Buying and Holding The Mobile Home Investing Way with Byron Sellers

In this episode of The #DoItMovement® Podcast, host Martine Richardson and co-host Lori Eubanks interview Byron Sellers, a mobile home investing expert. Byron shares his journey into mobile home investing, discussing the challenges he faced, the importance of mindset, and the strategies he used to fund his deals. The conversation covers various aspects of mobile home investing, including finding deals, managing properties, understanding evictions, and insurance considerations. Byron also provides actionable steps for aspiring investors and emphasizes the potential of mobile homes as a viable investment option.

Takeaways

• Mobile home investing can change lives.
• Mindset is crucial for success in real estate.
• Funding can come from high-interest loans if necessary.
• Partnerships can significantly impact success.
• Finding deals on platforms like Facebook Marketplace is effective.
• Managing properties requires hands-on involvement initially.
• Eviction processes are similar to traditional real estate.
• Insurance for mobile home parks can be complex.
• Investing in mobile homes with land can be lucrative.
• Always make offers that work for you, not the seller.

Titles

• Understanding Evictions in Mobile Home Parks
• Insurance Insights for Mobile Home Investors

Sound Bites

• "This podcast changed so many people's lives."
• "I got into it by accident."
• "I was fired the day I was supposed to close."

Chapters

00:00Introduction to Mobile