Amanda Cruise

In this discussion, Amanda Cruise, a savvy real estate investor specializing in mobile home parks, shares her journey from navigating single-family rentals to thriving in the mobile home space. She reveals her unique approach called 'Lonnie Deals' for seller financing and highlights the ease of title transfers in mobile homes. Amanda also provides valuable strategies for finding motivated sellers and competing against larger investors, proving that smaller investments can yield significant profits without the usual headaches.

Amanda Cruise, a savvy operator and investor in manufactured housing and mobile home parks, shares her journey from Capital One to real estate. She dives into the intricacies of Lonnie deals and offers practical insights on financing and marketing. The discussion also critiques self-storage's long-term viability, warns against common investor pitfalls, and compares mobile home parks to multifamily housing. Plus, Amanda highlights the unique challenges of boutique hotels, sharing expert perspectives on scalability and future opportunities in manufactured housing.

Amanda Cruise, a seasoned real estate investor specializing in mobile home parks, shares her journey of acquiring a park for just $650K, significantly down from a $1.3M contract. She discusses her experiences with a difficult previous owner, navigating financial challenges, and the importance of community networking. Amanda dives into strategic resource management, how to revitalize neglected properties, and her future plans for enhancing tenant experiences. Tune in for valuable insights on negotiation tactics and overcoming acquisition hurdles!