From Burned Out Landlord to Mobile Home Investor with Rachel Hernandez
The His and Her Money Show
Talaat and Tai McNeely
4.9 • 1.2K Ratings
🗓️ 11 May 2020
⏱️ 48 minutes
🧾️ Download transcript
Summary
Rachel wasn't a stranger to real estate when she decided to make the switch to mobile home investment - she just wasn't totally prepared for all the twists and turns she'd hit along the way. The mobile home market is a completely different niche than single-family homes AND it's not the most talked-about investment opportunity. But no worries: on today's episode of the His & Her Money Show, Rachel is spreading the word on how she did it and how you can get started too!
We hope you've got your pad and pencils out to take some notes and from Rachel as she breaks down the decision to go from burned-out landlord to mobile home investment superstar. She's got an insider perspective on how the market moves and some super helpful stepping stones for getting into the business, from choosing your communities, cutting your deals, negotiating with park owners, and so much more. She also gives us some of her top resources for budding investors, that she used during her own learning experience! Check out her blog, Adventures in Mobile Homes, to hear more of Rachel's story and get inspired.
RESOURCES
- Rachel's Blog
- Adventures in Mobile Homes: How I Got Started in Mobile Home Investing and How You Can Too! by Rachel Hernandez
- Rachel's Top 10 Mobile Home Investing Books
- Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
- Mobile Home Wealth: How to Make Money Buying, Selling, and Renting Mobile Homes by Zalman Velvel
- Investing in Mobile Homes With Land by Tony Colella
- FREE Book (10 Dos and Don't to Get Started in Mobile Home Investing)
- Lonnie Scruggs PDF Book Deals on Wheels
- Rachel's $2,000 Nightmare
Transcript
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| 0:00.0 | This is the His and Her Money Show, where we show you how to have better money, be a better couple, and live a better life. |
| 0:11.0 | Now, here are your hosts hosts Talent and Time McNeely. |
| 0:15.0 | Hey family welcome back to the His and Her Money Show where we're helping you to get |
| 0:19.8 | better money, become a better couple, and live a better life. We are talking investing today, and |
| 0:26.9 | we're talking about real estate investing, and we're talking about mobile home investing in |
| 0:32.4 | particular. It's such a low barrier to entry and it's such an |
| 0:36.8 | untapped market especially with what's going on in the world today. Man this is a |
| 0:42.3 | great opportunity to get into this market |
| 0:45.3 | and add value to people's lives and add value to your net worth. |
| 0:50.1 | And to help us discuss this topic today, |
| 0:51.9 | we got Rachel Hernandez, who has been dealing with |
| 0:55.2 | mobile home investing for close to a decade and she's here to share the insight and wisdom |
| 1:00.0 | that she has learned from her journey to building wealth through mobile home investing. |
| 1:05.4 | So let's get Rachel on to find out her advice on the matter. |
| 1:10.3 | Hey Rachel, welcome to the His and Her Money Show. Hello Rachel. |
| 1:14.0 | Hi, thank you so much for having me. I really appreciate it. |
| 1:18.0 | We're super glad to have you here because you have a unique investing story and a niche that you put your money into that. |
| 1:26.1 | I don't think a whole lot of people know about, but here it is and her money show, we like to make these |
| 1:31.7 | opportunities known. |
| 1:33.3 | So we're excited to have you here with us today. |
| 1:36.9 | For those who may be unfamiliar with who you are |
| 1:40.4 | and what you teach, can you just say hello to everyone that's tuned in right now and |
... |
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