manufactured homes.
I Was Told to Stay Away From Mobile Homes
Early on in my real estate career, I only invested in "regular" houses. "Stay Away"! That's what people (who I had considered to be mentors of mine) told me. Yet, something in my gut told me that there was an opportunity there. Their intentions were good - I just didn't think they knew much about them. Somebody was making money with them, why not me?
Never Been Much of a Follower
Over a decade ago I moved to South Carolina. As I planted my real estate investing roots in new territory, I kept coming across more and more mobile home leads! It was time to take action! I heeded my mentors advice, but then went for it anyways. The value of having a real estate education had paid off, but now I needed a mobile home education.
This is What I Learned
I began immersing myself in the mobile home world. I met mobile home movers, dealers, park managers, investors, you name it - I was interviewing them. I was fortunate enough to learn directly from mobile home legend Lonnie Scruggs and was invited into what I called this underground mobile home investors group. At the time there wasn't a lot of information out there. I hit the pavement and put in the work to figure this strategy out. I learned that the mobile home world has a strategy for anyone. If you want - I can share it with you.
This is What I Can Teach You
If you are someone who wants to break into real estate investing using mobile homes - this course can help you. If you are someone who wants to figure out what to do with mobile home leads that you may be getting in your real estate business - this course can help you. I've built this course to be a foundation to a persons mobile home investing education.
Mobile Home Investing
- Foundational Training Modules
- 30+ Video Lessons with bonus lessons added regularly
- Deal Calculator for flips, seller finance and rental Analysis
- Mobile Home Repair Cost Checklist
- Case Study Lessons
Module 1: Getting Started
Why Investors Love Mobile Homes
Understanding the Different Types of Mobile Homes
Where to Park Your Mobile Home
Different Types of Mobile Home Parks
Module 2: Six Strategies
Must Know Mobile Home Strategies
How to Cash Flow Without Owning the Land
Sell For a Profit and Cash Flow at the Same Time
Wholesaling Mobile and Manufactured Homes
What's a Land & Home Deal Swap Out
Renovating for a Fix and Flip
Selling Rent Ready Mobile Homes to Investors
Christy's spreadsheet for analyzing rentals, seller financing deals and fix & flip opportunities.
This powerful tool helps an investor estimate repairs for mobile home rental properties and flips.
Module 3: Must Knows
Knowledge that Makes a Big Difference
What is the Paperwork Process
The Documents an Investor Will Want
How to Turn a Mobile Home Into Real Property
Where Can We Move a Mobile Home
Who Moves the Mobile Home
What's a Dealers License, How do Taxes Work, and so Much More!
Module 4: Finding Deals
Fundamental Marketing with a Mobile Home Twist
What Type of Motivated Sellers to Focus On
Mobile Home Relationships that Bring Investors Deals
Christy's 4 Favorite Marketing Strategies
Action Steps to Take
Downloadable marketing pieces as well as examples of what to say when looking for deals.
Ability to Ask Questions
Students have the ability to ask questions at the end of each training video.
"Manufactured Homes are Affordable.
Now, learning how to invest in them is too!"
Learn How to Invest in Mobile and Manufactured Homes
If you ever thought that mobile homes could be a good investment, you were on to something! The time to learn this strategy is RIGHT NOW!
"Christy was extremely helpful assisting me with buying my first mobile home park. I thought I knew enough since I had plenty of experience investing in real estate, but purchasing this type of property was a completely different animal. Not only was she able to help me analyze the income and expenses, Christy had excellent ideas on how to create the highest and best value for the park. I am truly grateful for her help as she was able to point things out that I hadn't considered".
On Demand Learning
It's Great for Beginners
Mobile homes typically have lower price points which could mean less capital upfront. This is great for investors looking to renovate and flip or buy and hold for cashflow. This could lead to higher cash on cash returns!
Experienced Investors Can Diversify
Affordable housing will always be in demand. Just like a stock investor diversifies his or her stock portfolio, a real estate investor can do the same with their real estate portfolio. Mobile homes can be a great option for investors who fix and flip, as well as investors who buy and hold for cash flow. Don't get caught with all your properties in one basket.
Designed NOT to Overwhelm
If a person has never owned a mobile home, I do not recommend starting off by buying an entire mobile home park. This course lays out the basics of flipping and renting individual homes. I've broken it down into just a couple of hours and provide resources for my students to ask questions.
I Can Relate
As a busy person, time is my most valuable asset. If you're looking for a course with hundreds of hours of video and audio CDs then this is not the course for you. But if you are looking for a course that can help someone get started investing in mobile homes or give a person a better understanding of the opportunity with mobile homes - then this is the course.
Christy's Deal Calculator
Easy to use tool for running numbers on fix and flips, seller financing deals and rental property analysis. This tool helps factor in set up costs, lot rent, and anything else, mobile home specific.
Mobile Home Lead Sheet
Know what questions to ask when talking to a seller. Don't hang up the phone only to wonder if something was missed. Be thorough, efficient and build confidence. Use this cheat sheet to make sure all the right questions are asked.
Mobile Home Repair Cost Checklist
Go line item by line item down this checklist to help estimate repair costs. Checklist is available to print in PDF format or plug your numbers into an excel spreadsheet.