Getting Started in Mobile Homes with Christy Duckett

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Christy Duckett is an Award Winning Real Estate Coach and 10+ years of investing in real estate located in Columbia, Southern Carolina. Experienced in Investing in Flipping, Wholesaling, Passive Income, Mobile Homes, Short-Term Rentals, and a Master of balancing the chaotic life of family and business.

In this episode, Christy shares the pros and cons of investing in mobile homes, and her strategies for making this portfolio earn much for her passively.

Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/

What you'll learn in just 17 minutes from today's episode:

  • Find out an investment strategy that you can do for a lot less amount of money, but lets you earn more passively
  • Learn how she got her first mobile home deal almost for free
  • Discover two mobile home investment strategies that allow a lot less competition, rehabbing, and permitting but let you earn good profits

Resources/Links:

Topics Covered:

  • 00:53 - How she got into mobile home investing
  • 01:58 - The main influence on her mobile home investing
  • 02:33 - Her first mobile home deal that still exists to this day
  • 03:39 - A mobile home deal she got for almost nothing
  • 04:50 - Two strategies she uses when it comes to her mobile homes
  • 06:22 - The average rent she's getting from her mobile home rentals
  • 07:58 - How she does her rental price to make it more appealing
  • 08:42 - The pros and cons of investing in mobile homes
  • 09:29 - Why do you need to have a contract in place
  • 10:24 - Sharing marketing tips to find motivated sellers
  • 11:30 - Owner financing versus long-term buy and hold
  • 12:30 - Length of time to finance mobile home properties
  • 14:16 - An overview of what she would be covering in her webinar presentation on 9th December

Key Takeaways:

"I kind of thought, well, this is cool. It's something you can get into for a lot less money. But then also at the same time, it allows you to really create passive income, flip them, and wholesale. Every strategy I was already doing really applied to mobile homes." - Christy Duckett

"Like everything, there are pros and cons. If you're buying in a park, I think the biggest con can be the park management and the park owner. And the biggest pro can be the manager and the owner if you play that right. I think it's really building rapport and a great relationship with them, really making it a win-win and letting them know you're in it to help them that you're going to get them guaranteed lot rent." - Christy Duckett

"A lot of the marketing that I was using for single-family homes I use a lot for mobile homes so I found bandit signs, and a lot of times, if it's in a park, just talking to the owner, or manager because they can become a huge pipeline lead." - Christy Duckett

Connect with Christy Duckett:

Website: https://christyduckett.mykajabi.com/

Connect with Dave Dubeau:

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