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NEW Revised in 2013! Investors, if you're tired of being a landlord but still want a good monthly cash flow, or if you're a real estate note investor who can't find any good-yielding paper, or if you just want to make MORE MONEY, you need to read this book about mobile home investing. Lonnie Scruggs' Deals on Wheels will teach you how you can replace the income from your job and create true financial independence with your own mobile home investing business. Deals On Wheels explains in detail how you can earn yields of 50% to 175% on what the author calls "Wobbly Boxes." Learn to buy, sell, and finance used mobile homes for big profits and generous cash flow. NEW section on solutions for the SAFE ACT and how you can create your own economy. This book covers everything you need to get started earning awesome yields with minimum hassle, including: * The best kind of mobile homes to buy * Eight ways to find low-priced mobile homes * How to negotiate an even lower purchase price * How to determine necessary repairs * How to make your phone ring off the hook with buyers * How to get started with $1,500 OR LESS * Dealing with park managers * And much much more "After reading Lonnie's book, I bought a mobile home for $1800 then sold it a few days later for $9800 and enjoy a $320 per month cash flow." Jackie Lange "Lonnie Scruggs is the REAL DEAL. His simple down to earth teaching style has helped tens of thousands of people become successful in their mobile home business" Jack Miller "Worth every penny." Mike Wittenbrink "Very informative. A lot of great information provided. Inspired to get started!" Sheri Holland "Lots of really good meaty information and incentive to go out and do!" Jacqueline May
- Sales Rank: #129961 in Books
- Published on: 2013-01-16
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .64" w x 6.00" l,
- Binding: Paperback
- 280 pages
About the Author
Lonnie Scruggs made a fortune in mobile homes. In fact, his yield on mobile home deals has consistently been much better than any single family house deals. He’s an international speaker and author of, Deals on Wheels, Making Money with Mobile Homes, Taking the Mystery Out of Money, plus How to Use a HP-12C Calculator. Read Lonnie’s BIO below: I bought my first rental property in 1971 ( at the age of 41) and sold my last rental property in 2006.... 35 years later. During this same time frame I was in the used mobile home business for 19 years ( 1986 - 2005) And while all of these businesses have been very successful and profitable, the mobile home business was the most fun, the simplest, and dollar for dollar the most profitable. If I could do it all over again, I would focus mainly on mobile homes and mobile home parks. It’s a great business and a great way to become financially independent.
Most helpful customer reviews
11 of 11 people found the following review helpful.
A MUST Read Before Investing in Mobile Homes
By L. A. Morgan
I have been investing in mobile/manufactured homes for 10 years. This book got me started. When folks as me how to get started - I tell them to read Lonnie's book!
I have had the privledge of meeting Lonnie while attending educational seminars where he was a featured speaker. Wonderful authentic person!
8 of 8 people found the following review helpful.
Above Average
By Mike Whalen
A good introduction to this field. I particularly liked the way he walked through the numbers. Have to be careful about the "note splitting" though. It's illegal in my state (WA). Otherwise a pretty good book.
5 of 5 people found the following review helpful.
Good to know
By Tina East
A good read for planning, just not the extra details. Recommend other resources to be complete. Good information to know.
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