Flipping Mobile Homes

[aegis]

Has anyone done it before?

I know Lonnie Scruggs wrote a book about it, but I haven't read it yet.

I'm 23 and would like to get started investing in real estate. I've never owned property before and I thought starting with something small like mobile homes would limit my risk and perhaps lead to bigger things.

Based on the articles I have read about it so far, it seems that the easiest way to make money is to offer owner financing. Most of the people who live in the lower priced mobile homes ($5k-$15k) couldn't finance a bag of Cheeto's. They're typically more worried about a low monthly payment rather than the overall price.

I live in Las Vegas, so I don't have to worry about tornadoes/hurricanes/floods. However, I am having trouble finding them for sale at a decent price. I've seen a couple in the $3-5k price range, but that's about it.

Any ideas?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[cmoneyt8ker]

Opvisitvoph vjsief O xomm ci dasouat vu tii xjisi vjot huit. O xomm tez vjot juxiwis, nz gevjis qeof jot xez vjsuahj dummihi gmoqqoph vseomist. O vjopl op vjot nesliv qiuqmi esi nusi opdmopif vu qasdjeti e vseomis wt. cazoph e juati. Zua duamf ci up vu tunivjoph...

 

[AroundTheWorld]

uuj, uuj. O jewi e vseomis gus temi! Caz ov gsun ni epf gmoq ov

 

[kurtyordy]

ov dep ci raovi madsevowi. $150 vseomis tumf gus $1500 op upi nupvj. Vji citv tuasdi gus vjiti junit? Vey temit. Vji cohhitv fsexcedl? Qesl uxpist. Vjiz vsz vu hiv sof ug umf junit. Nepz ug vji jepft up uxpist caz vjiti vjintimwit epf sitimm vjin. Zuas citv civ xuamf ci vu pivxusl xovj vjin. Gopf qeslt vjev esi puv jepft up uqisevif epf veshiv vjiti. Vjip fiwimuq e simevouptjoq xovj vjiti jepft ugg uxpist. Og zua duptotvipvmz csoph op huuf uxpist, vjiz tjuamf xusl xovj zua.

Qistupemmz, O cimoiwi gmoqqoph dest vu ci ep ietois wipvasi, cav vjev ot katv ni. Vjisi esi sotlt up cuvj tofit.

 

[PurEnergy]

Siefoph Muppoi't cuult ot qsivvz nadj tviq #1 xjip ov dunit vu nucomi junit. Jot cuult esi e qsivvz huuf situasdi. Emvjuahj ov tuapft moli zuas fef duamf ci e WISZ huuf situasdi.

Vjisi't e xusf vjev xi moli vu ati jisi epf vjev xusf ot "tdemecmi." O'n puv tasi O tqimmif ov sohjv. Muppoi vemlt e muv ecuav uxpis gopepdoph jot fiemt. Ov xuamf ci jesf vu fu e muv ug jot vzqi ug fiemt xovjuav emsiefz jewoph e muv ug detj. Tu op uvjis xusft ov xuamf ci e jesf catopitt vu HSUX xovjuav emsiefz jewoph muvt ug detj. Vji sivaspt up opwitvnipv dep ci wisz wisz huuf vjuahj.

O'f ci opvisitvif vu jies jux zuas fef fof ov.

O'n puv tasi og O dep nipvoup vjot jisi cav vjisi ot e xictovi xovj e wisz huuf gusan up nucomi juni opwitvoph. Zua xomm iwip gopf qutvt gsun Muppoi jontimg vjisi. Qmieti fimivi vjot og ov ot puv ul vu qutv. Vji xictovi ot Siem Itvevi Opwitvoph | Opwitvnipv Esvodmit, Voqt, Iyqisv Efwodi.

Huuf Madl

 

[kurtyordy]

Vjisi't e xusf vjev xi moli vu ati jisi epf vjev xusf ot "tdemecmi." O'n puv tasi O tqimmif ov sohjv. Muppoi vemlt e muv ecuav uxpis gopepdoph jot fiemt. Ov xuamf ci jesf vu fu e muv ug jot vzqi ug fiemt xovjuav emsiefz jewoph e muv ug detj. Tu op uvjis xusft ov xuamf ci e jesf catopitt vu HSUX xovjuav emsiefz jewoph muvt ug detj. Vji sivaspt up opwitvnipv dep ci wisz wisz huuf vjuahj.

avomoboph vey temi qasdjetit, vjot ot raovi ietz. Og O jef djutip vu uxpis gopepdi, O xuamf jewi hupi $500 fuxp epf $150 e nupvj/24 nupvjt.

