BiggerPockets Real Estate Podcast

361: Using $3,500 to Kickstart an "Unsexy" Investment Empire with Tristan Thomas

12.19.2019 - By BiggerPocketsPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Traveling the world on mobile home cash flow at 26 years of age? Yes, it’s possible!

On today’s show, Brandon and David interview Tristan Thomas, a mobile home park investor who parlayed a few thousand dollars into a life of financial freedom.

Tristan shares some great info regarding how he chooses his markets to invest in, how he finds deals in those markets, and some of the key differences to holding title to mobile homes compared with traditional real estate.

He also shares a fantastic perspective on how using “rent-to-own” financing can eliminate maintenance and repair costs, motivate your tenants to take better care of the property, and help you build wealth with very little of your own money.

Tristan is a great example of how to find financial freedom at ANY age and shares exactly how he did it himself! Download this inspirational episode today, and subscribe to the podcast in your favorite app so you won't miss the next show.

In This Episode We Cover:

How Tristan got into mobile homes

How he finds deals in today's market

The key differences to holding title to mobile homes compared with traditional real estate

How to use “rent-to-own” financing to eliminate maintenance and repairs costs

How to motivate your tenants to take better care of the property

How to build wealth with very little of your own money

Making a 100% return on investment within 12 months

His 5 biggest lead generators that are all free

The criteria he looks for to find the best mobile home deals

Getting into real estate investing for financial freedom

And SO much more!

Links from the Show

BiggerPockets Forums

BiggerPockets Youtube Channel

BiggerPockets Podcast Survey

BiggerPockets Webinars

Josh's Twitter Profile

Podcast Survey

Grant Cardone on Multifamily Investing and Why You Should Never Buy a House!

BiggerPockets Events and Meetups

Mobile Home Park Investing Boot Camp

BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene

Check the full show notes here: http://biggerpockets.com/show361

Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes from BiggerPockets Real Estate Podcast