Make a Fortune Investing in Mobile Homes Starting with No Money
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- Опубліковано 21 вер 2024
- It’s a little known fact that mobile home investing provides that highest cash on cash return on average from any form of real estate. It requires extremely low amounts of capital to invest and the profit margins can be huge.
Very few people think of investing in mobile homes or mobile home parks, but it’s not only an extremely lucrative business it’s also a high demand industry. 22 million Americans live in mobile homes and as real estate prices continue to go up nationwide the demand for mobile homes is rising. It’s a billion-dollar industry that shouldn’t be taken lightly.
Byron Sellers and Sharnice Williams of Mobile Home Elite Investors have mastered the mobile home industry. In episode 41 they gave us insight on how anyone can get started investing for as low as $500, they went into detail about the ins and outs of mobile homes and explained the pitfalls to avoid. #Mobilehomeinvesting #Realestate
Discount to Moblie Home Course & Elite Program: www.mobilehomes...
I live in a 3 bedroom 2 bath 16 x 80 mobile home. I paid $17,500 for the home and $10,000 for the land. Paid for. My taxes are roughly $300 a year. I don’t live in a ghetto or a dump. I Refuse to pay $3000 a month just to say I have a house
Carolyn New Mexico
#Facts!!!
Exactly! Smart lady!💯
@Felicia Gibbs I live in New Mexico as well. Where about did you find land for $10k?
Inspiring. thank you for sharing.
3 months ago. I saw this video & heard of the possibility of a trailer home for under $5k. Didn’t even finish the sentence. Got on Facebook, found a house for $3k & went to go look at it the same day. Closed the deal a week later. FIND YOUR LUCK! EVERYTHING HAPPENS FOR A REASON!
So are you going to rent it out or flip it and sell it?
Did you flip it?
My boi I was thinking the same thing what did you search for on face book im trying to get in.
I am currently living in it/ rehabilitating it, to sell at 3x what i put in. I don’t recall what i searched, but i have recorded the whole process. Subscribe to watch the process & good luck to everyone.
Blassie P i would say start with,” mobile homes”, “trailer homes” you need to also search with spelling errors. That’s where the real deals are
"fear of losing $50k a year can stop you from making $50k a month"
That quote was money
Say word!!!!
Money comes and goes and is always replaceable!
Right... I FELT THAT!!!
Kashmere talk!🆙🆙🆙
Running across this was no coincidence
Same here. Everything happen for a reason
Amen ! 🙏🏾
Yes the universe is responsing to my needs.
It's called 'SYNCHRONICITY' FIND OUT WHAT IT MEANS TO ME! YEAH!
I totally agree!
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Damn this is beautiful! I want all of us black people to come together just like this! We can accomplish so much if we each one teach one! ✊🏽✊🏽✊🏽✊🏽
Aaron Williams it’s PHENOMENAL seeing the black community waking up to the frauds that kept that community in poverty! It’s truly a beautiful thing to see! 💛👍🏼
As a whole... i want us Hispanics and Blacks to wake up. We the future
@@nickbarrera374 speaking nothing but FACTS!!!
That's real!!!
Aaron Williams 🙌🏽🙌🏽🙌🏽
I gotta stop watching these without pen and paper. This Class in session
No pen and paper needed... just rewind
@@avibeperson1180 its deeper than that with me
Writing it down assists the brain in retaining information(subconscious mind)...creating neuro pathways for easier remembering
@Hisfavor1 muscle/mind memory
Make it a part of you by writing it down.
I recently bought a mobile home in an upscale community with every amenity you can think of. What they are saying here is legitimate. I sold a huge 1800 sq ft home and bought my mobile home cash. Good deal for financial freedom and gaining control.of your life. I still have a 3bdrm, 2 bath, huge patio and an enclosed porch. No complaints here. Thanks guys.
"Mobile homes isn't real estate. It's real property." Didn't know that. 📝📝📝
It's Chattel.
@@lisapezzella522 Really. I guess that makes sense. Since it's not real property.
The mobile home is ...not the land. You never own the land .... just like you can pay a house off and never actually own it if you don’t pay annual taxes :( they get you either way.