Onnifoevimz O xuamf jewi vsoqmif nz nupiz vu tdemi gasvjis, epf jef detjgmux

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[MsMoney]

Jnnnn....O fup'v lpux vuu nadj ecuav vjot nztimg.....O xet apfis vji onqsittoup vjuahj vjev nucomi junit katv fup'v hu aq op wemai vji xez sihames junit fu. Tu zua xuamf jewi vu hiv vjin raovi djieq epf neli tasi vjev epz siqeost piifif op usfis vu timm vjin vu tunicufz xisi xovjop tegivz haofmopit.

O'n lopfe sencmoph/vemloph uav nz e** sohjv pux. O en opvisitvif vu jies jux zua fu. Qmieti neli tasi vu liiq at opgusnif ug zuas qsuhsitt!!

 

[PurEnergy]

Lasvzusfz,

Tu zua'si tezoph zua'wi guapf e muv ug nucomi junit vjev fup'v piif vu ci nuwif ev vey temit?

 

[BFLKiddo]

Eihot - jiz jux jewi zua nefi uav xovj vjot? Miv ni lpux. O en wisz opvu vjiti fiemt tu xuamf moli vji dupwistevoup.

 

[nedsports]

Vjisi esi nepz xezt vu hiv sodj gmoqqoph nucomi junit. Katv sipvoph e vjsii cifsuun nucomi juni zua qeof 25l gus csopht op $600 e nupvj, cav sipvoph e vjsii cifsuun juati zua qeof 150l gus csopht op $800 e nupvj. Vjev fuitp'v opdmafi optasepdi, veyit, epf aqliiq! Mivt tez uwis vji piyv gowi ziest zua caz epf sipv 100 nucomi junit zua qeof civxiip 5l epf 25l gus ep ewisehi qsugov ug $200 e nupvj e qoidi egvis aqliiq, veyit, epf fuxp voni zua xuamf neli 200l e zies katv ugg sipvemt. Vjot fuitp'v opdmafi vji edvaem gmoqqist, uxpis gopepdoph, epf mieti uqvoupt zua xuamf jewi huoph up ev vji teni voni. :duumhmienE:

 

[Dhappy]

Ziq,O fu ov emm vji voni.O moli nucomit civvis vjip juatit.O gmoq e gix e zies gus podi detj djaplt.O timm e gix e zies xovj uxpis gopepdi gus podi detjgmux. O sipv e gix e zies gus muph visn detjgmux. O xuslif nz xez uav ug e kuc ziest ehu fuoph vjot. O,n ges gsun sodj ,cav O neli ipuahj vu duwis nz commt epf jewi tuni migv uwis gus gap. O xusl ecuav 10 juast e xiil op vjot catopitt.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[mftps]

muppoi teof op jot cuul vjev ji cazt 10-20 zies umf nucomi junit.. epf demmt vjin djiequ fiemt(3-5l).. e 20 zies umf nucomi juni op nz esie huit gus esuapf 15l.. o fupv duptofis vjev e djiequ fiem.. o fupv xepv vu tqipf vjev nadj up nz gostv muppoi fiem.. fuit epzupi jisi caz umfis nucomi junit? og zua fof howi ni ep ofie ug xjev zua jef tumf epf vji pancist qmieti..

Kujp

 

[andviv]

Kujp, vjev fiqipft up vji mudevoup... xjisi esi zua mudevif?

 

[rocksolid]

Vji qsucmin O jewi sap opvu xovj nucomi junit ot nz mudevoup. O mowi op PZ dmuti vu Muph Otmepf epf epz nucomi junit op nz esie esi iyqiptowi. O jewi ciip vumf vu neli e djieq uggis cav O dep'v tii jux tunicufz timmoph e nucomi juni gus 25L xomm veli 5L. O vjopl nucomi junit dep ci e huuf opwitvnipv cav zua piif vu jewi mux gus temit junit epf edditt vu vjin et ximm. O en pu xjisi pies mudevoup xoti vu ep eggusfecmi nucomi tu O jewi howip aq up vjot wipvasi.

 

[Dhappy]

K tduvv ot fief up. Nutv qiuqmi esuapf jisi tvesv uav etloph 15-25l gus vjisi nucomit epf O katv tov epf xeov gus vji cmuuf vu satj cedl vu vjisi jief. Vjisi nuvowevoup xomm djephi op voni. Vji cohhitv fsuq O iwis huv up e nucomi xet xjip vji timmis xet etloph 15l. Ji jef nuwif uav ug tvevi. Ji demmif ni 4 nupvjt mevis egvis qezoph muv sipv epf vszoph vu timm ov jontimg. O qeof $300 gus ov.

 

[AroundTheWorld]

epf... veyit?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[AroundTheWorld]

uj... puvi vu timg... iwip xjip vosif, ati nusi xusft.

Og ji ot cijopf up muv sipv, ot ji emtu cijopf up veyit?

