Trailer Cash How to Cash In On the LowIncome Housing Investment Boom edition by Jamie Smith Religion Spirituality eBooks
Download As PDF : Trailer Cash How to Cash In On the LowIncome Housing Investment Boom edition by Jamie Smith Religion Spirituality eBooks
Trailer Cash is today's most comprehensive and practical introduction to Mobile Home Park investments. In her no-nonsense guidebook, Jamie Smith shares the do's and don'ts from her own personal experience in order to supply you with everything you need to know to get your MHP business started. Key topics include . The where's and why's behind prime MHP locations . A time-tested MHP property evaluation checklist . The nitty-gritties of contractual agreements. Ten deadly MPH myths to ignore. Information gathering how to effectively work the market . The Success Equation Capitalization Rate and Cash-on-Cash return. The ins and outs of profitable property maintenance. The moral contribution providing housing for the poor.
Trailer Cash How to Cash In On the LowIncome Housing Investment Boom edition by Jamie Smith Religion Spirituality eBooks
I am not sure really how to rate this. Jamie is a fun and interesting writer. Very anecdotal. But can you do this business after you read this book? The answer is maybe. But she is really selling her seminars, her experiences and her services. And it does not give you the full story of how to analyze a property.Product details
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Trailer Cash How to Cash In On the LowIncome Housing Investment Boom edition by Jamie Smith Religion Spirituality eBooks Reviews
This was one of the best books I have read about the basics of MHP investing. Jamie gets right to the point. She is concise and uses her own experiences to help you understand the vas is of MHP investing. I would have liked more complete info on checklists, contracts, etc, but this was a good primer. I understand that this book is an entree to taking their training class. I just may have to sign up.
If you are looking for an advanced MHP investing time, this is not the right book. If you want good starter info for the inexperienced MHP investor, this is a good quick read. I have invested in SFR houses for years, this book reminded me of some basic tenets of the real estate biz and gave me some new info as well. I really liked the section of financing.
Reminding us all that negotiations should be a win-win for both buyer and seller is always good business.
Thanks Jamie!
Jamie Smith over delivered with this fine book. The book was chop full of new ideas and concepts I never heard of, and packed with gold nuggets that I am sure to use in the future. Jamie and her husband Ryan are wonderful people who have given back so much as evident from their website and their trips to Africa. These people are for real. They don't press you into buying anything extra - the book is totally self-contained, but they do offer their website and very passively offer additional help which is a very nice touch compared to the other BS you will find in other books which are nothing more than lead ins to buy more expensive courses. The book is great!!!
I bought the book thinking that it was about buying mobile homes as rentals. It actually is about buying mobile home parks. It is far too heavy handed in terms of promoting the author's consulting/speaking business AND in terms of her evangelical Christian beliefs. Both aspects should have been redacted from the book. I didn't pay $10 to be preached to or sold a seminar.
This book is great. Jamie Smith offers a lot of great information to anyone thinking about buying a mobile home park or wanting to improve an existing property's process and profitability. It's an easy read and enjoyable with lots of great examples.
Overall Jamie failed to deliver real information relevant to the mobile home park business. Each time I thought she would get into a good story about a good or bad experience with one of her investments she didn't deliver. The book was a basic generalization of the business and did not deliver on the promises listed on the cover.
I recently have been getting into the idea of investing in mobile home parks. I took a seminar that a buddy of mine was speaking at. He so happens to be a very wealthy young man who owns mobile home parks.
As this is my first book on MHP investing, I gave it 4 stars... - the info seems "so far so good" but as I haven't actually put any of it into practice, i can't justify the 5th star. Maybe in a year, if i'm doing well, I can give it a more accurate assessment. But as far as beginner investor goes, it does cover a breadth of topics, has many strategies and is definately a good foot in the door to familiarize with terms, expectations and such. That being said, it was nice to find out that she gave much the same advice as my friend did who spoke at the seminar. 2 successful people in the industry, 1 whom I know and trust, can't be too far from the truth now could they?
All in all- get it- read it - and what you do with the knowledge is up to you.
You won't walk away stunned with news flashes if you are a seasoned investor but if this topic is new, especially as it relates to Mobile Homes, a fair book to get for your library of knowledge.
I am not sure really how to rate this. Jamie is a fun and interesting writer. Very anecdotal. But can you do this business after you read this book? The answer is maybe. But she is really selling her seminars, her experiences and her services. And it does not give you the full story of how to analyze a property.
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