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203. Cashing In on Mobile Homes with Adrian Smude

The Wake Up Call

Release Date: 04/25/2023

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More Episodes

In recent years, mobile homes have emerged as a unique and lucrative investment opportunity, offering recession-resistant assets with lower property taxes and less competition.

In this episode, Adrian Smude, a real estate investor specializing in owning both land and individual mobile homes, shares his successful business model of renting out affordable housing. Throughout the conversation, Adrian offers valuable insights into finding leads, evaluating rehab costs, and complying with regulations when originating loans for mobile homes. 

Learn some practical advice to enter the mobile home market and achieve financial independence on your own terms. 

Key Points From This Episode:  

  • Peek into Adrian's Real Estate Investing path

  • Finding leads for mobile home investments

  • Evaluating mobile homes based on cash flow, land value, and rehab costs

  • Compliance with regulations when originating loans for mobile homes

  • Real estate investment strategies in mobile homes

  • Creating systems and processes to do it yourself at scale

  • Using leverage for growth and diversification

  • Self-directed IRAs and solo 401Ks for private money lending

  • Tax optimization strategies for real estate investment

  • Treating LLCs as businesses to protect liability and commingling funds

 

Follow Adrian Smude

 

About Adrian Smude

Adrian started his real estate career in 2002. He attributes much of his success to his passion for lifelong learning, which has led him to continue education courses and fostered relationships with respected mentors. He implemented what he learned, took action, and now has a successful business that fits his personality and lifestyle. 

Through sharing his ideas, success, and failures Adrian hopes to inspire YOU to take action and create a life pursuant to your passions! Although Adrian has invested in notes, single family homes, mobile homes in parks, and wholesaled properties, Adrian settled in the niche of Mobile Homes with land. He has also created a great system to allow him to live his vision of being geographically free!

Adrian is passionate about teaching to ensure the knowledge from his mentors is passed on.  He also wants everyone to have the life they dream of. Adrian’s goals are to educate and inspire you to take ACTION!

 

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