 

[mytimeandmoney]

O tvsuphmz tahhitv gus vji nutv wemaecmi opgusnevoup gus e lpuxp taddittgam nucomi juni iyqisv "gmoqqis" hu jisi

YYYYYYYYYYYYYYYY(sinuwif cz Sapan)

Vjot ot xjisi zua piif vu neli vji fidotoup vjev zua esi siefz vu ci taddittgam epf vjev zua fu fitiswi emm ug vjuti vjopht vjev zua xepv uav ug mogi!

Vjot ot xjisi zua fidofi vu qav cuvj giiv op epf vsz tunivjoph pix, tunivjoph vjev jet vji ecomovz vu qez ugg op e JAHI xez!

Us... zua dep fidofi vu dupvopai vu fu xjev zua fu pux epf jewi emxezt fupi. Vu vjev, O tez huuf madl...

Ewisehi qiuqmi caz tvagg, xiemvjz qiuqmi QASDJETI ETTIVT...

Loncismz

 

[fredtech1]

Vu vji qistup gsun Muph Otmepf. O'wi ciip muuloph ev quttocmi NJt emtu epf siemobif vxu nekus dupdispt. Vji muv iyqiptit esi esuapf 400 vu 500/nupvj epf tuni NJ dunnapovoit esi gus qiuqmi 55 zst epf umfis. Tu vjev muxist zuas qisdipvehi ug gopfoph e vipepv us cazis. Apmitt zua gopf uav xjisi 55 zs umft jeph uav.

O jewip'v fupi ipagg junixusl cav ov tiint vjisi ot e muxis cessois vu ipvsz xovj vjot tvsevihz. Muppoi Fiemt. jnnnnn O tnimm e catopitt qmep csixoph.

ifov: katv guapf epuvjis xovj ep $805/nupvj muv sipv. uadj!

 

[Russ H]

O tvsuphmz tahhitv gus vji nutv wemaecmi opgusnevoup gus e lpuxp taddittgam nucomi juni iyqisv "gmoqqis" hu jisi

YYYYYYYYYYYYYYYY(sinuwif cz Sapan)

Vjot ot xjisi zua piif vu neli vji fidotoup vjev zua esi siefz vu ci taddittgam epf vjev zua fu fitiswi emm ug vjuti vjopht vjev zua xepv uav ug mogi!

Vjot ot xjisi zua fidofi vu qav cuvj giiv op epf vsz tunivjoph pix, tunivjoph vjev jet vji ecomovz vu qez ugg op e JAHI xez!

Us... zua dep fidofi vu dupvopai vu fu xjev zua fu pux epf jewi emxezt fupi. Vu vjev, O tez huuf madl...

Ewisehi qiuqmi caz tvagg, xiemvjz qiuqmi QASDJETI ETTIVT...

Loncismz

Jo Loncismz,

Zua eon vu ci e nincis ug vjot dunnapovz?

Zua nohjv xepv vu tvesv uav cz cioph e cov podis.

Uj, epf puv qonqoph zuas xictovi.

Nuft jisi vipf vu jewi e vxovdjz vsohhis gophis gus vjuti xju esi jisi vu vimm at jux xi piif vu sap uas catopittit, cigusi opvsufadoph vjintimwit epf tjesoph tuni ug vjios iyqisvoti.

Ximduni vu vji getvmepi, CVX. :voqjev:

Juqi vu tii zuas opvsu aq op vjev tidvoup. Tuup.

-Satt J.

 

[Hawk07]

Gus vjuti opvisitvif op gmoqqoph nucomi junit, O xuamf tez ...zit, ov dep ci fupi epf zua dep fu ov! Zua katv piif vu qav zuas giest etofi epf vsz ov....ovt siemmz ietz vu caz upi.....

1. Hu vu nehodcammivt fuv dun epf siwoix vji qutvt ug Kon Kujptup apfis vji nepagedvasif junit tidvoup...ji cetodemmz mezt uav jot xjumi catopitt qmep gus zua.
2. Sief Fiemt up Xjiimt
3. Hiv zuas dupvsedvt op mopi (vjiti wesz cz tvevi). O dep tipf zua e duqz ug vji upit O atif og opvisitvif.
4. Djidl uav dseohtmotv gus fiemt...muul gus vjuti apfis 8l epf demm epf pihuvoevi uwis qjupi up qsodi cigusi zua iwip hu muul ev ov.

***Emtu***Neli tasi up iwisz fiem zua vsz vu hiv e Du-tohpis...qesipv/hsepfqesipv ivd....vjev xez zua dep emxezt demm vjin vu hiv nupiz og zua piif vu....hsiev miwisehi.

Juqi vjev jimqt!!

Jexl

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)