Mobile Home Investing using Other People's Money (OPM)

Опубликовано: 09 Июнь 2020
на канале: Steve Daria
1,502
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Mobile Home Investing With NO MONEY Using OPM (Other People’s Money) Step By Step

Now in that other video I talked more about actually how to scout out and structure the deals. However I didn’t get too detailed on how to structure the deal with no money using OPM. Other people’s money to invest in mobile homes.

So in this video I am going to talk about 4 main points scouting investors for mobile home investing.

Market knowledge, Attracting Investors, The Investor Presentation, Investor Negotiations

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Disclosure: I am not an attorney, accountant or financial planner. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law and finance. I am a Florida Real Estate Broker Lic# BK3030453.

Your responsibilities are as follows:

Scout out the right mobile home parks.
Scout out the right mobile home deals.
Meet and preview with the sellers.
Come up with renovation list / costs
Negotiate and sign the deal
Prepare the mobile home for rent / sale
Market the mobile home for rent / seller financing
Screen all prospective buyers / tenants
Negotiate and execute the lease / seller financing contracts
Collect payments
Follow up with no payments / evictions if needed.
Fix any ongoing issues is leased
Find more deals.

#MobileHomeInvesting #MobileHomes #OtherPeoplesMoney


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