From the category archives:

Mobile Homes

MH #4: Purchased

December 10, 2009

My partners and I just purchased our fourth mobile home in the past two months…
This one is a 3 bedroom, 2 bath double-wide in the same park as our first mobile home. It’s about 10 years old and in very good condition. It needs some patching on a small part of the roof, [...]

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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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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 [...]

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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 potential [...]

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Update for 9/15/2009

September 15, 2009

Let me first mention today that my wife and I are expecting our first baby any day now (he was due this past weekend), so if you notice a few days where the blog is not getting updated, you’ll know why…
Anyway, I think it’s been about a month since I’ve done a [...]

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MH #1: Too Easy?

September 11, 2009

I mentioned in yesterday’s post that we were planning to try our hand at investing in some mobile homes (MH) via “Lonnie Deals”…
Well, it appears we’ve done our first deal already! One of our partners found a MH listed for sale on the website of a local bank. The MH was a foreclosure [...]

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Lonnie Deals

September 10, 2009

While this site is primarily geared towards flipping houses, I like to use the blog to highlight all the real estate activities of our business, even those that don’t necessarily have to do with rehabbing or flipping. And we’re planning to start branching out just a bit…
For those not familiar with the concept, there’s [...]

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