Ballsy Bunny in this country you will always pay taxes period.
Only 2 guarantees in life, death and taxes!
I love that they support each other and grind together as a couple. That's the most powerful medicine any black business couple can have.
I accidentally stumbled across this broadcast. I walked away from the corporate world (good money, but I was miserable) October of this year. I’m currently driving Lyft full time. Which has been a very fearful transition. I’m doing all my R&D for my next move. I know for a FACT, I’m not going back to prison (a 9-5). Congratulations to the couple, & thank you for spreading knowledge. Great Interview!!
You did the best thing.... it is a prison
Victoria are you looking to make $2k a week and help families?
TRUTHurts sorry IKR! I was sentenced to a Federal one. But at least I got a very nice pension & 401k so I don’t ever have to go back!
MR . ASMR EATING ...Thank you!
@@flyguy6999 lol great
If anyone needs a repair person to fix up there mobile homes or regular homes hit me up.. I'm licensed and insured
Trods tool box drop your email address
@trodstoolbox What city and state are you in?
@@swashington6356 I'm in South Florida, but I'll travel if the project is big enough
Trods tool box what area are you in?
@@zeekjohnson919 I'm in Miami Florida
Met this couple last month, they are very giving and knowledgeable. 🙌🏾
Yeah they have a special union
@@EarnYourLeisure How can I get in touch with them the guy and the girl I'm interested in what there doing.?
My wife sent me this while I was at work today and I barely finished my report because my mind was so blown!!!! I told my wife that we are freaking doing this!!!! BTW we are also in the Chicago area so we will be reaching out soon. This vid was awesome and thank you for the info.
How’s it going?
Keep on wwtching these videos while at work and you gonna get fired like i did. Now im here tho and ready to invest
any luck bro im in chicago as well
@@ajduhpp guess it didn't work out so well
Bruh. I didn't think it could get any better after the Trucking episode... clearly I was wrong, these 2 episodes will change lives
thanks for tuning in!
I'll search the page meanwhile post a link to the episode? Thanks fam!
thanks for listening
Earn Your Leisure I live in the Naperville area. I’m very interested in learning more about your program. Since you say mobile homes fall under vehicles, how are they appraised?🤔
@@EarnYourLeisure can you guys provide your info. I'm interested 8036235028
I was raised in a mobile in South Carolina, it’s a way of life. Very refreshing to see the truth about mobile homes, being that it’s always seen in an negative light.
Daddy Sick Sounds I just mentioned that in my post growing up in SC in a mobile home, all this is normal to me lol I’m learning the business side of it with this video
justin woods IKR!
SAME HERE! I would buy a mobile home with myself if land where I currently stay wasn't so high
April Ella ❤️
Me too bruh
My husband and I have a mobile home it’s Our starter house 3/2 open floor plan I love it a blessing to be able to get one. We been in our home now for 2 years if were going to sale it we could Sale for $60,000 after everything is said and done we could walk away with $35,000 Now as of right now we pay $300 lot rent my Mortgage payment is $524 we also have A half of Acre of Land that have Purchased for 10,000 if we were to sale the Land 25,000 it’s all clean off now so we could walk away with $60,000 Now let’s say we move the home on the land and get it all sit up now the price goes up because we would sale it as a Package deal for 85,000.00 that’s cash in hand. I would not never give Another apartment complex our money was Apartments in the area that We are In is very high
This is actually normal down south . A lot of people live on their own land with mobile homes with built in decks ect. I’ve seen luxury ones with 3 door car garages
@soapfanaddict p
I seriously skipped over this video a bunch of times thinking in my head, “I don’t want to deal with no damn mobile homes!” 200% ROI 👀....This is probably the only avenue of real estate I’ve never considered. Thank you to this awesome couple and EYL for this! #BlackLove ❤️🖤💚
This interview changed my life
Bruh!!!🔥🔥🔥
Changed my whole perspective on real estate. I got to get into this game asap.
