BTM160: 5 Most Profitable Mobile Home Investing Strategies with Jay and Samera Harvey
Jay and Samera started their mobile home investing journey in 2017 after losing over $90,000 in unsuccessful real estate deals. In 3 short years, they have completed over 400 mobile home transactions and perfected the process of creating quick cash and cash flow using basic real estate strategies in mobile homes parks.
On today’s episode, we walk through their journey, how they found their niche and how they built a business as a couple that creates their lifestyle design.
Key Points From This Episode:
- How Jay and Samera’s first mentor scammed them out of $30,000
- The starts and failures of so many business before Jay and Samera find Mobile Home Investing
- The path to over 400 successful transactions with trailer homes
- The 5 main strategies for profiting with mobile homes
- Top benefits of mobile home investing in parks
Links Mentioned in Today’s Episode:
Recommended Book:
4 Hour Work Week by Tim Ferriss
High Performance Habits by Brendon Burchard
Listen to these books for free with Audible!
Lifestyle Design App:
BTM145: My Single Favorite Tool to Find Analyze & Market for Real Estate Deals with Burton Alicando
If you are an investor and are tired of subpar data providers, going to the county courthouse, wrongly estimating repair costs or the lack of access to the MLS, then I have a solution for you.
There’s a software that I’ve been using in my business for quite some time now, I’ve fostered its use so much so that instead of the 10 different apps that I used before, I now only need 1 other software (said other software will be explain in detail in an upcoming episode).
For this amazing episode, I brought on Burton Alicando, the Senior Product Specialist for the software that I use to find, analyze and market my real estate deals.
Key Points From This Episode:
- The biggest mistake newbie investors make when pulling lists or choosing a real estate software for their business
- A way around the outdated time consuming way of getting the data you need to make offers
- The misconception that you need a realtor for MLS level data
- A way around the anonymity of non disclosure states and sold prices of homes
- How a newbie investor can be spot on with estimating repair costs
- How you can find, analyze and market to your leads with one tool
This is one of my favorite software tools to date because it does so much in my business. If you are an investor, here are some of the things you can look forward to with this software:
- Generating Leads Lists (with MLS level data) – Pre-foreclosure, vacant, bankruptcy, utility liens and much more
- Vetting Properties – Comparables, mortgage balances, tax info, title research and much more
- Calculating Rehab Costs – Labor/material cost data is sourced at the county-level nationwide so allow the software to guide you through the right renovation budget
- Marketing Tools – Postcards, email marketing, voicemail drops and much more including your own customizable landing page website.
When you sign up, it will come with a full access 7-Day trial to make sure that you absolutely love the software before you pay anything.
Links Mentioned in Today’s Episode:
To learn more visit: beforethemillions.com/deal
BTM143: Top 2020 Real Estate Investing Strategies (Debunked & Explained)
What are the top strategies that new real estate investors should look into this new decade:
Flipping?
Rental properties?
Apartments?
Wholesaling?
Or creative strategies like Owner Financing?
Subject-to?
or maybe even a tenant buyer strategy or two?
On today’s episode, not only will we take a deep dive into each of these strategies but we’ll discuss what’s working in 2020 and how to select a vehicle based on your goals, experience, resources and timeline.
This is a fun filled jam packed episode that is going to expand your thinking when it comes to risk and no money down strategies in real estate as well as serving sellers and buyers as an investor while still making massive profits.
Key Points From This Episode:
- What the Motivated Seller Method (MSM) is and how to implement it today
- How to profitably overpay for properties
- How to get a deal done with any seller in any market
- Massive profit exit strategies for your investments
- The idea of serving
- How Daray navigated through these strategies in the past 4 years
- Another way to use OPM (Other People’s Money)
- How to structure 3 large paydays for every deal
- Cash Flow vs. Lump Sum Cash and how to get both simultaneously
Links Mentioned in Today’s Episode:
BTM130: Listen To This If You Want To Get Started In Real Estate
How do I get started in Real Estate?
How should I begin my investing journey?
How much money do I need to get started?
On this episode of the Before The Millions Podcast, we are answering all of those questions as they pertain to you. You may be overwhelm with all of the real estate strategies or confused as to how to get started but by the end of this episode you will leave with a crystal clear strategy and a commitment to that strategy…
Download this weeks freebie! –> Real Estate Newbie’s Guide here to follow along with the exercises in the episode.
BTM126: Tech Giant Money Partner For Flippers & Landlords with Ross Hamilton
Ross Hamilton started investing in real estate in 2001 at 19 years of age and has personally owned or partnered in hundreds of real estate investments around the US. In his early 20’s, using the profits earned from his real estate investing business, Ross founded ConnectedInvestors online platform. The Connected Investors platform has grown into a real estate investment marketplace and the premier social network of over half a million real estate investors.
His platform is the first company to build a private money marketplace that allows real estate investors to easily get loan offers from multiple private money lenders by simply tapping a few buttons. The tech company facilitates over $3B in fix and flip and buy and hold funding requests each month.
Key Points From This Episode:
- Ross’s transition from BMX to Real Estate
- The emergence of Facebook for Real Estate Investors
- How Ross linked up with the CEO of LendingTree
- How Connected Investors grew to hundreds of thousands of users
- Where to find the best/cheapest private money
- What else to look for in a private money partner
- How to become a private money lender
- How to get private money lenders to fight for your deal
- If you should find funding 1st or the deal 1st
- As a brand new lender, how you should price yourself
- Amazon and Real Estate
- How to find deals in todays market
- Hyper Targeting deals (cheatcode)
Links Mentioned in Today’s Episode:
Recommended Book:
Think and Grow Rich by Napoleon Hill
Listen to this books for free!
Lifestyle Design App: