Mobile Home Investing Podcast

040 Young Couple Flips 1 Mobile Home Per Month in the Midwest with John and Desiree

03.28.2024 - By John FedroPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

In today’s 34-minute Mobile Home Investing Podcast episode #40 I’m honored and so proud to introduce you to Illinois based active Mobile Home Formula investors, Desiree and Harold to the co-hosting microphone. These guys have so much love for each other and growing a highly ethical mobile home investing business.Harold and Desiree are mobile home investors that stay persistent, work together, and overcome any obstacles in their way. Everyday there are more questions, and all these questions means action is happening. Your questions need answers quickly.Any mobile home related questions please comment below or email me directly at the email provided below.The StruggleAnyone that tells you mobile home investing is easy, either hasn’t been investing for very long or has a very well-oiled mobile home investing machine or is lying.* Creating any business from scratch is challenging, and on a budget of only few thousand dollars leaves little room for mistakes.Desiree and Harold have successfully flipped over 15 mobile home deals while keeping a high profit margin and genuinely helping others. These investors have ethics and the parks they work within love how they do business. These investors stay busy and only a small handful of mobile home parks. In the beginning Harold and Desiree spent over 40 hours educating themselves, looking through mobile homes, driving mobile home parks, inspecting mobile homes that had to be moved, and more before they closed on their first mobile home investment property inside a local park.Before Desiree and Harold knew about mobile home investing, they knew they were ready to put in the hard work and effort that was needed to grow a successful business. When they learned about mobile home investing, they took the right steps to invest safely and quickly to grow profitable business.* Almost everything is teachable, except ambition. Ambition and dedication required!In the mobile home podcast episode below, we all cover:* 0:00 Getting started together.* 2:00 why mobile homes?* 3:45 Confidence to get started.* 4:45 Negativity* 6:25 Cash or Cash-flow* 8:20 5-year goals* 9:40 Beautiful home quick flip* 12:00 Hours per week* 14:00 Building relationships* 16:15 Outshining the competition.* 19:00 Switching business roles* 20:30 The struggle* 21:40 What made you successful?* 22:50 All free homes are not good deals.* 24:45 Working as a couple.* 27:15 Morning routines for success* 29:00 Using a calendar* 29:30 Has investing changed you* 30:40 Working with JohnFixing & Flipping Mobile Homes… Sometimes just flipping them.In today’s podcast episode Desiree and Harold admit that they almost exclusively are 1.) purchasing the mobile homes, 2.) fixing them up slightly or extensively, and 3.) reselling the mobile homes to all cash buyers for handsome profits.Buying Right + Cost Effective mobile home repairs (Based on your Exit-Strategy) = Profit when you resell.There are at least a dozen different methods or strategies to purchase and resell mobile homes. However, some mobile home investors only use one or two buy/sell methods to build their initial mobile home investing businesses and profit. Harold and Desiree are no different. Win-Win Deals Only: As mobile home investors we have to make money to stay in business and keep helping others. However, we should always aim to leave our sellers happy,

More episodes from Mobile Home Investing Podcast