Random discussion about various business models in the room (hard money, mobile homes, development, etc.)My broker also gave us some insight about the local economy.This seemed to work pretty well, but I would like to start doing topic-based meetings at some point where I can invite local experts to give a short dog and pony before we do a format similar to the above.

Their idea of a relationship is generally to get as much of the wallet as possible and reduce the risk in the loan.

For example: mobile home parks, self storage, Senior assisted living.

Start with a single focus and become an expert at that before trying to understand everything.I also think you should hold on to your wallet and get the basics down before you try and spend money on all sorts of bells and whistles...

I am looking at a mobile home park.

Basically I want to wholesale first, lease option on mobile homes and then move up to rehabbing and building capital and then slowly buying rental properties.

Anyways, they got the wheels turning on investing in mobile homes.

Around me I have a fairly good relationship with a Realtor, Mobile Home Investor, Landlord, Rehabber, and I am starting a REIA to seek out a wholesaler.

Don't know much about mobile homes.

This is in TX btw.http://www.lonestarlandlaw.com/Asset-Protect.htmlI'm making preparations to get kicked off doing mobile homes.