031 More Mobile Home Investing Dos and Donts with John and Drew

In today’s mobile home investing podcast episode #31 I’m super excited to share another active mobile home investor named Drew. Drew’s in the Midwest and in a short period of time has already flipped multiple mobile homes for profit. Drew is helping one park and one family at a time.

So far Drew has invested solely in mobile homes inside of pre-existing mobile home parks. Drew has goals to purchase more mobile homes with land this year.

In today’s 45-minute podcast we discuss Drew’s scariest deal while mobile home investing, and a deal that made him extra-happy while flipping mobile homes.

We encourage you to learn from our mistakes. Today’s podcast is packed with Pro Tips and actionable steps to implement into your business sooner rather than later.

A Very Special Thanks to Drew for being so candid on today’s podcast episode. Listen below to just hear how Drew’s confidence has changed so much since the beginning of the mobile home investing journey. Keep it up, Drew!

In this mobile home investing podcast episode below, John and Drew cover:

• 1:25 Did you have any real estate experience before getting started with mobile homes?
• 1:38 What is 1 thing you were fearful about when first getting started?
• 2:38 Have all your mobile home deals been profitable?
• 2:45 Sold for cash or payments?
• 3:20 Is it easier to sell 3 bedrooms or 2 bedrooms for cash?
• 3:40 Are you mainly buying from mobile home parks or owner occupants?
• 4:00 Do you have good relationships with park managers?
• 5:50 Do any park managers want to see the insides of your homes after you repair them?
• 6:50 What was one of your scariest deals?
• 18:15 Did you have backup handymen in case one failed?
• 21:15 Was that scary mobile home deal very profitable?
• 29:20 What is a happy mobile home deal you’ve had?
• 39:20 Are all your payment-buyers on-time and happy with their purchases?
• 41:40 Any advice for other mobile home investors?