The three gifts we will give to those that sign up today.
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Orange County, CA (PRWEB) March 28, 2006

Highlighted by keynote speaker and industry legend, Jim Clayton of Clayton Homes, the 2006 Mobile Home Millions Conference is once again primed to be the mobile home industry’s premiere event.

Jim Clayton grew from humble beginnings to tremendous success by investing in the mobile home business. In 2003 he sold his company, Clayton Homes to Warren Buffet and Berkshire Hathaway for a cool 1.8 Billion. To the delight of mobile home investors across the nation, he is scheduled to share his wisdom and industry lessons with every Mobile Home Millions attendee. Other industry icons slated to speak include renowned author and mobile home investor Dyches Boddiford, mobile home park deal making master Karl Warner and President/CEO of American Home Communities Frank Rolfe, one of the 100 largest owners of mobile home parks in America.

Sponsored by http://www.MobilehomeUniversity.com and lead by mobile home investment gurus Steve Case and Corey Donaldson, the Mobile Homes Millions 4th annual event will not only host the top names in the Mobile Home Park business over an intense 3 days of roundtable discussions, but it will include live deal-making sessions, educational briefings covering every aspect of mobile home investing and numerous opportunities for networking with the best in the business. A must for any novice or expert in the industry, the Mobile Homes Millions Conference has successfully joined leading investors and industry professionals from all over the United Sates. With three years of proven success, 2006’s Mobile Home Millions Conference promises even more excitement and momentum for a growing industry.

Mobile home industry legend Lonnie Scruggs, author of “Deals on Wheels” and “Making Money with Mobile Homes”, highly recommends this event as he personally benefited from previous Mobile Home Millions: “The networking, roundtables, and deal making discussions were outstanding. Corey Donaldson and Steve Case are certainly experts in the mobile home park business. If you are serious about making money in the mobile home industry this is a must attend event!”

MobileHomeUniversity.com is the leading online website for the mobile home and mobile home park investing business. MobileHomeUniversity.com provides hard-hitting advice and information to investors about the mobile home park industry.

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Learn to make money investing in manufactured housing. Head on over to www.MobileHomeMadness.com
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Discover a great way to earn huge profits as mobile home investing expert Doug Ottersberg reveals the secrets to making money from one of the most widely untapped real estate markets.Change the way you look at mobile homes by watching this video now!
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Deals on Wheels: How to Buy, Sell & Finance Used Mobile Homes for Big Profits and Cash Flow

If you’re tired of being a landlord but still want a good monthly cash flow, or if you’re a real estate note investor who can’t find any good-yielding paper, or if you just want to make MORE MONEY, you need to read this book. Written in a folksy, “down home” style, Deals On Wheels explains in detail how you can earn yields of 50% to 175% on what the author calls “Wobbly Boxes.” Learn to buy, sell, and finance used mobile homes for big profits and generous cash flow. This book covers everything y

List Price: $ 19.95

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Mobile Home Investing – How Mobile Home Parks Make More Money Than Single-Family Home Investing

Just about anybody who watches late night TV, or receives email, or reads, knows that there are hundreds of people promoting concepts to make money in single family homes. “Buy foreclosures”, “profit from short sales”, “wholesale houses” – there are at least 1,000 different concepts. Unfortunately, the only people who actually make money in many of these ideas are the promoters. There are so many people chasing after single-family homes to invest in that the market is beyond saturated, and any profitability has been extinguished.

How about looking at something that few people are involved in and that actually generates money for the investor – not just the promoter? That real estate niche is mobile home parks. And they have offered superior returns to the lucky few who understand them for several decades.

It’s all about the cap rate
Single family homes suffer from low, or often negative, “cap rates”. A “cap rate” is the actual return on the debt and equity of the investment. A typical single family home investment of a 0,000 house normally rents for 0 per month. However, before you think that it’s a 0 per month return on your 0,000 investment (which is about a 10% “cap rate”), remember that you have to take out property tax (about 0 per month), insurance of about 0 per month, and repair and maintenance of another 0 per month (I’m talking about those big-dollar repairs like roofs, etc. averaged over time, too). So your net income is only 0 per month, which is a 5% cap rate.

Mobile home parks make at least double that amount. Good parks have a 10% cap rate or better.

So right off the bat, these investments make about 100% more per year than single-family investments.

