tag:blogger.com,1999:blog-5883478666124207000.post7323662463047509031..comments2023-07-03T05:19:15.628-07:00Comments on Adventures in Mobile Homes: Investing 101: The Importance of Persistence and Follow UpMobile Home Gurlhttp://www.blogger.com/profile/06034208854558133124noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5883478666124207000.post-55611806509005997532010-08-25T06:45:59.663-07:002010-08-25T06:45:59.663-07:00Glad you enjoyed it Carey, thanks! This business (...Glad you enjoyed it Carey, thanks! This business (like any other) does take a lot of persistence. I think the key is sticking with it. It's been a long road, but it definitely is worth it. Nowadays, it's like I have blinders on - I just stick to the mobile home biz. Everything else I pass on. <br /><br />Regarding funding, it's cash - a combination of the $ being recycled every month, saved cash, and also I have a running list of a few investors I work with who reward me when I find homes and pass on them. Most of these folks are either park owners with smaller parks or have their own land. They are specifically looking for cheaper homes they can fix up and move to their park or land. Most times, they don't mind the older stuff (70s/80s). <br /><br />Since I usually pass on "junkers," it works out. I find most folks out there don't want to or have the time to go out and look at all these homes. Some would rather work with someone who does (like me) and just reward them for their efforts. ;) <br /><br />Usually, the "junkers" I find no one really wants them so it's a win/win situation for the buyer and the seller. <br /><br />Hope that helps, thanks for stopping by! :)Mobile Home Gurlhttps://www.blogger.com/profile/06034208854558133124noreply@blogger.comtag:blogger.com,1999:blog-5883478666124207000.post-8673646442265012372010-08-24T21:17:03.117-07:002010-08-24T21:17:03.117-07:00Wow. Rachel that is awesome and that is an excelle...Wow. Rachel that is awesome and that is an excellent post that I think should be REQUIRED reading for anyone involved in investing, whether it be mh's or sfh's or apartments or what have you.<br /><br />Great, great job with your follow up. My hats off to you.<br /><br />Now, you said you bought the house for 11k. I'm curious as to how you fund your deals? Do you use your own cash? Ira's? LOC? Cash you've saved, etc.? <br /><br />Btw, if that's too personal, just ignore me :-) But I'm curious (or you can email me if you feel better that way.)<br /><br />Again great job!Carey_PAhttp://www.goinflippincrazy.comnoreply@blogger.com