Deals On Wheels – 5 Ways to Find Eager Mobile Home Sellers

September 23, 2010 | By | 3 Replies More

Mobile_Home_InvestingIn today’s video, John Fedro is gonna share 5 strategies that he uses to find great deals on mobile homes…

Now, if you’re unfamiliar with these “deals on wheels”, you’re in for a treat.

Although not the most glamorous type of investing, mobile homes can be an excellent cash flow investment.

For instance…

We bought a mobile home in a park a few years ago for $1,200 bucks. We put a couple grand into it in repairs… and after renting it out, had a positive cash flow of almost $300. Now that’s a good cash on cash return!

In the video below, mobile home investing extraordinaire, John Fedro, is gonna tell you 5 strategies for locating eager mobile home sellers… so that you can start profiting from these little cash flow machines.

Check it out…

Thanks for sharing those awesome tips!

John really knows his stuff… so if you’re interested in learning more, make sure to check out his Mobile Home Madness Blog.

If you have any questions or thoughts, toss ’em in the comment area.

Happy Investing!


… aka P-Rid


John Fedro is a full time real estate investor from Tampa, FL specializing in buy and hold real estate.  He has been acquiring mobile homes without using his own capitol or credit since 2002.  John now teaches others how to get started in mobile home investing at his blog

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Category: Marketing, Real Estate Investment Buying Strategies, Tips and Tricks

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  1. Linda says:

    i’ve always been interested in mobile homes, but haven’t stepped out into that. good ideas. thanks for the information.

  2. Dave says:

    Thanks John! I just purchased another MH and am currently working on finishing the renovations (my contractor should be done this week).

  3. Sherry says:

    Thanks John…I love all that you do. I have listened to a lot of your YouTube videos and have gotten more and more interested in doing some lonnie deals, of course by reading “deals on wheels”.

    There are three parks that are about an hour away from me that has recently been bought out by another co. and the new owners of the park, I think, have increased the lot rent so quickly that they are losing some of there tenants. They currently have about 10 mh for sale from 10,000 to 500.00 and some are a little banged up but the others just little minor fixes. I know that this is not the typical Lonnie deal since you’re not actually buying the home directly from the private owner, but do you feel this is something a beginner can get into with the park owners. I talked to the park manager but she has no say in anything and everything needs to go through the new park owners. She did say that she didn’t think they would have any issues with what I was wanting to do, as long as that person was buying the home from us and not renting it. She also said we would need to fill out the documents on the purchase as well as the lot rent application to get approved. This has been two months ago and the home that I am interested in 2 br/1bath great lot area, is still sitting there. They are asking 4,500 for it, but I’m sure I can get them to come down on it. Just scared I guess to do my first MH deal.