It’s hard to push rents in single family homes
Single-family homes are plentiful. Your local newspaper is bursting with homes for sale or rent. As a result, it is very hard to increase rents – in fact, the norm these days is to decrease rents with single-family homes. In many markets, there is a terrible spiral down in rents as investors effectively bid against each other to attract tenants.

In contrast, mobile homes are in very limited supply, by comparison. In most cities, you cannot obtain permits to build this type of real estate – and you have not been able to for decades. As a result, the supply is limited, and there are few competitive forces to contend with.

It’s another important point to note that it costs ,000 to move a mobile home from point A to point B. That’s why 95% of mobile homes only move one time – from factory to the park – in their entire lives. As a result, you can raise your rent level 5% to 10% per year and not lose a single tenant. Few tenants are willing, or able, to spend ,000 to move their mobile home over a per month rent increase.

Single-family home investors know too much
Your average single-family home seller is pretty sophisticated. They’ve bought and sold several homes, and know pretty accurately what the correct price should be. And they normally have debt on the house.

Mobile home sellers are typically “mom and pop” owners, who are very unsophisticated. They often price their park for a fraction of what it’s actually worth. And they rarely have any debt. As a result they can often carry the financing themselves – at below market rates and with non-recourse.

Conclusion
There is a lot more money to be made investing in mobile homes than in single-family home investing. That may be why there are five publicly-traded mobile home real estate investment trusts (also known as REITs) and there are zero in single-family homes. That may also explain why Sam Zell, one of the top real estate investors in the U.S., is one of the largest owners of mobile home parks in America – and not a single family home speculator.

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Question by LonelyGirl: Help I live a sheltered life.. Advice please read..?
Ok Im almost 19 and I still live at home with my mom. My life is so controlled and monitored I cant take it anymore. My mom treats me like Im 12 and Im freaking grown. I went out with my big sister and her kids. When I got home tonight around 9 p.m she cussed me out saying ” were was I at”
” Why didnt you call me and tell me where you was” . I thought she knew since she wasn’t blowing up my phone! I got yelled at for hanging out with my nieces and nephews so unfair.
She doesent want me to do anything. Then when I stay at home she says stuff like ” you should go out” you never have fun, go have fun your missing out” I don’t hardly go out because she will harrass me all night. She will call if Im out to late or tell me were I cant go etc. My life is becoming miserable I cant take this I’m not allowed to do sh%t. I don’t date much either because she want let me hang out with boys. This summer I had a boyfriend she didnt want me to go over his house ( he lived about 5 mins away) We never did anything we were just hanging out and watching movies. I would go over there about every other day. She would call around 9: 00 or 9:00p.m with a attitude and yelling at me like ” when are you coming home!?” How long you plan on staying over there?” ” You need to come home now!” I don’t understand why she would call me complaining about staying out “late” (9:00-9:30) wtf I’m grown I shouldnt have to go through this!!!

My mom doesen’t let me do alot of stuff she literally treats me like I’m 12. I can’t drive during rush hour traffic she doesen’t allow me to drive during certain hours of the day. wtf!!! These rules are out of control. The traffic isn’t that bad I live in the midwest in a small city. The traffic isn’t like New York or anything. But it does gets busy certain hours of the day. Anyway, I should still be allowed to drive I have to get to places.

I have a job I want to move out but I don’t make alot of money. I’m a college student I spend my money on books, tuition, gas getting to school. I really wish I could move out. I dont have no where else I can stay ( family) I have sisters but I cant live with them no room they have boyfriends, kids ).

What should I do? If I ask for freedom it will make it worse and lead into a argument. All my purchases are monitored. I can’t buy anything my mom doesent approve of. I had to share a bank account with her so I basically I have to beg her for money. My aunt sent me a 1,000 dollars to help me out in school and other stuff. I asked her for 200 of the 1,000 she started going off and asking what for. After literally begging her for MY MONEY she agreed to LOAN it to me. So now I have to pay her back $ 200 which will be a majority of my part-time paycheck. UGHHH. I went and got my own bank account since I’m 18 but I still have money in my mom’s account. Even though I went and got a separate account I still have problems when it comes to spending my money. If I buy something she doesen’t like she complains and fusses about how I should save etc.