I've been looking at mobile homes like two weeks, don't know how I got here. Thank you God... LOA
Mine also💫
Mine too! You ever feel some shit outta nowhere that just hit you hard?! This is it!
I love this stuff! I was in mobile homes from 2005 - 2009 with legit one of the most successful mh salesman and investors in the country and top seller on the planet...dude showed me legit awards, sales info and receipts on top of receipts! People made fun of me, but these were dope ass, well built manufactured homes and I learned from one of the best. I led rehabs, assisted in moves, learned site design and set up etc.
Left Texas and only recently got back into it here in Michigan. Again, people shaded tf outta me but I told them "this will quietly pay for my land acquisitions, cannabis start up, set my kids and g-babies up AND provide a much needed service". MHs have done that and more. Now Im learning trading and can take my time expanding my MH business into up and coming rural areas!...LOL yes rural areas in Michigan are becoming "diet suburbs" for folk who desire more peace, space and proximity to big box stores and want to move in quick!
I just found this podcast on a whim. I’m 24 and I appreciate this so much. 💪🏿
thanks for listening
Yessss same!
"He was feeding me positive every day..." he was a KEEPER as she was, nice!!!! POWER TEAM CHRONICLES!!!!💯👏👏💯👏👏💯👏👏💯
This is truth! Just rehabbed a single wide and we have 1100 month pure profit!
Warren Buffett owns the largest mobile home manufacturer? Smart
Samuel Bacote he saw the trend before it was popular. That’s the way the richest folks always do it. 😃
@@Marie-st3pi well I'm jump in this before it bubble like hot gease
Samuel Bacote facts
Invest!
Yes I went to a Real Estate Session in Virginia and heard about this.
I Watched this episode when it 1st came out. One of the 1st EYL videos that I've seen. 2 years later I find myself here again watching this. Must be a sign. 🤔 dropping so much knowledge. Thank you EYL ✊🏾❤💚🖤
I’m 20 , & I’m so ready to get a mobile home but I didn’t know where to start. Thanks for this video.
The funny part for me is some of these questions since I grew up 18+ years in a mobile home, and my mom still has it. It’s like I grew up into all this, I just never knew the business side of it. Ours has lasted 25 years so far and we’ve moved it once and put it back together. We are in SC so we’ve been through all the hurricanes etc etc. the neighborhood has 2 pools, 1 for kids and 1 for 15 and up, basketball court, soccer field, some have tracks to walk/run
What area in SC? Columbia?
They change my views of mobile homes. Wow... I’m impressed with all the 💎💎was giving in this podcast. Very profitable industry
thank you for listening
Omg! Shouts out to Washington Park! I swear I thought about purchasing a mobile home to rehab and flip but I felt discouraged bc I never hear very much about mobile home investing. This is soo encouraging!!💪🏽
Beautiful!! And I love this whole panel interview thing.
Thank y'all!!! So proud!
I love this!! this is how it's suppose to be.. blk men and women coming together creating family, creating wealth, building blk businesses.. this is the only way and it's less scary when your doing it together!! blk love!!, B1st
I have been waiting on this for a Minute!!! Such inspiration to see this couple pushing through and helping others break through as well! Keep Going!
thanks for listening
The key element to thier success is thier relationship...
That part!
Exactly
And it dont hurt that his queen looks like a Christmas present...
Facts!
This interview is so Eye-Opening for not only getting started and supporting your spouse during those times when you back is against the wall. I came into the military because I was scared of the dealings of having to survive in the real world but this just gave me life as I am on my way out. 💪
Finally a video about mobile homes that actually breaks everything down and get the right questions and great answers. This couple is amazing they seem to really know what their doing and they understand what’s needed for people first starting off. Love the interviewers as well they asked all the questions I needed.
6/8/20....YOU. giys are confused. Will Smith has a $2 million RV/Recreational Vehicle that is 2-stories. He has it driven from 1 movie set to the next m A RV is like a BUS---It has a motor & driver's area just so somebody can drive it around.
A MOBILE home---now called MANUFACTURED home---is made in a factory + put on a semi-trailer when it is sold/moved to it's site where it is removed from the trailer & put on the ground---usually on cement block base or poured cement. It remains there & ppl live in it---just like a regular house.
