045 Southern Gal Wins Big with Mobile Homes on Land with John and Lameka

045 Southern Gal Wins Big with Mobile Homes on Land with John and Lameka

Author: John Fedro April 10, 2024 Duration: 33:59

Once upon a time, there was a lady named Lameka who wanted to do something really special. She wanted to make money, but she also wanted to help people. She had a big dream of owning mobile homes and turning them into nice places to live while making some money. In today’s Mobile Home Investing Lessons podcast #45 we’re talking with active mobile home investor Lameka.

Facing Her Scary Feelings

At first, Lameka felt scared because she didn’t know much about mobile homes. But she didn’t let fear stop her. She decided to learn all she could about mobile homes. She read books, went to meetings, talked to people who knew a lot about them, and found a partner to learn from. Learning made her feel less scared.

Lameka says, “with passion, belief, action, and accountability, we can achieve anything!”

Helping Others and Making Money

Lameka didn’t just want to make money; she wanted to help families find good homes they could afford. She knew mobile homes could be great for that. So, she bought some old mobile homes and fixed them up to make them nice and cozy. This way, she could help people and make a profit too.

Finding People Who Really Wanted to Sell

To make her dream come true, Lameka needed to find people who really wanted to sell their mobile homes. She got good at this by talking to lots of folks and building trust. When mobile homeowners needed to sell fast, they thought of Lameka because she was local, friendly, and fair.

Selling Fast to Happy Buyers

Once Lameka had nice mobile homes ready to go, she wanted to sell them quickly. She made sure to tell people about her homes and show them how great they were. Buyers were happy because Lameka was honest, and they got good deals. She sold mobile homes for all cash and others for monthly payments.

You Can Do It Too

Lameka’s story shows us that even if we feel scared, we can still go after our dreams. If you’re interested in mobile home investing like Lameka, start by learning more about it. Talk to people who know about it and continue learning. Don’t let fear stop you. Use it as a way to make yourself better.

Lameka says, “Whatever your goal, stay focused and take action to make it happen.”

Lameka’s adventure is proof that we can do amazing things when we try. You can follow in her footsteps. You might even discover that you can help people and make money at the same time. So, don’t be afraid, start your own adventure in mobile home investing!

In today’s Mobile Home Investing Lessons Podcast #45, we uncover:
  • 0:00 Welcome Lameka
  • 1:10 Mobile home investing VS Youtuber
  • 2:00 Multi-passionate Entrepreneur
  • 2:30 Real estate investing crash.
  • 7:00 Learning a new business.
  • 9:00 Invest without ever seeing the mobile home.
  • 11:00 Keep the home and rent the land.
  • 16:45 Park manager relationship.
  • 18:40 Investing safely.
  • 24:10 Buying or Brokering?
  • 28:00 Working with banks.
  • 31:00 Deal breakers when selling.

John Fedro hosts the Mobile Home Investing Podcast, a resource built from real experience in the manufactured housing market. This isn't about abstract theory; it's a practical dialogue drawn directly from the trenches of a unique investment niche. Each episode focuses on a specific aspect of buying, selling, or managing mobile homes, breaking down strategies, pitfalls, and opportunities in straightforward language. You'll hear from John and his guests-practitioners who are actively building portfolios-as they share what actually works, and what doesn't, in their own businesses. The conversations are designed to be accessible, whether you're just curious about alternative real estate or you're looking to scale an existing operation. By tuning in, you gain access to a community-focused perspective on building wealth and personal freedom through this often-overlooked asset class. This podcast serves as a steady guide, emphasizing actionable education and the mindset shifts needed to succeed in entrepreneurial investing. It’s where the specifics of mobile home parks, resident-owned communities, and single-section home deals get the detailed, candid discussion they deserve.
Author: Language: en-us Episodes: 61

Mobile Home Investing Podcast
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