Why Mobile Homes Are An Untapped Goldmine in Real Estate Investing with Adiran Smude
Release Date: 02/18/2025
REI Deal Finders
In today’s episode of the Deal Finders Podcast, I’m taking you back to where it all started—how Michelle and I stumbled into deal finding without even knowing it! I share the story that lit the fire for us and break down the six essential methods you can start using today to find your first (or next) real estate deal. From partnering with wholesalers to leveraging social media and networking like a pro, I’ll guide you through actionable steps that will sharpen your “deal-finding eyes” and set you on a clear path to success. Whether you’re brand new or ready to take...
info_outlineREI Deal Finders
If you’re serious about finding quality real estate deals without cold-calling your way into burnout, this episode is for you. I sat down with Jason Sager from MotivatedSellers.com to get into the nitty-gritty of inbound vs. outbound lead generation—and why working smarter, not harder, can completely transform your home-buying business. We break down the real differences between pay-per-click and pay-per-lead strategies, and Jason shares why motivated sellers are the lifeblood of successful real estate deals. We didn’t just talk theory either—this is a no-fluff conversation...
info_outlineREI Deal Finders
In this episode of the REI Deal Finders podcast, we dive into the real deal behind those impressive-looking checks you see online from real estate closings. I walk you through a recent transaction and break down the numbers—showing why gross profit is the number that really matters, not just the “cash to seller” figure on the HUD statement. Whether you’re a seasoned investor or just thinking about getting into flipping, this episode lays out the essential mindset and tools you need to focus on real profit, not just revenue hype. We also talk about our upcoming full-day flipping...
info_outlineREI Deal Finders
Wondering if that property you found is actually a deal? In this episode, I walk you through my go-to process for comping properties—step by step, using nothing more than Zillow. Whether you’re a seasoned investor or just starting your wholesaling journey, knowing how to evaluate a property’s ARV (After Repair Value) is absolutely essential. I break down how we analyze deals every day with our partners, what tools we use (both free and paid), and how we handle the many variables that make real estate comping more of an art than a science. From square footage to corner lots and...
info_outlineREI Deal Finders
Welcome back, deal finders! In today’s Deal Finders episode, we’re diving deep into one of the most critical phases of the flip process: getting your renovation off the ground. Whether you’re flipping your first property or your tenth, this episode will give you the foundation and strategy to set your renovation up for success—and protect your profit in the process. I walk you through the systems we’ve developed over years of experience (and plenty of trial and error) to help you stay on budget, manage contractors, and avoid costly surprises. Plus, I break down three different...
info_outlineREI Deal Finders
Flipping houses might look glamorous on TV, but the real magic happens long before the first hammer swing—it starts with choosing the right property. In this episode, I break down the essential first step of a successful flip: how to find the right deal in the right market with the right numbers. Whether you’re brand new to real estate or ready to scale up your flipping business, this episode gives you a clear, strategic approach to buying smart and setting yourself up for profit. I’ll walk you through how to use local market data to guide your decisions, what property types...
info_outlineREI Deal Finders
In this episode of the Deal Finders Podcast, we sit down with Brandon Bateman, founder of Bateman Collective, to dive into the power of digital marketing for real estate investors. With years of experience managing millions of dollars in ad spend, Brandon shares expert insights into generating high-quality leads through pay-per-click (PPC), SEO, and social media advertising. We discuss the importance of data-driven marketing, how to evaluate a marketing agency, and the biggest mistakes investors make when running their own ads. Brandon also explains why traditional marketing...
info_outlineREI Deal Finders
Negotiating with sellers isn’t just about numbers—it’s about understanding people, their motivations, and how to create win-win situations. In this episode, we dive deep into the art of talking to sellers, uncovering their true needs, and structuring deals that work for everyone involved. We discuss the importance of empathy, the power of open-ended questions, and how to avoid common negotiation mistakes that can cost you deals. You’ll also learn about essential deal-making strategies, including the “mirror technique” for building rapport, how to determine the right offer price,...
info_outlineREI Deal Finders
Are you ready to break into real estate investing but unsure where to start? In this episode, we’re busting the biggest myths holding people back and diving deep into the three types of income streams you can build in real estate. Whether you’re looking to make quick cash, create long-term wealth, or have your money work for you, this episode is packed with insights to help you move forward. We’ll cover why wholesaling is evolving, how to navigate legal changes in the industry, and the power of deal-finding partnerships. Plus, I’ll walk you through a simple exercise to...
info_outlineREI Deal Finders
What if I told you there were six methods you could start using today—without spending a dime—to find great real estate deals in your local market? In this episode, I break down the Wide FAN Method, a powerful strategy that real estate investors can use to uncover discounted properties and create win-win solutions for sellers and buyers alike. We dive into six key deal-finding techniques, including working with wholesalers, tapping into influential industry professionals, leveraging social media, and more. Plus, I’m giving you clear action steps for each method so you can...
info_outlineIn this episode of The Deal Finders Podcast, I sit down with my good friend, Adrian Smude – a mobile home investing expert with a knack for finding gold where others see junk. Adrian shares his unconventional journey from spaghetti wrestling parties and eviction notices to building a successful portfolio of mobile home rentals. We discuss why you might want to ignore your banker’s advice, how he stumbled into the mobile home niche, and the massive opportunities available in this often-overlooked sector of real estate.
If you’re curious about mobile home investing, how to find deals through relationships instead of cold calling, or how to build a lifestyle-first business, you won’t want to miss this conversation.
Episode Highlights:
[0:00] - Introduction
[2:22] - Adrian’s wild introduction to real estate: from tenant to landlord with zero experience.
[3:53] - The turning point: buying his first house at age 20 and living rent-free with roommates.
[4:31] - Losing his second home in a short sale and the hard lessons he learned.
[6:42] - How the advice from his banker led him astray.
[7:49] - Discovering the power of local REIA meetings and building relationships.
[10:35] - The story behind Adrian’s first mobile home deal – and the numbers that hooked him.
[12:22] - Why mobile homes with land can be a hidden goldmine.
[14:45] - The importance of consistent networking and being a “broken record” about your niche.
[16:36] - How to evaluate the land value in a mobile home deal.
[20:30] - The power of choosing a niche, taking imperfect action, and asking for help.
[24:15] - Adrian’s advice for beginners: pick your strategy and commit to it for at least six months.
5 Key Takeaways:
1. Listen Beyond the Bank:
Bankers give advice based on traditional lending models, not wealth-building strategies. Seek out seasoned investors for a broader perspective.
2. Mobile Homes Are Underrated:
Mobile homes with land offer high cash flow with less competition – if you’re willing to look past the stigma and do the work.
3. Networking is Essential:
Most of Adrian’s deals come from word-of-mouth referrals thanks to his consistent presence at local REIAs and his willingness to tell everyone what he does.
4. Take Imperfect Action:
Don’t let fear of mistakes hold you back. Commit to one strategy, take action, and learn as you go.
5. Evaluate the Land, Not Just the Home:
In mobile home investing, the dirt often holds the long-term value. Understand the potential and risks of the land before making a decision.
Links & Resources:
• Connect with Adrian: AdrianS360.com
• Adrian’s Book: How to Buy Mobile Homes
• Join us at DealFinders.club to find your next deal
Enjoyed this episode? Don’t forget to rate, review, and share The Deal Finders Podcast. If you’re ready to level up your deal-finding game, join us at our next local meetup or apply to be part of our community online.