These mobile/manufactured homes have water & heat/ac & sanitation facilities....
4 hands going after 1 goal you can get to the goal quicker. This couple is DOPE & I hope they continue to succeed.
This is very inspiring to me being I'm tired of the 9to5 rat race & tired of numerous layoffs due to company outsourcing. High-5 yall 👍🏿
THIS has been my favorite video so far for multiple reasons! "The First Lady of Mobile Homes" is actually a great moniker to have!! I love that they know their numbers!! Everything about this video was impressive!
Pam... it's bigger than us it's for the ppl.... Praise GOD for you all...wish I knew this 30yrs ago...but thankful and proud of ya'll.❤❤❤
Im in indiana! Just flipped my first one for 15k bought it for 8k.
#2 in buying for 3k and selling for 10k.
Would love to connect with yall i love that yall are right in Chicago not far at all. Been looking to dive into michigan and illinois market. 👌
So when you purchase a mobile home each time through the park, are they running your credit each time
Before ppl go around looking at land to buy to build a mobile home park on. Understand that 97% of cities and towns don't and won't approve of a new MHP within their limits. So you'd have to go make one out in the remote area which would most likly defeat the purpose of having a mhp unless you have crazy money for advertising it.
13:00 start the jewels
Man when yall talk about having trust in each other! It's a IMPORTANT and BEAUTIFUL thing! Congratulations to you both!
Love to see young successful black folks!! Doing their thing. Master mathematicians and business people!! 🙌🏾🙏🏾🙌🏾 God bless y’all!
Albany NY here, being born and raised here I know mobile homes is how I want to start my real estate investing portfolio. Thank y’all for the gems !
I live in Mobile home in Al. It is finances thru Wells Fargo @6%. Owe less than 15k. I had considered refinancing a year or so ago. Currently title is real property but all mobile homes now have to title as real estate. My tax is120/yr. Not inviting that tax increase until absolutely necessary. Once it is paid off I am going to sell and hold the note. That way I am not a landlord. Same way i did with a property my dad left when he passed.
My home is stick built. I hate that everything is mobile home specific. Csnt go to buy a door at homr depot. Have to find a mobile home supply
I like this couple. No tension. No stress. Just teamwork and respect. At 5:40 look at her response to the props he is giving her. She looks at him and thinks, "I love this man". The business thing is cool. The love ...priceless.
I love the Movement!!! You brothers are operating in a much needed space . Good looking on the education and the giveback.
Love this man!!!!
We appreciate you listening
Mobile homes get a bad rep Every time you hear mobile homes you think “trailer park” but I’ve seen beautiful mobile homes 3 and 4 bedrooms really nice homes
Lol they just talked about this
Unfortunately in the part of illinois where im at lot fees are 300 a month
Kentucky dream homes makes manufactured homes that you wouldn’t be able to tell them apart from a built home if sat side by side
Chi-town"Southside"it's good to hear something positive brother and sister doing their thing most the time it's negative...
She is a VERY intelligent business woman. Outstanding Video. Great couple. Definitely going to be extremely successful. Keep investing.
They both are intellectual individuals. So informative. 💖💖💖💖💓💓💓💯💯💯💯💯💣🗝️🗝️🗝️🗝️
Desiree Burton IKR! These are the sharpest, most articulate, black couple I’ve seen selling ANYTHING! And they break it down in plain English, so anyone can understand.
A lot of mobile homes in Georgia and in the south. I got to get on this
I'm in Gwinnett and see a ton
Oh really how can we link up on this?
@@TheChampionmarketer me too where at in gwinnett you at man i got 2 acres of vacant land zoned for mobile home lets link up my ig @ralotv
I have mobile homes in Hinesville,Georgia. Follow my ig @crownedelite89.
@@ralo390 Im in Atlanta as well. You purchasing homes or being a property manger as I'm intrested.
I have a Double Wide Trailer 4bdrms 2bths under contract in Georgia for $55k sitting on 3.6 Acres.
