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Updated almost 12 years ago on . Most recent reply

User Stats

99
Posts
63
Votes
Sam Parkins
  • Contractor
  • Charlottesville, VA
63
Votes |
99
Posts

"Lonnie" Mobile Home Deals

Sam Parkins
  • Contractor
  • Charlottesville, VA
Posted

Just curious as to what variation of Lonnie deals other folks out there are performing? I run an investor model of the deals as a variation, just wondering if others are doing the deals and have modified it in any other way I haven't thought of doing...

Thanks,

Blue Ridge Mobile Homes

Most Popular Reply

User Stats

99
Posts
63
Votes
Sam Parkins
  • Contractor
  • Charlottesville, VA
63
Votes |
99
Posts
Sam Parkins
  • Contractor
  • Charlottesville, VA
Replied

If I implied that I wanted to enforce terms of a non compliant contract then I am sorry it came out like that. I don't know how that inference might have been drawn but if that was my stance I would have lmao also!

Again, the post, and many others on here, was meant to illicit ideas about how to keep the mobile home investing ideas flowing.

Obviously the "times are changing" in the mobile home landscape and I certainly want to be compliant as well as suggest to all others on here to be compliant. I have done extensive research on my own as well as with multiple attorney's to "figure" out this landscape. I suggest to all others to stay compliant and get the proper licenses and cert. as well.

The fact is, and this will always be my motivation, and I don't say this in jest or with any reserve, is that people need help out there for affordable housing. I've tried very hard to help and will bend over backwards to try to do so, sometimes at a monetary loss. Sure I'm making money as a whole, but isn't the best money made when you can provide help and services, and at a minimum at least believe in what your doing?

I take a LOT of pride in my business and want to help change the landscape in the industry to shed a positive light on those that invest in mobile homes and real estate in general.

As I have read on this blog, it doesn't seem like there are too many investors out there producing volume on mobile home investments (comparatively to other niches). If someone had a fully legal "twist" on the model I would have loved to have heard about it. And all I was saying is that I have a slight "twist" on the Lonnie model, though it's not rocket science at all. It's using OPM to produce volume of deals. If other's are doing the same, I'd like to talk to them about their experiences. If not, anything else similar would be intriguing.

It seems much easier to team up with others for help and ideas rather than hoard and turn away from collaboration. Further, if someone were in my market doing the same I'd love to collaborate with them even further to pitch properties to each other and pass along buyers, etc. to where all can benefit and moreover provide the HELP and service to the buyers and sellers out there in the industry.

I wasn't intending to grandstand here or take the podium, but I'll take the opportunity to say that it seems MOST of the replies and topics on the mobile home world are now involved around the compliance issues. And I get it, it's a huge deal and relevant now. The tone of my original post was very innocent and the first two replies followed as such. I never imagined being on such a popular and useful site would have then elicited the negative energy that then followed.

Here are the facts. I don't have a "PRODUCT". I'm not PITCHING anything. I came across this site a while back and thought it was a GREAT idea for the purposes of collaboration I previously mentioned. I ONLY wanted to discuss the business and models of such with this post and to give back. I've learned a LOT about mobile homes in a short time and wanted to collaborate with others. I know there are MANY!!! other posts in forums about the pitfalls of mobile home investing. There are also many other posts about the strategies, and I was NOT intending for this to be about circumventing anything. If I invested in single family homes, the post would have read, "I use private money to do deals, does anyone else? Tell me about your strategies". It was not intended to say "I use private money to flip houses even though that just became illegal; I found I can skirt the law and I'll ride the wave of fortunes until someone comes knocking on my door. Anyone else want to talk about how to intelligently break the law?"

I'm not claiming to be the expert in mobile home investing AT ALL. However, from what I'm finding and maybe because a lack of others in the industry is that I do at least have enough knowledge to help others. I'm a big boy and can handle responses, but for the good of this site and the forums, I would only say to please try to take the stance of HELPING others before assuming a post was meant to be deceitful and dishonest.

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