My phone is also monitored too. I’ve been having this line since I was 15 so I wasn’t old enough to get my own line so I my older brother signed a contract and we got phones. He checks my phone records because the phone bill comes in his name. Im just screwed. He want split the phone line so I can have my own contract and seperate the bill. I dont have any credit so I cant just get my own line I have t-mobile.

Oh and can’t work late hours at work. Wtf . Once again I’m grown. She explained when I got the job I have now ‘ Not to accept any late hours” and ” How I couldn’t work late hours” Total bullshit. I feel I have the right to work any hours I choose. I prefer working evenings because I go to school in the daytime. The job I had before she made me quit. Because I was working 3-11p.m sometimes 2- 1 a.m. I liked my job and I chose those hours because I was going to school full-time. I can’t work nights because she will make me quit. What do I do? I need advice? I love my mom but I can’t take this any longer. its never going to end.
I cant move out right now either. Thanks for reading.

Best answer:

Answer by Robster The Mobster
That must have been a rough life growing up being a drone…

girlfriend has same problem… but she is only 17..

Your 19 women… move out… live with a friend. In your car if its that bad.. you know. dont live there no more… If you want a relationship with her just call her or txt or stop by occasionally.

Parents that are controlling, their children WILL rebel in the end, and end up dead, in jail, or going down the wrooooooooooong path.
keep strong women.

What do you think? Answer below!

Question by Sweetness and Light: What would you do in this situation?
A girl in her early twenties is standing at the corner of a street.

She’s wearing jeans, a black pullover, black boots and sexy make-up.

As you pass by her, she approaches you and say: “I’m sorry, I know I don’t know you, but I have a problem. I had a fight with my boyfriend and he pushed me out of the car. My purse was inside the car. I don’t have money to return home or a mobile phone to make a phone call to my family. I’ve been waiting with the hope to find someone I know or that my boyfriend returns. I know this is shameful, but could you give me 2,20 Euros for me to take the bus and go home?”

Would you help this girl?,

Best answer:

Answer by Joanne
no, i wouldn’t, not just on the spot anyway.
id give it to her and make sure she does take that bus.

Give your answer to this question below!

A Great Investments With Mobile Home Rentals

Why mobile home rentals? Get past the prejudice and look at the numbers. In our town, for example, a two bedroom house costs 0,000 and rents for 0/month. A ,000 mobile home on real estate gets 0/month. Cash-on-cash return on investment is obviously higher with mobile homes.

Don’t let the half-truth that mobiles depreciate in value keep you from investing in them. They lose value in a park, on a rented lot, but not on real estate. My first home was a mobile, bought for ,000 and sold for ,000 fourteen years later.

House rentals here usually have negative cash flow, while mobile home rentals have some cash flow. Still, investors prefer houses, believing they’ll build equity faster, but is that true? Only during times of fast appreciation.

Equity Building With Mobile Home Rentals

Buy a house for 0,00 with ,000 down, and take out a 0,000, 6%, 30-year mortgage. You’ll have a payment of 9.60. Of the first payment, 0 will go to interest, and .60 to principal. You only built equity of .60. This ignores appreciation, but only for the moment.

Second scenario: Find a mobile home for sale on land, and borrow ,000, at 8%, amortised over 10 years. Higher interest and a shorter term is normal with mobiles, but being done with payments in 10 years instead of 30 sn’t all bad. The payment will be 3.99. The first month, 0 will go to interest, and 3.99 to principal. You built more equity in this scenario.

Mobile home rentals on land might appreciate more slowly than the “regular” house, but faster loan pay-down usually covers this factor. Pay less per month, have positive instead of negative cash flow, and build more equity! Don’t expect your real estate agent to tell you this.

Mobile Homes – Cash Flow

In the example, you’d lose about 0/month on the house, after the payment, taxes, insurance, repairs and other expenses. You’d have cash flow with the mobile home, and after ten years (when the loan is paid off), you’d have a lot of cash flow.
Mobiles are cheap to maintain. The furnace died in rental I owned, and I replaced it for ,200, much less than a furnace for a larger home. For 0 you can have the roof tarred, instead of ,000 to re-shingle a traditional roof. Windows, plumbing, doors – they’re all cheaper. Property taxes and insurance are less too (be sure you can get insurance, since some old mobiles may be uninsurable).

