All Forum Posts by: Mike Matthews

I am going to make a lot of enemies by saying this but I believe it is 100% truth.

You don't need to pursue Lonnie Deals. Once your name is out there in your community as a Mobile Home Buyer. You will get Lonnie Deals for Free. As of this month we had 2 Lonnie Deal mobile homes gave to us for FREE.. All that was required was that we moved them off of the land.

I have my best success with selling all of my homes through a park manager. I find it is the cheapest and fastest way.

I have adds that run all year long in several news papers the run in towns within 100miles of Houston TX. I also run some very small adds in local more expensive newspapers. I always have a 1996 Redman 3,2,2 16 x 76 for sale at $15,000 cash or with owner financing.

I sold my last home in 3 days. I honestly had over 30 families come and look. I would have sold it to the first 10 couples but it was a Sunday and no one could get out there cash out of a bank. I found a buyer that had cash on Sunday night and it was gone. That was an easy 8K in my back pocket.

I will never sell that Redman. it has made me to much money.

Yea I have some advice. Hope that some kids burn it down after you have insurance on it.

I won't touch a home that old. But that is just me and the rules I follow.

I agree with you 100% My Grammer could use some work. I remember I hated english in school and I still have no real interest in it today. I will hire en editor for the future. thanks for pointing it out.

LET THE WORLD KNOW, My grammer is less than perfect, but my methods work magic.

quote=Steve Babiak]Mike,

I don't do MH, but I did read your "book chapter" posting. I would suggest you have somebody (say an editor) polish the grammar a bit. You have used the word "to" where the intent was to use "too" from the context of what is being said. In another place, you have used "pursing" where you meant "pursuing". These are kind of nit-picky maybe, but the spell-checker software still isn't as good as a the properly trained/educated human when it comes to grammar.

Sounds Good I will Check out what you say. Thanks for the info. I will give it a look soon.

BTW I have bought 2 mobiles and 1 land home since my last post on this sight. All personal sales all 50% of retail value.

Like everything It qll depends on how well you buy.

I would not suggest buying a Park untill you know the mobile Home aspect of it.

I sent you that questionnaire. Did you ever get that info for me?

Marc, I do not know anything about Michigan and I guess you don't know so much about Houston, TX. America is BIG country.

Now Selling all depends on How you sell. Do you Retail Sell? or do you rent to own, That is the question. And I have homes in parks with over 300 lots and only 1 or 2 vacancies and they sell lease option. So I would say that the wise parks allow in investors.

No why do I pay the lot rent? I add it to the Monthly payments that the tenant/buyer pays to me. I always write the check and give it to the park owners/manager

The park NEVER has to worry about getting any of their money from my tenant. I come in and pay for all of the lot rents at one time. I make the payments so they have MUCH less headache. And they know they will get their money. Come the morning of the 5th. The park manager is putting out 3 day notices on the doors. If she does not have a check dropped off for me, She does not mind putting up a 3 day vacate notice on my bad tenants door for me.

She gets paid no matter what.

I
n fact several parks give me free lot rent when I move my homes into their parks until I have a tenant buyer. They want me in their parks. I am easy money to them. Does that make since?

PLEASE DEFINE OLDER, That can be a scary word. 50's, 60's 70's 80's.

I need to know please.