From the category archives:

MH #3 - 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 partners, [...]

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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 (who we [...]

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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 [...]

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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 [...]

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MH #3: Sold

December 15, 2009

We sold mobile home #3 today…
The home was in pretty good shape, so we choose not to do any work to it before trying to find a buyer. We put up a sign on the home and another in a central part of the park, and received about a half dozen calls in just [...]

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MH #3: Under Contract

November 30, 2009

We put our third mobile home under contract today…
I have two partners that I’m working with on the mobile homes, and luckily one of them is putting in a good bit of time to find both sellers and buyers. He actually found five mobile home REOs this past week (all with the same bank), [...]

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