The Bottom Line

,000 can buy two mobiles, with ,000 down on each, or four with ,000 down on each, instead of one negative-cash-flow house. The two investors in our town that own most of the mobile homes always have cash flow, and have built millions in equity. Others, following their prejudices, struggle to make money with their “nice” rental homes. So when you’re looking for a good investment, don’t forget those mobile home rentals.

Orlando, FL (PRWEB) May 23, 2006 –

Due to overwhelming demand, the Mobile Homes Millions IV Conference is offering additional seats to its annual event. Already considered the industry’s premier event, this year’s Mobile Home Millions promises to surpass previous events with an all-star lineup of speakers that will be the most group of Mobile Home Entrepreneurs every assembled. During the 3 day event highlighted by keynote speaker and industry legend, Jim Clayton of Clayton Homes, the 2006 Mobile Home Millions IV Conference will once again assert its place as the number one purveyor of industry knowledge on how to get started in the industry and increase the profitability of your mobile home investments. Furthermore, attendees are offered the opportunity to meet hundreds of like-minded investors, many of whom will go on to purchase properties together. This rare opportunity to learn about and further a career in the mobile home investments is being re-opened briefly for a few short days this week.

Keynote speaker, Jim Clayton grew from humble beginnings to tremendous success by investing in the mobile home business. In 2003 he sold his company, Clayton Homes to Warren Buffet and Berkshire Hathaway for a cool 1.7 Billion. To the delight of mobile home investors across the nation, he is scheduled to share his wisdom and industry lessons with the Mobile Home Millions audience. Other industry icons slated to speak at the conference include renowned author and mobile home investor Dyches Boddiford and President/CEO of American Home Communities Frank Rolfe, one of the 100 largest owners of mobile home parks in America.

Sponsored by http://www.MobilehomeUniversity.com and led by mobile home investment gurus Steve Case and Corey Donaldson, the Mobile Homes Millions 4th annual event will not only host the top names in the Mobile Home Park business over an intense 3 days of roundtable discussions, but it will include educational briefings covering every aspect of mobile home investing and numerous opportunities for networking with the best in the business. A must for any novice or expert in the industry, the Mobile Homes Millions Conference has successfully joined leading investors and industry professionals from all over the United Sates. With three years of proven success, 2006’s Mobile Home Millions Conference promises even more excitement and momentum for a growing industry.

Mobile home industry legend Lonnie Scruggs, author of “Deals on Wheels” and “Making Money with Mobile Homes”, highly recommends this event as he personally benefited from previous Mobile Home Millions: “The networking, roundtables, and deal making discussions were outstanding. Corey Donaldson and Steve Case are certainly experts in the mobile home park business. If you are serious about making money in the mobile home industry this is a must attend event!”

MobileHomeUniversity.com is the leading online website for the mobile home and mobile home park investing business. MobileHomeUniversity.com provides hard-hitting advice and information to investors about the mobile home park industry.

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The Complete Guide to Investing in Duplexes, Triplexes, Fourplexes, and Mobile Homes by E. E. Mazier Best Prices

Barnes & Noble.com

$ 18.11 + $ 3.99 shipping

Question by Cats are going to rule the world: buy-sell offers? what do I do now? taxes?
I remember the house was originally $ 69,900 ? I think the taxes are based on an $ 86,000 value ? I guess a few years a go, house prices were way too high? So, the taxes are TOO HIGH. $ 2,000+
My realtor said the taxes will go lower if the house sells for $ 50,000 because the taxes will be based on that number instead of the $ 86,000? Is that true?

Do taxes EVER go down???? In my (not so vast knowledge) taxes only go UP!!!! Please tell me what you know.

ALSO, I am told that “the sellers made the first counter-offer of $ 58,500. and that if I counter offer, the seller has to take time to think about my offer, and then, IF they accept my price as reasonable, the BANK still has to approve the offer… and it the whole process could STALL”.
What is this stalling???? How long can THAT take???? should I just make anoffer on a different house?? Or should I offer the sellers $ 58,500? The house is extremely musty, I don’t think anyone else will make offers, as summer nears!!!!!!!! The furnace is 30 yrs old, the appliances are ancient, but the roof is brand new. What do you think?

I’m in a little bit of a rush. I need to get money out of my name, my account by April 29, or I could lose my medical benefits. Do you think the sellers will respond in the next day or week or so? How about the bank’s response? Will money exchange hands in the next 30-40 days????????????

