Mobile Home Investing Podcast · John Fedro

048 Helping Others and HUGE Profits with Mobile Homes in 2024

·51 min·3 clips

Wayne Jr. says the fear was “the fear of the unknown,” not fight-or-flight danger.

The conversation starts with the appeal of making a year's salary in three weeks. That kind of speed is exciting, but what really matters is that the model works. Jon and his guest keep circling back to the same advice: stay with mobile homes and do not drift into things you do not know what to do with. The guest says he learned the hard way that chasing things he did not know what to do with got him slapped. They describe the business as creative, in the good sense. From there, Jon pushes on how to tell whether a deal is a quick turn or a long-term hold. The answer is straightforward enough to use in the field: look closely at the condition of the home and how much repair work it needs. If a simple paint-and-carpet pass would not make you want to live there, the deal is probably a flip. The guest walks through one early property that was rough from the start. It smelled like years of dog urine, had trash and hair on the floor, and needed cleaning before it could be shown. He used enzyme treatment to get the odor down and make the place presentable. Even then, the numbers pointed to more work than a casual makeover, including plumbing, flooring, and a refrigerator. Jon asks whether he felt embarrassed showing a place like that. The answer is no, because he told people exactly what they were walking into. Transparency is part of the job, not a sales trick. The episode closes with the same plain rule it keeps repeating: if the numbers look right, do it. If the excuse is not real, move forward.

As heard by us

A blunt, practical look at when a mobile-home deal should move fast.

The episode draws a clear line between quick-turn deals and longer holds in mobile home investing, with Jon Fedro centering condition, repair scope, and a simple live-in test as the guide for the exit.

Read the full review in PlayNext →

Why you'd press play

You want a practical way to tell whether a rough mobile-home deal is a fast flip or a long-term hold.

Read the full recommendation in PlayNext →

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