That land too💴😳🎱
Wowww definitely a GAME CHANGER! They giving much knowledge... gotta invest, invest, invest❤️❤️❤️❤️
Man y'all's questions was on point💯✊🏿
i came across the vid last week and didn't view it. bit today i came across it again and viewed it. my eyes are now opened. i had no idea of the real estate value in mobile homes. i live in palmdale, cali, approx 1 1/2 hrs from los anageles. i wanted to be a real estate investor in SFH years ago when i was a real estate mortgage loan officer years back. i am self employed recently and i think i will investigate this even more especially in areas of california. so thanks!
I have been displaced for 3 years & I am aware of homeless people sleeping in tents here in Richmond Va. I would love to invest in Homes to get the homeless off the streets because I have learned that there are so many hoops that you have to jump through when you are dealing with the government
APTTMH - much love fam, it’s our time to eat and take care of one another. Break these shackles and build! Many blessings for the info.
What the heck is this gem that just fell into my lap? Definitely wasn't searching for this on YT but now, I'm absolutely interested!
I love watching these guys! Shout out to my HBCU but I have learned more about finances and life watching you two! I live in Hyde Park so it's so refreshing and oh so eye opening to hear this couple giving this valuable information! I think you just changed my life in 1 video!! Y'all dope❤❤❤
I bought one and put it on a city lot. Bought at $10,000 (way too high). And the lot I put it on was ($20,000) way too high. Been renting to pay the note. Will be paid off in 4 more years. I had meant to owner finance.
Bad math on that million dollar park with 50 pads. One million divided by 50 equals equals 20,000 for each pad divided by 12 months equals 1600 you would have to get a month for pad rent. That not flying in a year, so at 350 a month, it is almost 4 75 years to pay for the park
Love you guys bruh
I'm latino and I feel the struggles in life and thanks for your positive energy 💯🥂🇺🇾🇲🇽😎
They have some great information and they have big hearts for the people. They only thing is I didn’t hear anything about how you do it WITHOUT money, other than that they are AWESOME 👏🏾♥️👏🏾♥️💯
Yall have no idea how much you are a blessing and appreciated!
It crazy because I watched this video when it first came out. Last month a trailer fell in my lap for 4k! A month later it is now rented.
I'm impressed. Obviously enthusiastic, and folk who have studied this industry with tremendous focus. I'm eager to learn more.
Good for you for sticking to it, good for you for standing together, and as a woman thank you for recognizing her loyalty and thank you for standing strong as a woman instead of chasing some random with money. You deserve your success and are great for sharing the knowledge with others.
Absolutely powerful! Thank you for sharing. Very proud to see a young Black couple grinding. We are inspired to expand our project for the Diaspora to the US and this knowledge came just in time. 🙏🏾❤️🌍
This Is the literally the definition of "I'ma put you on"
I’m not African American but I love how these guys give out some good information on things a lot of people who aren’t African have the same issues these people do I love the content thank you very much for the learning opportunity 💚
Wow I have a mobile home just sitting there behind my house, needs minor work. I guess I better start flipping it or renting it.
I was offered to buy a mobile home that I was renting. And the one next to me was for sale$20k.
But do to spiteful women and Karen's of the world. I lost my $62k a year job when a woman made a false police report.
It's hard to make money with no money...
Ahmad Gray sorry for your loss
Thank you Byron & Sharnice for sharing this knowledge.
THANK YOU so much for the gem. I will come back and watch this again. $345/mo mobile home rent and the renters paid their own lot rent right? 750% ROI, woww
IKR 🗝️💰🗝️💰
My guy Byron! We used to work in Transportation together! Glad to see you on here and doing better than ever, Fam. Love!
This entire interview was so well played. I found the questions so thoughtful. Thanks for the inspiration.
Great info! But where in the world are they finding Mobile homes for 5k and under...all the ones I'm finding in metro Detroit are 10k and up! Or are they finding them all over the U.S or something?
Just came across this video and my God am I glad I did. Currently ridding my debt, and only have my car to pay off (10,000). I've been researching how to gain assets for a short while now. I have no credit card or student loan debt. I appreciate this information and hope investing in Florida is just as lucrative. I have a lot to learn!! Thank you for posting!!
