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MHU – The Mobile Home Park Investing Home Study Course Bundle 1 & 2

Archive : MHU – The Mobile Home Park Investing Home Study Course Bundle 1 & 2

The full 24-hour Mobile Home Park Investing CD Series is included in the Mobile Home Park Investment Home Study Course – Bundle 1.
Seven CDs on how to purchase a mobile home park
Five CDs on how to sell a mobile home park
Six CDs on how to run a mobile home park
Six CDs on how to turn around a mobile home park

includes a 675 page PDF download of the CD transcripts so you can follow along as you listen.

AND

Get a copy of our 500-page investment guide on mobile home parks, which covers how to buy, sell, operate, manage, and turn around mobile home parks and mobile homes.
All of our Contracts and Forms for Purchasing and Running a Mobile Home Park
This manual contains the 10/20 Method, a tried-and-true way to profit from mobile home parks.

AND

The Complete Record Of Each Weekly Mentoring Hour Call

BONUS: You will also have access to our weekly mentorship hour since we always want to OVER-DELIVER. Frank, Dave, or both of us will be on the phone at this time to answer inquiries and discuss recent developments in the sector. Once more, the Mobile Home Park Home Study Course is FREE for this. You are free to discuss offers or ask any questions.

How Frank Made A $1,000,000 Profit From A $10,000 Investment In A Mobile Home Park—And How You Can, Too

You could purchase a mobile home park for $10,000, just as I did in 1997 when I acquired my first park just south of Dallas’s central business district. With the seller having a $390,000 loan and no recourse, I paid $400,000 for it with only $10,000 down. It appeared to be a total piece of crap. The lots were tiny, the residents were less than ideal, and the park was littered with rubbish, including abandoned automobiles. The newest home was presumably built around 1980.

At the time, I had no idea that I had been given a wonderful chance. I thought about returning the item to the vendor more than once, especially when I lost my natural gas system. I also thought about doing so occasionally when I was having a poor day and could not see the point of what I was doing.

But what if I persisted, worked to address the issues, found better renters, and raised revenue for the park? a lot. I increased the monthly lot fees from $150 to $385 while slashing every expense possible. For instance, I reduced the monthly cable TV contract from $2,000 to $0 by having the renters pay it, and I cut the garbage expense in half by conducting a competitive bidding process. Along with challenging my property tax assessment, I took proactive steps to cut down on repairs and upkeep.

I sold the park for $1,525,000 over ten years later, making a profit of $1,000,000 over my original investment.

You may follow the identical steps I took on that park using the Mobile Home Park Home Study Course. or the others that came after. Together, Dave and I have spent more than 20 years figuring out how to generate money in mobile home parks, and we have also spent an additional $100,000,000 buying and selling actual parks to get that knowledge.

I genuinely believe that your chances of success without this training are quite slim. Your chances of success are quite great as a result. If I had it to do over again, I would wait until I had read and listened to this course before I even considered purchasing a mobile home park. Never. My learning curve would have been at least five years shorter, and I would have saved a fortune in lost time and money.

You also get access to our mentorship hour once a week when you purchase this course, so you can get ongoing assistance for the ideas presented in these materials.

The proverb “you have to spend money to make money” is well known. With the Mobile Home Park Home Study Course, that has never been truer.

How Dave Began Purchasing Mobile Home Parks Using Credit Card Cash Advances of $60,000 Despite Having No Money

I made the decision to purchase a mobile home park around 12 years ago after witnessing how well my parents’ park in the high mountain town of Fairplay, Colorado, was doing financially. I had recently completed six years of education and was not at all interested in working as a CPA. Despite having little money in the bank, I had decent credit (and alot of it). In Limon, Colorado, I discovered a mobile home park that I could purchase for around $60,000 down. I maxed up my credit cards in order to raise the down payment because I didn’t have the money in the bank.

It was a terrifying period, and most of my family and friends believed I was insane, including my wife. However, the park’s cash flow was strong, and it was able to pay off all of the debts (loans and credit cards). I refinanced the park and paid off all the credit cards around two years later.

What did I do next? In Fort Morgan, Colorado, I discovered another mobile home park to purchase. This one requires a down payment of $75,000… NO ISSUE… I went out and once more maxed up my credit cards to purchase that park.

That was a better bargain than the previous one, and about 15 days after purchasing that park and relocating there with my family to operate the park, I received an offer from one of the park residents who was living in an RV. In addition to offering to pay us an additional $150,000 over what we had recently spent, they also included their fifth wheel trailer.

After selling the park and paying off the credit cards, we had roughly $150,000 in cash to deal with after 30 days.

The proceeds from the sale of this park fed a park-buying machine (ME), and for the past ten years I have been frantically buying, renovating, flipping, and selling parks. I’ve owned roughly 60 mobile home parks thus far, and I now have a stake in more than 15 more.

With so many parks spread throughout several states, I have encountered a variety of enjoyable things in addition to storms, floods, tornadoes, fires, failure of my sewage plant, and faulty water wells. I’ve gained knowledge from all of these situations, and I’m hoping you’ll do the same to maybe avoid some of the major road bumps.

While I do not advise using all of your credit cards, I do suggest finding reputable mobile home parks with a profit. You must purchase parks based on actual occupancy and revenue, not on fanciful forecasts!

You may follow the instructions in the Mobile Home Park Home Study Course to avoid my errors and repeat the strategies that were successful on all of those parks. It is very crucial to purchase the proper park if you are only searching for one or two mobile home parks because the majority of investors are not seeking for the roller coaster ride of 60 parks.

If I had known what worked and what did not work in my industry when I first started, I might have saved anywhere from one to two million dollars.

There have never been more opportunities for me to purchase high-quality parks than there are right now in the last 15 years. Because of the present banking crisis and the increasing need for affordable housing, astute investors are snatching up fantastic prices on parks that have been unavailable for years.

Salepage : MHU – The Mobile Home Park Investing Home Study Course Bundle 1 & 2