In today’s Mobile Home Investing Podcast episode #7 I’m excited to welcome back to the co-hosting microphone Stuart to discuss how his manufactured home investing business blasted off after getting started. Stuart began mobile home investing immediately after moving to a brand new state, not knowing anyone and without previous knowledge of the market and has since grown his knowledge, cash-flow, and reputation in his local market.
Over the course of this episode, John will also chime in with his experience helping other newer mobile home investors while keeping them safe, also moving to a brand-new state (Texas) himself while growing my mobile home investing business across the country.
Stuart originally came to learn mobile home investing with the help of the Mobile Home Formula training and without prior real estate experience. He has since gone on to close a number of properties and build a cash-flowing business for himself by helping local manufactured home sellers and buyers.
- Stuart has the drive, determination, and a willingness to take action to achieve his goals in real estate investing. These few traits to take action, follow directions, and never giving-up are a few of the most crucial personal attributes for your long-term success in any real estate investing niche.
Stuart humbly agreed to spend the next 17 minutes with us on this week’s Mobile Home Investing Lessons Podcast describing his mindset and discussing what has made growing his MH investing business profitable, safe, and super-fast.
Without further ado…
In this show we cover:
- Where does mobile home investing work?
- Re-frame your fears into strengths.
- Fast forward your business and results by strategically catching up to the version of you that has been investing for 12 months already.
- Understanding your local market with clarity and confidence
- Mobile home percentages state by state?
- Knowing your resale market concerning mobile homes and manufactured homes locally.
- Getting started from scratch.
- Investing with a full-time job versus having no job at all.
- Knowing and expanding your circle-of-influence.
- Close your first deal in 30 days or less with strategic action. Investing is not a hobby; this is your serious cash-flow producing business.
- Aim for only these repairs for your first few deals.
- Do this to help make yourself well known in the area?
- Knowing when investors can help sellers and buyers by creating win-win buy/sell deals. Our 3 levels of sellers.
- Selling for all-cash versus monthly payments.
- Mobile homeowners become this?
- Building your word-of-mouth advertising.
- What most sellers will sell their home for?
- Actions speak louder than words.
- Pulling the trigger and taking action when you create a good/great Win-Win deals.
- Overcoming obstacles and hurdles with confidence.
- and much more!
