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    I used to work two jobs. Education changed my life.

    MINDSET 
    Lonnie is a great guy who has taken time to talk to me and hundreds of others one on one over the years. He has help many people. He even lists his phone number in his books for you to call him. There are not many like him out there in the world. His down to earth wisdom is second to none.
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    The Flipping Houses Jackpot

    REAL ESTATE 
    I paid 5k for that house and put 10k into it and rented it for 3 years. I then sold it for 70k. Other investors would not touch it and told me I was nuts to deal with the maggots and stink. I'll I could smell was money.
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    The Flipping Houses Jackpot

    REAL ESTATE 
    I also love black mold,termites,water damage,houses that had a small fire,condemn by the county.I bought a house once were there was no running water or electric for 6 months and the owners were using the bathtub as the bathroom. It stunk,but I got it cheap and paid a guy $75 to remove the...
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    The Flipping Houses Jackpot

    REAL ESTATE 
    I like the real dogs everybody else stays away from.I get them real cheap.The ones that need ac,roof,walls,floors,kitchen,bathrooms,etc. I look for a nice area with pride of ownership. I stay away from a rental area for a flip. I look for a 3 bed and 2 bath 2 car garage close to nice schools.I...
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    Is this fastlane? $25 a week positive cashflow. "My" first unit.

    REAL ESTATE 
    Re: Is this fastlane? $25 a week positive cashflow. "My" first u A MHP is a great thing because you can control the neighborhood and repairs and such are all at the same place. You are not running all over town to take care of your units. Mobile home tenants are not much harder to manage. Why...
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    Is this fastlane? $25 a week positive cashflow. "My" first unit.

    REAL ESTATE 
    Re: Is this fastlane? $25 a week positive cashflow. "My" first u arfa, I would love to own a park. I have been looking for years, but have not found one that would cashflow like I want. All of my mobiles are on lots just like buying a house. I never knew they were out there until I started...
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    Is this fastlane? $25 a week positive cashflow. "My" first unit.

    REAL ESTATE 
    Re: Is this fastlane? $25 a week positive cashflow. "My" first u I never flip to more of a fool then I. My flips are bought real cheap and in need of work. I fix them up and sell below market giving the end user a great deal. I hate leverage and hope I never have to use it again. Example of...
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    Life Altering Choices - Yours?

    NOTABLE! MINDSET 
    Nothing will change your life like being told you have a disease that can kill you. When you wake in the hospital and look around it sure changes your views on things. Health is everything. Money means nothing if you don't have your health.
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    Is this fastlane? $25 a week positive cashflow. "My" first unit.

    REAL ESTATE 
    Re: Is this fastlane? $25 a week positive cashflow. "My" first u I started out that way 13 years ago with 23 SFH cashflowing about a $100 a month each. What a nightmare. I was making no money and running around getting burn out. I sold them all and went into flipping. I was taught to leverage...
  10. D

    Flipping Mobile Homes

    REAL ESTATE 
    Yep,I do it all the time.I like mobiles better then houses.I flip a few a year for nice cash chunks.I sell a few a year with owner finance for nice cashflow. I rent a few a year for long term cashflow. I worked my way out of a job years ago doing this. I,m far from rich ,but I make enough to...
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    Mobile homes as revenue properties...

    REAL ESTATE 
    Mobile homes are one of the best investments out there in real estate if bought right. Most people who talk about how bad mobile homes are get there info from listining to other people who heard it from people and so on that say it is bad.There are a small group of us mobile home investors out...
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    How many properties have you sold/bought this year?

    REAL ESTATE 
    I have bought 6 and I'm not looking to sell anytime soon. I got some great deals that are cashflowing real nice. I will buy 2-3 deals this year to flip just for spending money.
  13. D

    I pay to keep section 8 tenants.

    REAL ESTATE 
    Not yet,they will start in june. The woman I got had to move from the place she was in because the investor lost it to FC. The investor was taking the money he got from section 8 and not paying the mortgage for over a year before the bank took it back..I don't know how these guys don't end up in...
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    I pay to keep section 8 tenants.

    REAL ESTATE 
    I love section 8 tenants and offer a bonus fee every year they re-sign with me. Why? because I don't have to chase rents and vacancy is cut way down. I also get way above average rents. I have a section 8 tenant in a house I paid 29k a month ago in a good working class part of town ( no war...
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    Buying modular homes to turn into Real Property

    REAL ESTATE 
    Re: Mobile homes are great investments. I have some on land that are in the 1960,s and are in great shape and rent out like a charm. They are cashcows. I'm glad other investors think they are a bad investments you have to scrap in ten years. I make great returns with little to no competition. I...
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    Unbelievable deals everywhere.

    REAL ESTATE 
    I'm in the tampa bay area.
  17. D

    Unbelievable deals everywhere.

    REAL ESTATE 
    I closed on the two houses for 23k and 30k I posted about. I should have them rented soon. I also do alot of my own marketing to find deals. I had a landlord call me the other day from such marketing and he was retiring and moving away. He had only one rental left to sell after being a landlord...
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    When to buy?

    REAL ESTATE 
    Thanks guys, I'm pulling the trigger. The rents have came down over the last few years, but are holding lately. I have other rentals in the same area and I have no problem getting $700 a month. The rents did drop from $800-$850 a month in 2006 to $700 a month today. rxcknrxll...Thanks for the...
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    When to buy?

    REAL ESTATE 
    They are in the average joe blue collar $10 a hour neighborhood that was once all home owners and now is 50% rentals.. You do not need a gun to collect rent and there is very little crime there. I would manage them.
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    When to buy?

    REAL ESTATE 
    I agree it is fear. I have bought, sold and had many rentals over the years and never had a problem pulling the trigger to buy. With all the doom out there it has started to get to me. I'm not confident in my decision and have become wishy washy. What if the rents don't hold up. Could I make...

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