PLEASE HELP ME…. I can buy a different house. I really like this one, but I need to get stuff moving. FAST!!!!!! Can I make an offer on another cute house (much lower taxes, outside city limits!!!) , & see if that process is faster? Can I just back out of the other deal? if it is too slow? I’m not legally bound or anything? right?

THANK YOU SO MUCH!!!!!!

PS. The better house is from the 1920s with a musty Michigan basement. The other “cute” house is a 1950’s kit house (“better than a mobile home.” says my realtor…) yeah, but : /
The kit house has no insulation, it’s 720 sq ft, tiny, OK, I’m tiny. : )
The other house has super great insulation, new roof, and 30 yr old furnace.

Best answer:

Answer by Landlord
Since you have a tight time frame this is NOT the house for you.

Instruct your real estate agent to NOT show you any short sales. None. No looking. They take 3-4 months, and you do not have that long.

BTW, furnaces live a LOT longer then 30 years, that is not a bog deal if it was cared for.

Add your own answer in the comments!

Mobile Home University

Austin, TX (PRWEB) March 12, 2008

Attendees of this year’s Mobile Home Millions conference will be hobnobbing with some of the biggest names in the mobile home park investing arena. Although Warren Buffett will not be among them, topping the bill will be the “Don Corleone” of manufactured home investing, Lonnie Scruggs. When Mobile Home Millions 6 opens its doors at the Sheraton Austin Hotel in Austin, TX, this April 18-20, the “God Father” of the used mobile home business will serve as the keynote speaker. Real estate investors who would like to sign up for Mobile Home Millions 6 before the conference sells out can do so online at Mobile Home Millions 6 – Learn How to Make Huge Profits in Mobile Home and Mobile Home Park Investing.

A three day extravaganza, Mobile Home Millions 6 will teach mobile home investors how to generate cash flow, build wealth and come out on top of the changing real estate market. Leading experts in the mobile home and mobile home park investing arena will share priceless knowledge on how to get started in the manufactured home and mobile home park business, increase profitability on investments in such markets and network with hundreds of like-minded investors.

Among the Mobile Home Millions 6 lineup of presenters who will reveal their money-making secrets and techniques will be none other than the “god father” of the used mobile home business, Lonnie Scruggs. For nearly two decades, Scruggs has dealt in used mobile home notes and shared his experiences in two bestselling books, “Deals on Wheels” and “Making Money with Mobile Homes”. That kind of experience puts Scruggs light years ahead of the industry’s most famous investor, Warren Buffett, who has been in the manufactured housing arena for only five years.

As one of the most respected national instructors on the topic of making money in used mobile homes, Mobile Home Millions 6 attendees are in for a real treat with Scruggs’ keynote speech. The first to teach others how to make big profits with mobile homes as an alternative to traditional real estate investing, Scruggs is graciously sharing all his insider secrets with the select few who secure a spot at the Mobile Home Millions 6 conference.

Ernest Tew, another legend of the mobile home park investing arena, raved about the Mobile Home Millions experience, “You definitely want to learn from those who are successful and walk-the-talk. The lineup of speakers and participants for Mobile Home Millions represents some of the best and brightest in the industry … you will be hard pressed to find such a large collection of talented investors at any single event!” With Lonnie Scruggs topping this year’s lineup, upcoming feedback for Mobile Home Millions 6 is guaranteed to be as glowing.

To learn more about Mobile Home Millions 6 and its mobile home investing keynote speaker, Lonnie, Scruggs, visit the conference detail page online at Mobile Home Millions 6 – Learn How to Find and Invest in Mobile Homes and Mobile Home Parks.

About Mobile Home University: Mobile Home University is the leading online Web site for mobile home and mobile home park investor education. It provides investors with the hard-hitting advice and information they need to leverage in the mobile home industry. Mobile Home University presents a full range of teleseminars, boot camps and live events, including Mobile Home Millions, now in its sixth year. Visitors to MobileHomeUniversity.com may access free manufactured home articles, an active mobile home forum and a topical and timely blog. In addition, they may opt in to a free mobile home park investor’s e-zine.

