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Atlanta-based real estate investor Michael Blanchard recently made $150,000 from just three deals using DealMachine’s list-building tool. He achieved this by going very specific with his investment strategy: investing in mobile homes. Michael’s exact strategy involved buying land for mobile home use, buying mobile homes, and putting them on the land with permanent foundations, which allows him to qualify for conventional mortgages. On DealMachine for Real Estate, Michael was able to find a combination of options—from tear-down projects, where he bought the land and put in a new mobile home, to flip projects with existing mobile homes. Michael said that what attracted him to this investing niche was the “simplicity and lack of competition, and lack of barrier to entry” (with mobile homes, you don’t need to qualify for expensive construction loans). The strategy has definitely paid off for him.

What It Takes for Investors to Build a Powerful Lead List and Keep Deals Flowing

What It Takes for Investors to Build a Powerful Lead List and Keep Deals Flowing

https://www.biggerpockets.com/blog

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