Mobile Home Investing Podcast · John Fedro

060 Chris makes money helping mobile home sellers and buyers

·39 min·2 clips

Chris says $2,000 a month was enough to quit a factory job during COVID.

1. Mobile Home Investing Podcast episode 060 centers on Chris and his mobile home investing work in East Tennessee. 2. Jon Fedro hosts the episode, and Chris introduces himself as an active full-time mobile home investor with five years of experience. 3. The episode asks how Chris makes money helping mobile home sellers and buyers while staying full time in the business. 4. Chris says he found mobile home investing on YouTube, started in October 2019, and used it as a proof of concept. 5. He says his first deal took about two months to find and another two and a half months to close. 6. That first deal was a consignment-style transaction for about $6,000, and he says he made about $1,000 on it. 7. Chris says he went full time in May or June 2020 after working in a factory job during COVID. 8. He says a park owner told him that making about $2,000 a month meant he only needed one or two deals. 9. Chris says a kidney stone, unplanned PTO, and a performance improvement plan made the factory job feel unsustainable. 10. He describes his average day as marketing, lead generation, websites, park outreach, appointments, negotiating, and screening tenant buyers or payment buyers. 11. Chris says the bulk of his business is quick cash turns, including repairs, as-is sales, and homes that must be moved. 12. He says he has also done some payment deals and is watching a problem property go through final checks before sale. 13. Chris identifies age, condition, distance to a metro, and the condition of the park as major deal filters. 14. He says one problem property was in the Tri-Cities of Tennessee, in a slower market than Knoxville. 15. He says that park had vacant homes, run-down homes, cap problems, gravel roads, and roughly one-star or two-star conditions. 16. Chris says he has done full rehabs, including one with floors and plumbing work, but he tries not to spend time away from his next 30 to 45 days of money. 17. He says he is comfortable selling handyman specials as long as he discloses what he knows and tells buyers when a home is as-is. 18. The episode also covers partner risk, and Chris compares business partnerships to a marriage that can sour if values and stress handling do not match. 19. Chris says people who like persistence, adaptation, and direct marketing would get the most from this episode. 20. People looking for a polished sales pitch or a passive-income story would probably skip it.

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