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Question by : NC eviction laws when your rent is current?
I have been renting a mobile home from a person I believe to be a tad shady for the past 8 months, things were going well until the floor started to cave due to a water leak beneath the house that I had mentioned months before and he had told me had been fixed. Well turned out that leak and a combination of humidity ruined the floor, so as soon as I noticed the floor I let him know about it, his reaction was that we would have to move out so he could fix it, which in turn lead me to believe he did not want to take the time or spend the money to fix the situation due to a number of factors such as electrical outlets (two to be exact) in the kitchen that did not work that we noticed after we moved in, he was made aware of this said he would fix it and never did. So my fiancee and I just used an extention cord from the living room to the kitchen to plug in our freezer. Anyway 8 months he still hasnt fixed it. Now my fiancee got his wife involved and asked her why he would tell us to move out over things we had no control over when we did everything we could to let him know of these things, and also remind him. She said she didnt know and apprarently talked it over with him, because he tends to drink alot. She doesnt. They got the floor fixed pretty quick after that and she also told us that when an electrition came out for the rooming house they rent rooms for, he would also fix the outlets…Problem solved right?….Well here is my dilema, just a couple of days ago an old tenant of his that used to live at the mobile home “came by” as he put it, after 8 months out of the clear blue, saying he was looking to “move back into the area” plus he got his old job back which is literally a block away from the mobile home. I asked him straight out if he was coming by to see if the mobile unit was still for rent or not and he said no he was just looking to move back into the area. When he showed up it was around 2 in the afternoon and he had to work at his job up the street that he lives 25 miles from now currently and got off at 11pm. Well the same night he showed up again at 1120pm right after he got off of work, I guess to see if the landlord might be hanging around, only reason he would be in my opinion and is a bit fishy to me especially since he already knows this place is being rented and knows we have no intentions of moving out. We pay our rent on time, and the only confrontation we have had with the landlord is when he didnt feel like fixing the floor and his wife stepped in and booted him into gear as they say. He has a history with the landlord but hasnt come around in over a year and now all of the sudden he is making stops when he goes to work and then when he gets off at that time of night??? I am thinking that he wants to rent the trailer out from under us even though we still live here. One because he used to live here knows the landlord and the fact my landlord might be a bit ticked off that my wife phoned his fiancee whatever, so my question is I know he can do this because we are month to month because when we moved in he didnt want to sign any lease of any kind. How long does he have to give us to get out in the state of North Carolina eviction wise if he decides he would like to rent to this other person. From my understanding on a month to month thing you dont have to have a reason to evict someone with no lease, just give them ample amount of time to vacate. Am I being over paranoid? A person looking for a place to stay after a year of not showing their face trying their best to get a bit of private time to discuss the best way to make it happen at 1120 at night?? How long does he have to give us to get out? Does it have to be a written notice? Does he have to go through the Sheriffs dept to get us out? Im not going to make it easy if it is done underhandedly like this. Im sorry but something smells, and I dont think Im being paranoid. Anyway I know a long question, but your reactions to what I have said and what the NC eviction laws are when your paying rent on time would be VERY much appreciated. Thanks In Advance.

Best answer:

Answer by My Take on It
If you are on a month to month tenancy, he only has to give you a 30 day notice to move out.

Know better? Leave your own answer in the comments!

Question by brendak0917: Welcome to Socialism, how’s that hope and change working out for ya?
A License Required for your HOUSE?

If you own your home you really need to check this out. At the end of this
email is the Google link to verify. If the country thinks the housing
market is depressed now, wait until everyone sees this. No one will be
buying homes in the future.

A License will be required for your house…no longer just for cars and
mobile homes….Thinking about selling your house? Take a look at H.R.
2454 (Cap and Trade bill). This is unbelievable! Home owners take
note and tell your friends and relatives who are home owners!

Beginning one year after enactment of the Cap and Trade Act, you won’t be
able to sell your home unless you retrofit it to comply with the energy
and water efficiency standards of this “Cap & Trade” bill, passed by the
House of Representatives. If it is also passed by the Senate, it will be
the largest tax increase any of us has ever experienced.

The Congressional Budget Office (supposedly non-partisan) estimates that
in just a few years the average cost to every family of four will be
$ 6,800 per year. No one is excluded. However, once the lower classes feel
the pinch in their wallets, you can be sure that these voters will get a
tax refund (even if they pay no taxes at all) to offset this new cost.
Thus, you Mr. And Mrs. Middle Class have to pay even more since additional
tax dollars will be needed to bail out everyone else..

