One Hundred Thousand, Texas-Nebraska - Posted by Sandy

import · March 10, 2006, 5:27am

Posted by Sandy on March 10, 2006 at 07:15:41:

Thank you so much, Have a great day.
Sandy

import · March 10, 2006, 5:27am

Posted by Sandy on March 10, 2006 at 06:27:53:

Hello, If you had 100,000 to invest in mobile homes how would you do it?

I have the lonnie books, but would it be better to just buy 25 or 30 mobile homes bam right now? or
try to aquire them 1 or 2 a month? Maybe 1/2 in parks the other 1/2 with land deals? any advantages or disadvantages
to doing these in Texas. I am in Nebraska but moving to Texas June 1st. (This is my excuse for not Getting Off The
Couch) Thank you for your time.
Sandy

import · March 13, 2006, 9:15pm

Re: One Hundred Thousand, Texas-Nebraska - Posted by roger - texas

Posted by roger - texas on March 13, 2006 at 22:15:47:

Sandy, Where will you be moving to in Texas? I am in Houston and would be glad to help if I can.

import · March 10, 2006, 5:56am

Re: One Hundred Thousand, Texas-Nebraska - Posted by Tony Colella

Posted by Tony Colella on March 10, 2006 at 06:56:34:

A hundred grand is hard to keep spinning doing just Lonnie deals. The more we do, the better we get and the less we pay.

There is no one answer that fits everyone. If you are new to mobile homes, then a few Lonnie deals would be an ideal way to get to know the business, know the market and know the people while making a profit.

From there I would look for land/home and park deals but that’s just me. By combining real estate with mobile homes in your portfolio you provide yourself access to more cash through equity capture and refi’s to do more deals.

Tony