Mobile home investing

[Alvonta Flemings]

I’ve been taking action, I posted Craigslist ads and ghost ads, and put out bandit signs. I have buyers. The only thing that is holding me back is not enough funds, and talking to park managers . I have no clue how to approach park managers or what to say. I don’t want to have a bad first impression. Should I get business cards so I look more professional? In need of help I’m only 18 I don’t want them to take me as a joke.

[John Fedro]

Hi Alvonta Flemings,

Glad to have you here. First things first, great job being interested in investing so early in life. You have a long future ahead of you. With that said, don’t feel like you have to rush into anything too soon. Make sure to ask a lot of questions and understand things before moving forward. 

I felt like I was being perceived as too young for the first 10 years investing. What I learned is that it is tough to say the wrong thing to the right seller. Also, once the seller knows how much you care and are willing to help they will certainly listen. Plus as long as you have the money or can get the money than they are likely happy to work with you. But let's remember that some people are just jerks. Push past this fear, it is worth it. It helps when you envision and act that you work with a small size investment company and have some bosses. At any age this business takes a ton of determination and guts. And when you’re 18 it takes extra guts.

If I am understanding you correctly you are looking to introduce yourself and purchase individual homes in the community. If I am correct then there's an older video you can check out here with one strategy to introduce yourself to managers. https://youtu.be/KlFLxljOI60 

When it comes to business cards they're certainly helpful however not needed. Do not let them be a crutch. Make sure to follow up with park managers and do not simply trust that because they have your business card they will remember who you are. I hope this all helps and starts to point you in the right direction. Feel free to keep in touch. There are a lot of knowledgeable folks on the site that are happy to help if you have questions. All the best.

Talk soon,
John