440: $10k a Month Investing in Mobile Homes
Rachel cash-flows $10k a month from her portfolio of mobile homes.
When most people think of real estate investing, mobile homes probably don't come to mind. In fact, technically speaking, mobile homes are personal property--not real estate.
Still, this is a sub-niche in real estate that comes with the familiar cash-flowing opportunity of buying a building and renting it out for a profit.
Rachel Hernandez has been investing in mobile homes for over 10 years. She made her first mobile home purchase for $3,600, re-sold it for $10,000 on a leas-to-own contract, and hasn’t looked back since.
Rachel is the author of Adventures in Mobile Homes and she blogs and podcasts about her work at AdventuresInMobileHomes.com.
Tune in to hear:
- why mobile homes make an attractive investment
- how to find potential deals near you
- how Rachel markets for tenants
Want more unconventional rental ideas?
Click here to download a list of 25 other things you could make money renting out.