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Ep. 18Real Estate & Investing·
60 min
·October 16, 2023

How Byron Sellers Earns Six Figures Investing in Mobile Homes

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Byron Sellers

Mobile Home Investor & Educator · MH Elite Investors

101 views
3 likes
47 min

Episode summary

Byron Sellers found mobile home investing through necessity and discovered it by accident — an asset class with dramatically lower barriers to entry, less competition than traditional real estate, and cash-on-cash returns that conventional landlords can only dream about. In this episode he breaks down the MH Elite Investors strategy, how to find deals, how to finance mobile home purchases, and what new investors get consistently wrong.

Key takeaways

Mobile homes are the most cash-flow-efficient real estate entry point available. The acquisition cost relative to monthly income is unmatched.

Tenant-owned homes with land-lease arrangements are the most stable model. Residents who own their home almost never move.

Due diligence on the park matters as much as due diligence on the unit. A struggling park can destroy an otherwise solid investment.

Financing mobile homes requires different lenders. Traditional banks often will not touch them — knowing the right lenders is critical.

The stigma is the opportunity. Because most investors overlook mobile homes, competition is low and deals are more available.

Best quotes

"Everybody wants to buy apartment buildings. I buy mobile homes. That is why my returns are better."

Byron Sellers

"I hit six figures from mobile home income in three years. The deals were available because nobody else was looking."

Byron Sellers

"The stigma around mobile homes is the best thing that ever happened to my investment returns."

Byron Sellers

About the guest

B

Byron Sellers

Mobile Home Investor & Educator, MH Elite Investors

Byron Sellers is a mobile home investor and co-founder of MH Elite Investors. He built a six-figure income through a portfolio of mobile homes and teaches other investors how to access this overlooked and highly profitable corner of the real estate market.

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