
Show Notes: https://retipster.com/123-john-fedro/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=IJDFWOJjKHQ John Fedro is someone I've followed since 2013. John is a mobile home and manufactured home investing aficionado who has been running mobilehomeinvesting.net for many years now. I discovered John through BiggerPockets, and I’ve followed his YouTube channel for a long time. He’s got some fascinating content about this niche of real estate, and if you have any interest in this space, you should be subscribed and following this guy because he’s got some incredible content. Mobile home investing is one of those specialties that can go hand-in-hand with the land investing business, and John has a lot of good things we can think about whether we want to dabble in this kind of investing strategy or jump in with both feet. 00:00 - Intro 01:49 - Who is John Fedro and what does his Mobile Home investing career look like? 04:14 - How has alternative housing impacted the mobile home industry? 06:30 - What does a mobile home look like? 08:06 - How the big companies get into the process of building mobile homes 10:45 - Why should you invest in Mobile Homes and how John started his business? 14:04 - How did John sell his first purchased mobile home for a big profit? 17:09 - Selling mobile homes on terms to your advantage 21:31 - Bank financing vs Mobile homes 23:33 - The different types of mobile homes and their advantages 26:38 - Building a new park from scratch and/or buying an existing park 28:05 - How to find and turn around a poorly run Mobile Home Park 32:41 - John Fedro’s strategy on buying a mobile home park 35:47 - As a landowner, do you lose control if your park doesn’t own the homes? 38:48 - Renting vs Owner Financing – What to do and in which situation 39:33 - Mobile Home Investing - How to manage your notes? 42:10 - John Fedro explains his ideal deal and where he puts his focus in finding one 46:09 - How to perform due diligence on out of state Mobile Homes 53:25 - The Mobile Home Park approval process 56:45 - New vs Used Mobile Homes: Which one should you buy? 58:06 - What is the minimum capital to have available to do a Mobile Home deal? 01:00:23 - The creative side of the Mobile Home business 01:02:17 - The insights on how to choose the most efficient way to find deals 01:06:24 - The due diligence process after finding the right Mobile Home lot 01:08:26 - The property management process: The landlord’s responsibilities 01:10:06 - John Fedro explains how to find the right borrowers for seller financing 01:15:54 - Where can you find out more about John Fedro and his work 01:18:09 - Final thoughts and key takeaways Join Our Community! REtipster Forum: https://retipster.com/forum REtipster Facebook Group: https://retipster.com/facebookgroup Follow Along! YouTube: https://retipster.com/youtube Facebook: https://www.facebook.com/retipster Instagram: https://www.instagram.com/retipster Twitter: https://twitter.com/retipsterblog Twitter: https://twitter.com/retipsterseth Pinterest: https://www.pinterest.com/REtipster LinkedIn: https://www.linkedin.com/company/retipster