All Forum Posts by: Mike Matthews

I am building a listing service on my site, feel free to join and have a look. Other than that some of the site below are good as well.

It depends on how you sell. YOU DO NOT need a license is you sell Lease Option or Owner Financing, If you retail sale you will.

I just closed my license and I will never have one again. Too much drama and Big Brother involvement.

You can buy and sell homes and use a Mobile Home Power of Attorney to get around the BS Law.

I Good Luck, I just went back to Iraq to make more cash so I can keep more have and hold homes

Shingle, I am curious why do you prefer shingle roof, I like metal roof and metal siding? :mrgreen:

Shingle, I am curious why do you prefer shingle roof, I like metal roof and metal siding?

Shingle, I am curious why do you prefer shingle roof, I like metal roof and metal siding?

Shingle, I am curious why do you prefer shingle roof, I like metal roof and metal siding?

Shingle, I am curious why do you prefer shingle roof, I like metal roof and metal siding?

I guess I see a Lonnie Deal different than other, I still buy cheap and rent to own for 250% plus return. However I won't buy those old homes he mentions. I get them for free all to often. I just can not make an OLD home work for me.

I purchased a 2000 for $7,500 a few days ago. I get 1995's for 4-6 K.

I get mid 80's for free. I think what it is, is that the parks around here that allow these older homes are not parks I like to do business in. To much gang and drug problems for me. People also do not want to buy in them as they know the rep of the parks.

Thanks for the input Mark. I always listen when you speak.

quote=Marc Faulkner]Mike,
I have done a bunch of "Lonnie Deals" and I am not broke yet! I have also traded millions of dollars in mobile home notes and have done a bunch of business with dealers in Texas doing installment sales contracts vs. rent to own or L/O. I would dare say some of these good old boys are flat out rich.... Also I have never been able to place any lease option paper in the secondary market. Since I love having the option of selling my notes and teach that as an exit strategy, I never looked into the subject much. I have had a firm mind set that I always wanted to work with owners verses renters and the headaches that go along with them.
I have recently been asked to research the subject so I am now trying to look at with an open mind. Please note that I am in Michigan and our state requires the buyers of used mobile homes to pay a 6% state sales tax when they buy a mobile home. Title can not be transferred and liens can not be placed without doing this. Now I am finding out that if you do LO's in MI that the state wants to collect a monthly use tax from the contract holder. This sounds like a big pain to me!

Wow Jim you are nice, I sell my forms. Then again I had mine drawn up by a lawyer. I paid so I don't give them out from free.

I sold 3 tonight to one of my focus group students.

Especially my rental agreement, It would make your mouth drool.

County Assessor,

Be sure to check that list, Here in Houston it comes by Land Use Code.

I was exited when I got my list, then I found out 90% of the list was not MH parks at all.

Either way it is a good place to start.

I also just Google, Porter, TX Mobile Home Parks.

You can find a good list to start that way.