But wait. This awful bill (that no one in Congress has actually read) has
many more surprises in it. Probably the worst one is this: A year from now
you won’t be able to sell your house without some bureaucrat’s OK. Yes,
you read that right.

The caveat (there always is a caveat) is that if you have enough money to
make required major upgrades to your home, then you can sell it. But, if
not, then forget it. Even pre-fabricated homes (“mobile homes”) are
included. In effect, this bill prevents you from selling your home without
the permission of the EPA administrator.

To get this permission, you will have to have the energy efficiency of
your home measured. Then the government will tell you what your new energy
efficiency requirement is and you will be required to make modifications
to your home under the retrofit provisions of this Act, to comply with the
new energy and water efficiency requirements.

Then you will have to get your home measured again and get a license
(called a “label” in the Act) that must be posted on your property to show
what your efficiency rating is; sort of like the Energy Star efficiency
rating label on your refrigerator or air conditioner. If you don’t get a
high enough rating, you can’t sell.

And, the EPA administrator is authorized to raise the standards every
year, even above the automatic energy efficiency increases built into the
Act. The EPA administrator, appointed by the President, will run the Cap &
Trade program (AKA the “American Clean Energy and Security Act of 2009″)
and is authorized to make any future changes to the regulations and
standards he/she alone determines to be in the government’s best interest.
Requirements are set low initially so the bill will pass Congress. Then
the Administrator can set new standards every year.

The Act itself contains annual required increases in energy efficiency for
private and commercial residences and buildings. However, the EPA
administrator can set higher standards at any time. Sect. 202 – Building
Retrofit Program mandates a national retrofit program to increase the
energy efficiency of all existing homes across America .

Beginning one year after enactment of the Act, you won’t be able to sell
your home unless you retrofit it to comply with its energy and water
efficiency standards. You had better sell soon, because the standards will
be raised each year and will be really hard (expen$ ive) to meet in a few
years. Oh, goody!

The Act allows the government to give you a grant of several thousand
dollars to comply with the retrofit program requirements IF you meet
certain energy efficiency levels. But, wait, the State can set additional
requirements on who qualifies to receive the grants. You should expect
requirements such as “can’t have an income of more than $ 50K per year”,
“home selling price can’t be more than $ 125K”, or anything else to target
the upper middle class (that includes YOU?) and prevent you from
qualifying for the grants.

Most of us won’t get a dime and will have to pay the entire cost of the
retrofit out of our own pockets. More transfer of wealth, more “change you
can believe in.” Sect. 204 – Building Energy Performance Labeling Program
establishes a labeling program that for each individual residence will
identify the achieved energy efficiency performance for “at l
Cap and Trade: A License Required for your Home http://www.nachi.
org/forum/ f14/cap-and- trade-license- required- your-home- 44750/

HR2454 American Clean Energy & Security Act: http://www.govtrack
.us/congress/ bill.xpd? bill=h111- 2454

Cap & Trade A license required for your home:

http://www.prisonplanet.com/cap-and-trade-a-license-required-for-your-home.html

http://www.federalobserver.com/2009/10/01/thinking-about-selling-your-house-a-look-at-h-r-2454-cap-and-trade-bill/

Nothing seems to have changed. Here is a news article which is up to date. 1/22/2010

Best answer:

Answer by Enzyte Bob’s Impotent Clone
hey i just woke up this saturday morning, why are you trying to put me back to sleep??

Give your answer to this question below!

How to make money with mobile home lots

It is today possible to not only buy mobile homes to live in, but to invest in mobile home lots and make money from it. With the help of these tips, you have a better chance at making money with your investment than ending up at a loss.

There are two types of mobile home lots you can invest in; fancy and simple mobile home lots. Though fancy lots look inviting, don’t invest in them as they don’t make money for you. The better option is the affordable ones as they cater to the people who can’t afford to buy stick build homes.

To them a mobile home is the only form of detached housing they can afford with security and a yard for their kids and dog. On the contrary, though some people may buy a fancy mobile home, they usually prefer investing and staying a stick build house which they can afford paying the same monthly rate. They thus vacate and leave you with your mobile home lot.

Understand your economics

Before you even consider investing in mobile home parks, you have to first understand its economics in terms of the range of its revenue and expense. Don’t be under the impression that investing in mobile home lots is similar to investing in other real estate like an apartment complex.

