What I have found - Posted by Dirk Roach
Posted by Dirk Roach on February 07, 2000 at 14:37:01:
A few things that I LOVE to see are Hand written For Sale Signs. If the look messy all the better.
Another great trick that I have done, many, many times, is look for eviction notices taped to the doors of homes. Once I find and eviction notice, I tape one of my business cards (that have my name, number and “Problem Solver” printed on them) on top of the eviction notice. So when these folks come home and see that they have a problem taped to their door, they also find that they have a solution also taped there. I have bought a lot of MH’s that didn’t even have a For Slae sign on them, that way.
Lonnie has some great ideas in his book Deals on Wheels for finding homes too. I have used the wrong address scenerio many times too.
I have bought a few MH’s from newspaper ads, (maybe 5% of all the MH’s I have done), and I even one time bought one from an internet ad. Actually my mom came across it and called me up to tell me about it. Anyway I still gave her a finders fee.
However the majority of MH’s that I do is from simply being out in the parks (around 85% of the deals that I have done). Also I get turned onto deals because I have many Park Managers in my corner too.
In the beginning I did run ads saying that I BUY MH’s, however I mostly got a bunch of “upside down” folks calling. Even had a guy call from an oil platform one time off of New Orleans. However I rarely made any money on these deals, and basically wasted a bunch of time. Time I could have been using more effectively.
So my advice would be to get in good with some PM’s (park managers). And get out into the parks.
In one of your previous posts you stated that you where hitting Oakland County. I would try Macomb (Mt Clemens etc. Up in that area) and even Wayne. Down in Westland, the down river area etc) I feel there are probably a ton of deals.
These areas are notorious for having a transitory population. What that means, is folks tend to move a lot. Probably some motivated sellers down there.
The parks in the Madison heights/ Centerline area (if my memory serves me right) tend to be rental parks, and I would stay out of those.
Although back in the day, when I thought all of this Creative stuff was akin to Amway, my now wife Jeanne did find a couple of MH’s selling for as little as $50.00 bucks. (She had read Lonnie’s books, been to a convention, in Las Vegas, and was trying to get me interested, of course I was too busy working a job, to be bothered; Boy was I dumb). So there are deals around, you just have to look in the right areas.
Anyhow good luck, and get out into the trenches.