From the category archives:

MH #2 – SOLD

Mobile Homes – Final Analysis

June 29, 2010

As I mentioned in my previous post, as of this week, we have sold off all of our mobile homes and mobile home notes… I just wanted to take a few minutes to recap our results with our mobile home deals: In all, we purchased 5 mobile homes over about 5 months. I had two […]

8 comments Read the full article →

Selling Our MH Notes

June 24, 2010

As I mentioned in my last mobile home update, we have two remaining homes that have been sold but that we’re still financing (MH #2 and MH #5). The notes are scheduled to be paid off early next year, and the buyers have been making all their payments on-schedule. It’s actually a great situation. But, […]

7 comments Read the full article →

Mobile Home Update

March 7, 2010

We’ve had a bunch of stuff going on with our mobile home investments over the past two months, but I haven’t had much time to write about our progress, issues, and current status…so here goes: Mobile Home #1 Our very first mobile home purchase took a turn for the worse last month when our buyer […]

11 comments Read the full article →

Update for 1/29/2010

January 29, 2010

Very quick update on all the houses and other stuff going on… House #1: The Corn House According to the credit repair company we have them set up with, the lease-purchase tenants may be close to qualifying for an FHA loan. I don’t know if that’s actually the case, but we plan to have them […]

3 comments Read the full article →

Update for 12/21/2009

December 21, 2009

I haven’t had a chance to post in a couple days because I’ve been out of town, so I thought I’d give a quick update on everything we have going on these days… House #1: The Corn House Nothing much new with The Corn House. The lease-purchase tenants are consistently paying their rent, and their […]

4 comments Read the full article →

MH #2: Sold

October 12, 2009

It looks like we’re about to sell our second mobile home. If you recall, we purchased this one last week from a desperate seller for about $1600, and will be putting in about $80 to fix a railing on the back deck (the park is requiring this fix). We will be selling this one for […]

5 comments Read the full article →

MH #2: Negotiating Fun

October 1, 2009

I have now officially set up a business with two partners to buy and sell mobile homes (MH); our goal is to continue to do deals similar to the one we did a couple weeks ago…hopefully we can do at least a few per month… Along those lines, one of my partners came across a […]

16 comments Read the full article →
WANT FREE HOUSE FLIPPING STUFF???
Sign up for our Newsletter and get immediate access to our FREE 150+ Page eBook on New Construction, plus all of our business tools: Single-Family and Multi-Family Business Plans, Rehabbing and Buy-and-Hold Spreadsheets, Contract Templates, and more!
We respect your privacy. No Spam...EVER!