Episode 95, WE Determine the Value, with Mobile Home Elite Investors

On this episode of the Millionaire Podcast we talk unconventional real estate investing with these mobile home investors (don't call them trailers) from Chicago. This couple did 14 mobile home transactions one year and took the leap of faith to get the ball rolling with a 22% loan and still made a substantial profit. Hear how they purchased two homes for $4300 and sold them for $19,5000. We usually have some dope conversation before and after so this episode has a little bit of the pre convo Key Points From the Show: Somebody is going to tell us yes Be willing to offend with your offer Submit offensive offers Have an investor mindset.. they went and took a trip but realized they needed to focus on the business Found second house for 3k and flipped it for 8500 They try to pay $3k per home with an all in at $5k You can’t invest off of emotion Finding deals off craigslist and letgo Sometimes you can find handyman in the community WE determine the value We create the equity in this Our terms create the value and the equity that we know we are going to receive in the home Mobile Home Elite can be found here: www.mobilehomeeliteinvestors.com @mobilehomeeliteinvestors on Instagram and Facebook Email: [email protected] Youtube - MH Elite Investors Books Mentioned Rich Dad No Excuses Podcast Sponsors: Ericka Williams: bit.ly/2Co0V6N @erickasclassyclimb Twenty 47 Watches: twenty47watches.com @twenty47watches Invest with Terri - @imaninvestor - www.investor101.org Todd Capital: www.gumroad.com/toddcapital