Buying land and putting new mobile homes on it is still an untapped niche, and Aaron Bihl is doing 8 to 10 deals a month with it.
Mobile homes are still an untapped niche in real estate investing, and Aaron Bihl does 8 to 10 deals a month with them as his focus. He explains why the stigma around them gets him better deals than a stick built house, and why he's moving toward buying lots and putting new homes on them. He also walks through the soil test that cost him 1,600 dollars and killed a two lot deal he was ready to close.
KEY TALKING POINTS:
0:00 - Intro
0:48 - Ryan's Rent Collection Update
2:25 - The Business Aaron Bihl Built
3:48 - How Aaron Got Started
6:10 - First Deals & Working Under a Broker
9:15 - Finding Those First Deals
10:46 - DealMachine Data & Land Filters
13:58 - Why He Focused on Mobile Homes
18:03 - Worst Condition He'll Buy
20:44 - Single-Wides & Deal Discipline
22:31 - The Georgia Deal Lesson
25:19 - Marketing & Selling the Lots
27:22 - Business Partnership Split
29:00 - Excited About Land-Home Scaling
33:43 - Advice for the Cubicle Dreamer
39:00 - Where to Find Aaron
39:18 - Outro
LINKS:
Instagram: Aaron Bihl
https://www.instagram.com/aaron.bihl
Website: Flip Trailers
https://www.fliptrailers.com/
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Website: Heritage Home Investments
https://www.heritagehomeinvestments.com/