cover of episode 596: The 3 Ways to Find Profitable Properties that Big Investors Won’t Touch w/Amanda Cruise

596: The 3 Ways to Find Profitable Properties that Big Investors Won’t Touch w/Amanda Cruise

Publish Date: 2022/4/14
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BiggerPockets Real Estate Podcast

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    <p><a href="https://www.biggerpockets.com/blog/8-benefits-mobile-home-park-investing"><strong>Mobile home park investing</strong></a> wasn’t very attractive until a few years ago. Thanks to big names in the mobile home park space (like <strong>BiggerPockets’ own Brandon Turner</strong>), the mobile home investing game has become one of the hottest commodities in the world of real estate investing. But it must take a huge jump to go from investing in single-family rentals to double-digit-unit parks, right?</p><p>Today’s guest, <a href="https://www.biggerpockets.com/users/amandacruise"><strong>Amanda Cruise</strong></a>, is here to tell you that bigger doesn’t always mean more challenging. She actually <strong>got out of single-family rental investing due to the non-stop headaches</strong> of dealing with contractors, <a href="https://www.biggerpockets.com/blog/property-manager-tasks">property managers</a>, and tenant maintenance problems. She started doing “<strong>Lonnie Deals</strong>” where she would <strong>seller-finance mobile homes </strong>to local buyers. Soon, after enough success, she moved on to tackling entire mobile home parks!</p><p>But how did Amanda <strong>beat out the competition</strong> when the mobile home park space is so hot? Thankfully, Amanda shares her<strong> three top tips on getting around institutional investors </strong>so you can purchase cash-flowing mobile home parks, without the headaches of syndicating or raising vast amounts of capital.</p><p><strong>In This Episode We Cover:</strong></p><p>“Lonnie Deals” and <a href="https://www.biggerpockets.com/blog/2013-11-05-seller-financing"><strong>seller financing</strong></a><strong> mobile homes</strong> for profit</p><p>Why <strong>changing title on a mobile home</strong> is <strong>far easier </strong>than on a traditional home</p><p><a href="https://www.biggerpockets.com/blog/find-motivated-seller"><strong>Finding motivated sellers</strong></a> and how to slide under the radar of institutional investors</p><p>Scaling your team and the <strong>“must-have” roles when buying mobile home parks</strong></p><p>The not-so-<strong>secret way to get a list of mobile home park owner</strong>s in your area</p><p>The true <strong>“value-add” opportunities</strong> to look for in a mobile home park</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show:</strong></p><p><a href="https://www.craigslist.org">Craigslist</a></p><p><a href="https://www.facebook.com/marketplace/">Facebook Marketplace</a></p><p><a href="https://www.airbnb.com/">Airbnb</a></p><p><a href="https://www.loopnet.com/">LoopNet</a></p><p><a href="https://www.costar.com/">CoStar</a></p><p><a href="https://www.sarahdweaver.com/">Sarah Weaver's Website</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.youtube.com/c/DavidGreeneRealEstate">David Greene's Real Estate YouTube Channel</a></p><p><a href="https://www.tiktok.com/@robuilto">Rob's TikTok Profile</a></p><p><a href="https://instagram.com/robuilt">Rob's Instagram</a></p><p><a href="https://www.youtube.com/c/Robuilt/">Rob's Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-563">BiggerPockets Podcast 563: W2 Retired and Traveling the World with Just 15 Units w/Sarah Weaver</a></p><p><a href="https://www.youtube.com/watch?v=odf8iXodysA">Robuilt YouTube Channel: Why I’m buying a $3,250,000 Airbnb in Arizona</a></p><p><a href="https://instagram.com/beardybrandon">Brandon Turner's Instagram</a></p><p><a href="https://courses.voyageinvesting.com/mhpi-course">Mobile Home Park Investing Course by Amanda Cruise</a></p><p><strong>Connect with Amanda:</strong></p><p><a href="https://voyageinvesting.com/freebie/">Freebies from Amanda's Company Website</a></p><p><a href="https://www.instagram.com/investingwithamanda/">Amanda's Instagram</a></p><p><br></p><p>Check the full show notes here: https://biggerpockets.com/blog/real-estate-596</p>
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