Mobile Home Investing Podcast · John Fedro

042 Flipping Mobile Homes for Big Bucks While in High School

·39 min·2 clips

A park deal in Egypt turned into a title-company scramble and a $10,000-plus profit.

1. Mobile Home Investing Podcast episode 042 centers on John Fedro talking with Dominic about flipping mobile homes while in high school. 2. John Fedro hosts the show, and Dominic is the guest whose first deals began when he was 16 and who is now 18. 3. The episode asks how a teenager closed 6 mobile-home deals and built a business around them. 4. Dominic says he first wanted to work in the culinary industry, then shifted after watching YouTube videos about real estate investing and mobile homes. 5. He says Rich Dad, Poor Dad, read during sophomore year, changed how he thought about money and pushed him to save and reinvest. 6. Dominic also says he and his brother flipped cars before mobile homes, and he had a little over $10,000 saved when he started. 7. John and Dominic discuss whether side hustles are normal for kids and teens, and Dominic says he sees other young people doing car detailing and similar work. 8. Dominic says he has closed 6 deals, and John notes that those deals likely helped buyers, sellers, and park managers across close to 20 people. 9. Dominic says total profit across the deals is a little over $35,000. 10. He says the first deal was a consignment deal, while the other 5 were cash flips. 11. Dominic says 5 of the 6 homes had to be moved after sale, and only 1 stayed in the park. 12. John says 2022 has been a strong time to sell for cash, and Dominic says many of his leads are homes on land that owners want moved off. 13. Dominic says his biggest surprise was learning that finding deals is most of the work, not fixing homes after purchase. 14. He says the hardest part is getting enough appointments and making enough offers, especially because many park offers were too low and never even got counters. 15. A detailed story about a park home shows Dominic dealing with an owner who left for Egypt, a title issue, and a park manager who agreed to act as the middle person. 16. Dominic says title companies and attorneys were unwilling to handle the structure, but the park manager helped and the deal later became a cash flip around a $28,000 sale price. 17. The conversation feels conversational and mentoring-heavy, with John pressing Dominic for numbers, deal details, and lessons learned. 18. Dominic answers with specific examples from parks, appointments, title problems, and price differences between rural and higher-demand areas. 19. People building a mobile-home side hustle, especially teens. 20. People wanting a polished investing theory instead of deal-by-deal reality.

Listen to the show on

Apple Podcasts Spotify

Play clips from this episode More from Mobile Home Investing Podcast