What to tell a newbie with $10K to do today? - Posted by Tod R in TX

import · September 15, 2009, 7:38pm

Posted by joe–ga on September 16, 2009 at 06:05:16:

There are alot more people in america today who can afford a $300 payment than a $800 payment.Also, you can pay a mobile home off , if not with cash, just a few years and start taking some profits, instead of a stick built house taking 15 to 20 years.

import · September 15, 2009, 7:38pm

Posted by Tod R in TX on September 15, 2009 at 19:38:26:

I’m familiar with brick home rentals but am also interested in MH’s. I’ve read DOW and Investing in MH with Land. Would love some experienced advice!

Thanks

Tod

import · September 16, 2009, 12:49am

Re: What to tell a newbie with $10K to do today? - Posted by Ryan (NC)

Posted by Ryan (NC) on September 16, 2009 at 24:49:15:

I’d have to agree with Scott, get out there and look at some mobiles. Look at ten and I promise you that you will stumble in to a deal, look at twenty and you find one that you just can’t say no to! The numbers are a lot more forgiving than stick built and I think you’ll like it IF you try it. =)

Best wishes,
Ryan Needler

import · September 15, 2009, 7:44pm

Re: What to tell a newbie with $10K to do today? - Posted by Scott

Posted by Scott on September 15, 2009 at 19:44:23:

I’d say it’s time to go look for a seller with a problem you can solve and get paid for it.