Cash Flow With Joe

Mobile Homes

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Trailer differences

Trailer differences

Trailer differences   I’ve had a lot of calls this week about mobile homes. Mostly, the conversations centered around the differences between trailers and stick-built homes in rehabs. So, I’d like to highlight a few of the major differences you need to be aware of should you decide to purchase a mobile home.   To me, mobile homes are very interesting. I used to watch this show called...

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Why you need a bill of sale at closing

Why you need a bill of sale at closing

Why you need a bill of sale at closing   We recently bought a land home deal, which is a mobile home being sold with land. We call it a land home deal because you can buy just the trailer and not the land. This takes place in a mobile community or somewhere else where you own the home but rent the lot it sits on.   Buying a mobile home on a rented lot was something we used to do all...

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Do it wrong, do it long

Do it wrong, do it long

Do it wrong, do it long   When I was in middle and high school, I was on the football team. Notice how I intentionally phrased that statement. Let me explain.   When I was in middle school, we lived in a little town in Madison County called Hull on the outskirts of Athens Ga. As such, I went to Madison County Middle School. There, I wasn’t just on the football team, but I actually...

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Trucks and trailers

Trucks and trailers

  We just did a land-home deal over in Adairsville. During the course of the purchase, the sellers found themselves in need of a truck. They were moving to Florida after the sale and were planning to live in a travel camper until they could decide where to buy and settle down.   They already owned a vehicle capable of pulling the camper, but something went wrong with it a week before...

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Working in your area

Working in your area

  One of the biggest mistakes I see beginning investors make is buying a property a long distance away from where they live.   And trust me, I understand. It was a great deal. And you hadn’t seen anything that cheap around you.     Ashley and I did the same thing when we bought a place for $8,000 45 minutes (one-way mind you) from where we lived. And that was just to the...

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