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All Forum Posts by: Rachel H.

Rachel H. has started 9 posts and replied 3528 times.

Post: Pre fab Homes

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Matthew Gentile It will depend on the area for sure. 

In most major cities, it's pretty challenging to work with these types of homes from a zoning standpoint. Many do not allow it due to the city wanting to focus more on higher-priced real estate asset classes such as single-family homes, apartment buildings, etc. Though, it's worth looking into. 

Also, you may want to check outside the city which may give you more options. Usually, if you're dealing with the county (outside major cities) it's easier from a zoning perspective. 

Hope that helps! 

Post: real estate investor

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Ana White Great to hear about your deal, congrats!

Interesting how you made this deal because you bought a new mobile home. I work with mobile home dealerships and many of their customers end upgrading to new homes while selling their used homes. There are generations of families who have bought, lived and sold mobile homes for sure. 

Thanks for sharing! 

Post: Land Flipping Beginner

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Ian Radcliffe Regarding your question, I think it depends on the individual. Yes, the information is out there. It's just a matter of finding it and putting it all together. 

What a course does is put everything together sharing the stories and experiences of someone who has done it. Personally, I've bought plenty of real estate courses in the past. Some have been great while others not so good. 

Though, I'd say - there were some things I learned in these courses that saved me both time and money. I don't think there's a perfect course out there with all of the information you need. Though, it's a start. 

As long as you do your own due diligence on the course and the instructor teaching it, it may be worthwhile if you don't have the time to go out and find all of the information yourself. Also, you have the person teaching it as a resource should you need additional help in the future (depending on the course). 

If you're interested, feel free to DM and I can send you some land flipping resources for beginners. 

Hope that helps! 

Post: Vermont STR slow money STR

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Paul Meyer Great to hear, congrats! 

Post: My First Fix and Flip

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Tarn Brar Congrats on the deal! 

Would be great to see before and after pics once the deal is done, if you have them. 

Thanks for sharing! 

@Luis Valles I've added wholesaling mobile homes to my business, if you're interested. 

Feel free to DM with any questions. Hope that helps! 

Post: Manufactured/Mobile Home Chattel Lending

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Crystal Schmitz Those I've known to go this route have worked with private lenders in the past for their deals on a smaller scale. Other options include owner financing and working with partners. 

Hope that helps! 

Post: Mobile Home Park Lending Tips and Suggestions

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Zachary Crosby Other options including owner financing, working with partners and private lenders. Hope that helps! 

Post: Selling a mobile home rented land in TX

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Jose Vasquez Dickson You may want to reach out to a few mobile home dealerships in the area. In the past, I've found them to be good sources of referrals when it comes to real estate agent who specialize in working with sellers with land as well as mobile homes. 

Hope that helps! 

Post: Mobile home investing

Rachel H.#2 Mobile Home Park Investing ContributorPosted
  • San Antonio, TX
  • Posts 3,696
  • Votes 1,501

@Barb Knowles If you're just starting out, you may want to build up more cash before you start buying and holding if funds are low. If you can find other mobile home investors to work with in your area, you may want to start out by finding deals for other investors and getting paid as a bird dog or wholesaler. 

Personally, I started out as a buy and hold mobile home investor back in 2007. Now, I've added wholesaling mobile homes to my business which is another way to build up cash as an investor. 

Overall, mobile home investing has been profitable and has paid off. Though, it does have its ups and downs like any other niche in real estate investing. 

Feel free to DM with any questions. Hope that helps!