The hosts are a bit confused about mobile homes vs RV's and trailers. Simplistically a mobile home is a box that really looks like a house and it is relatively bid when compared to an RV / trailer. RV have engines and on the move, trailers are towed and on the move. Mobile homes are towed and NOT moved for years or ever!!!
Thank you for this beautiful info. I relocated back to the south ( South Carolina) and remeber years ago a lady told me she invested into mobile homes and loved it. I feel it is my time to make this move. Thanks again. Love 💖💕💖
Good luck !!
@@EarnYourLeisure Thank you 😉 Btw, really appreciate what y'all do.
In SC as well we have a gold mine for opportunity
@@Sefjenkins im in Augusta and Atl area
YALL SHOULD COME DOWN SOUTH ITS VERY POPULAR BUYING MOBILE HOMES IN RURAL AREAS. MOST OF THEM ARE VERY NICE.
I'm glad I came across you guys Podcast/ UA-cam channel. It's probably been one of the best things I've done 🤣 keep up the great work 💯💯
I love this!!!! Black love + black business + black wealth!!! Yaaaassss
I love seeing "us" coming together in business. Property Owners, I love it! I've worked on credit reports for my husband and I for 3 years. Misled by credit repair If you want to implement the blue print spoken here today but have credit issues, IM me to hear options.
Crazy how when you look for ways to flip your money. You run into some good info like this
Staten Island is a unique situation homes on staten island are very expensive almost every hood on the island is going through a gentrification process. Theres a conscious effort being made right now to upgrade the retail and tourism experience. The newly buit outlet mall, hotels and luxury apartments are all being added to the north shore close to the staten island ferry. Mobile homes are selling for 100-150k.
thanks for the information!
They need to get those thugs out of there.
They need to get those thugs out of there.
I'm following this couple. Just heard about them yesterday and this is my fifth video. Game plan activated.
Thanks for sharing!!
This is definitely something I would love to learn more about and start putting into play. I'd love to learn more about how to find these mobile homes. Would love to find a mentor as well. Anyone of y'all be willing to take a 45 year old with no savings under their wing? I'm in San Antonio. I literally can't keep working manual labor for the rest of my life. You guys are awesome!
I suggest taking the webinar to get started. It's like a virtual mentor
DO NOT I repeat DO NOT start in the mobile home industry with no money. You should save at least 5k
Which is more profitable? Modular or manufactured?
I'm just trynna figure out where they're finding mobile homes for 500 to 5000 ?????
Right
I literally just googled mobile homes for sale and saw 2 in my area for $6,000. I was shocked.
www.zillow.com/homedetails/312-Ashwood-Dr-Elyria-OH-44035/2084051530_zpid/
They researched all over
Craigslist, especially in smaller towns. They are everywhere. You can also put out an ad (craigslist, local newspaper, make signs, social media, etc) that you are buying mobile homes. Also talk to park managers they might know someone wanting to sell or send you in the right direction. . The possibilities are endless. This video got my mind working lol.
I JUST LOVE hearing these kinds of stories!!! It gives me so much hope for myself as well! Thank you all for sharing, congrats on your successes!!!
This podcast is a blessing to me 😊
Excellent video💚💚💚 I watched the 2022 video right before this one. I hate I'm getting this information late my 4 Lots are all under 1/2 acre now it's time to upgrade💯💯💯
How much money did you have to invest when you first started? $500-1000?
GREAT content. Thanks for the knowledge. Knowledge reigns supreme.
This was actually one of my favorites so far! Thanks for everything you guys do!! 💯
Great to have a strong black woman by your side...Wish I had that
Thank you so much for sharing your wisdom. I'm excited about the opportunity. My question however is when you are acting as a bank and the purchaser refuses to pay or even worse moves the property before the completion of the term how can you protect your asset?
Here in Virgina Beach the market for mobile/modular homes is crazy. Owners do not understand that it depreciates so they are selling homes that from the 90s to early 20’s for $20,000 or more.