I often hear people say they can’t get started because they either don’t have any money, or very little money. Just this week, Eric, a young man in our Real Estate Club, said he only had $5,000 and wanted to know how he could get started with such a “small” amount. I told him that the amount doesn’t matter, what does matters is that he get started. And NOW!
Had Your Financial Check Up Lately?
Seems like there’s always somebody telling us that we should get a physical check-up every year or so, but how about a financial check-up? Ever had anybody call wanting to schedule you for a financial check-up”? If not, and you haven’t had one lately, then it’s time to get one. Here’s a simple little test to see if you pass...
The Future Of Mobile Homes/Parks
In checking through my files, I came across this article from several years back. I think this would be a good time to run it again, since nothing has really changed. And while it was directed toward the Manufactured Housing business (Mobile Homes) it applies equally to the current housing industry, as well.
Exploiting Location and Financial Factors with Mobile Homes
About ten years ago, I made the front page of the Orange County Register when I said that I could buy a home in Orange County, California within one day for under $60,000. I did. This house was in a mobile home park in Placentia and the price was $28,000, not $60,000. It had been there all along, but investors didn't have their sights on mobile home opportunities. They still don't. That means with very little competition, homes are still easy to buy, and to sell; but you have to learn something about the business first.
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Did You Bring Your Checkbook?
Can you imagine trying to sell your mobile home and the man you’re trying to sell it to asks you if you brought your check-book? Folks, I swear, I’m not making this up. But I have to tell you this story.