All Forum Posts by: Account Closed

A person at my local real estate club has been promoting judgment investing. She purchased The Complete Guide to Judgment Investing written by Mark Walters from the CashFlowInstitute. I was curious about judgment investing, but have stayed clear from them in the past because I've heard they can be easily wiped out in a foreclosure/bankruptcy.

Any feedback on this type of investing or the eBook?

Thanks James!

I've had great success in purchasing manufactured homes and selling them on payments. It's a process though, so make sure you understand it.

The SAFE act is definitely making waves in the industry. It's crucial that you understand where it applies and where it doesn't.

Does anyone know of any lenders who are financing hud manufactured homes for investors? Everyone I know that's doing this has private money guys.

By the way, do you know anyone who is buying manufactured home notes? I know of a couple who buy them, but they want you to "manage" the note. When I sell a note, I want to sell it and move on.

I buy all my materials from Habitat for Humanity and a local store called Extras. I haggle with the people that unload the items off the trucks too. I got a whole kitchen done for about $100. It's a great place that only the smart mobile home investors know about.

I don't know how you all do it in Texas, but I certainly don't do rent-to-own any more. I actually transfer the title into the new owner's name and list my company as the lienholder. Also, I keep the title until they pay me off.

Interesting story Terry. I guess I am just stubborn on the 2/1s. I only purchase 2/2, 3/1, 3/2 and up. 2/1s take forever to sell. But if you can make them work, that's great!

For all the experienced mobile home investors, what's your business pitch to a park that you want to do business with?