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Mobile Home Wealth: How to Make Money Buying, Selling and Renting Mobile Homes

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For years, mobile homes have been the butt of jokes—and definitely under the radar of most real estate investors. Yet for a small but growing group of savvy investors, they have become a tremendous asset. Written by one of the top professionals in the business, Mobile Home Wealth is an easy-to-understand book that can guide you to one of the most lucrative investments in real estate.

The author begins by presenting the basic principles and practices of real estate investing. He then applies these principles to mobile homes, covering every step of the investment process from choosing a home to financing the purchase, negotiating the price, improving the property, and selling or renting for maximum gains. Whether you are looking for a smart addition to your portfolio or searching for a new and different business, this book will forever change the way you view mobile homes.

ISBN-13: 9780757002373

Media Type: Paperback

Publisher: Square One Publishers

Publication Date: 11-15-2007

Pages: 384

Product Dimensions: 6.00(w) x 8.90(h) x 1.00(d)

Zalman Velvel has been a fulltime real estate investor since 1981. His family owns and operates five mobile home parks, as well as warehouses, offices, duplexes, mini-warehouses, and motels. Zalman holds the coveted CCIM designation, as well as being licensed as a real estate broker, mortgage broker, auctioneer, mobile home dealer, and former real estate appraiser. Zalman is also licensed as a real estate trainer, and has trained more than 5,000 people in real estate investing.

Table of Contents

Dedication

Introduction

“The Adventure”

 

PART ONE

The Four Basic Profit Strategies

1. Flippers—Fast Cash

2. Keepers—Creating Your Own ATM Machine

3. L/Os—Fast Cash and Cash Flow

4. BBs—Being the Bank

 

PART TWO

Get the Deal Right—The Five Green Fs

5. Finding Deals—Find It

6. What’s It Worth?—Figure It

7. Writing Offers—Flag It

8. Check It Out—Fix It

9. Financing and No Money Down—Finance It

 

PART THREE

Reap Profits and Long-Term Wealth

10. Closing the Deal

11. Selling Like a Pro

12. Managing Your ATM and Building a Power Team

13. Protecting Your Assets

14. The Three Basic Principles of Long-Term Wealth

Conclusion—Your Roadmap to $100,000 Extra per Year

Shalom for Now

Appendix—Real Estate Forms

Resources

Index