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How To Buy Mobile Home Parks Off Market with Amanda Cruise
Episode 210
Today’s guest, Amanda Cruise, worked a W2 job while she and her husband taught themselves the ins and outs of real estate investing — specifically mobile home parks. They scaled their business, Voyage Investing, in just a few years and now they’re full-time investors with a growing portfolio.
How were they able to scale so quickly? Here’s how Mike DeHaan sums up their strategy: “So your whole formula for how you've gotten where you're at is invest in education, invest in your network, take action.”
In this episode, you’ll hear their business operations and processes, including how they find leads, get financing, and the criteria they look for in a property. Amanda also shares what resources helped them to learn about a new asset class in a short amount of time, and offers up a huge tip for dealing with lenders, as well as great advice for new real estate investors.
Tune in and take notes from Amanda’s inspiring real estate journey, and find out why mobile home parks are a great investment opportunity!
Topics discussed in this episode:
- Their path from buying duplexes to mobile home parks
- How Amanda balanced real estate investing and a W2 job
- Finding deals and working with brokers
- What Amanda and her husband look for in a property
- How they learned a new asset class and overcame fear
- Tenant versus park-owned home model
- How hard is it to get mobile home parks financed?
- Their current portfolio and what they’re getting into next
- Lessons for new real estate investors
Learn more about Voyage Investing and join the Investor Circle! https://voyageinvesting.com/
Connect with Amanda Cruise on Instagram:
https://www.instagram.com/investingwithamanda/
Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launch
If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/store
Check out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/
Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/free
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!
Collecting Keys Podcast Resources:
https://www.collectingkeyspodcast.com
https://www.instagram.com/collectingkeyspodcast/
https://www.instantinvestorprogram.com/
Collecting Keys - Real Estate Investing Podcast