Make your investment only after finding out all the information you can about the plot. Find out about the property tax, any water and sewer costs you have to bear and if the plot has a good operating permit.

Choose your park wisely

Choose your park wisely as not all of them have a future. Some signs of a winning plot worth investing in are its location, size, road infrastructure, size of lots, utility system, construction and competing apartment rents.  Check out and confirm all this information before you make an investment.

Running a mobile home lot is different from running other real estate as it depends both on the personality of the customer and on the responsibilities the park owner has. So basically, to make money investing in mobile home lots, you have to first spend time learning as much as you can about the subject. With the right hard work and professionalism you will be able to make a sizeable amount of money through your mobile home lot.

Find More Making Money With Mobile Homes Articles

How To Make 10% To 20% On Your Money With Simple Mobile Home Investments

When you hear the words “mobile home”, what do you immediately think? Hillbillies with rebel flags in their windows? The show COPS? Sure, that’s the stereotype, but the truth is that a huge number of Americans- about 20 million of them- live in mobile homes. And the demographic make-up of this group is not much different from normal residential subdivisions and apartment complexes.

Another little-known fact about mobile homes is that you can make excellent returns by investing in them- with amounts as low as ,000 to ,000. Returns in the neighborhood of a steady 10% to 20% per year. Compare that to your recent successes in the stock market and the rate on CDs at your neighborhood bank and you’ll see that those type of year-over-year returns are really pretty extraordinary.

So how do you invest in mobile homes?

Get an understanding of the product.

Mobile homes are not constructed like the type of traditional “stick-built” housing that you are more familiar with. For example, a mobile home has no load-bearing interior walls. A mobile home is like a shoebox- only the exterior walls are load bearing. In addition, the utilities normally follow certain “troughs” that allow for easy access. You can find some cut-away drawings of mobile homes on the internet and you will be shocked at their simplicity. This simplicity, however, pays big dividends when it comes to repairs and remodeling. Unlike traditional home construction, a mobile home allows for an amateur to do a perfectly fine job.

You should go to a local mobile home dealer and walk through some mobile homes- including some older trade-ins that are probably at the back of the lot- to get a feel for what the product is.

Get an understanding of what the customers’ needs are.

Mobile homes are the least expensive form of detached housing in the U.S. As a result, they appeal to lower-income Americans- often folks who earn minimum wage. This group is not nearly as demanding as buyers with higher earnings who are looking at much more expensive housing options. That’s not to say that they have no standards, because they do. But their standards are much lower and much easier to satisfy. Many of the cosmetic issues that you would find unacceptable in a 0,000 house are perfectly fine in a ,000 mobile home. These include stains on flooring, wall taping and bedding, quality of paint job, condition of appliances, etc. These reduced expectations make the investor’s life much easier, as it takes less to make a mobile home ready for sale, and it is much easier to meet the demands of the customer.

You should look at some of the mobile homes for sale in the newspaper to see what is offered in your market, as well as the price points. You will be amazed at how “rough” many of the offerings are, and how low the price points are.

Team up with a mobile home park owner.

Many mobile home park owners would love to work with investors to buy and sell homes in their parks. These types of relationships are essential, as a successful investor will need certain concessions from the park owner to ensure that they get a good return on their investment. These concessions include free lot rent at any time that the home is vacant, help on marketing the home, and sometimes financial bonuses for each home sold.

Start small and add-on based on performance.

The proof is in the pudding. Start off with one investment in a mobile home- maybe ,000 to buy one home. From this one investment, you will learn a tremendous amount about the process, from choosing a decent home to marketing and real-life profit and loss. A normal deal will have a return on your money of 10% to 20% per year. There are certain instances when you will have a much higher return- 50% or more- but these are rare and should not be taken as the norm. Anything less than 10% is unacceptable and you should analyze what you did wrong and learn from it.

When you “partner” with a mobile home park owner, they will take a vested interest in your success and your odds of making a higher return are much greater.

Conclusion.

There are few options today that offer 10% and greater real returns on your investment dollar. One of the safest is mobile home investing. It’s a simple product that appeals to a simple customer. It is not subject to changes of technology that render it useless, or to changes in taste that make it no longer attractive. It has been around, undisturbed, for over 60 years.

Jeff Foxworthy makes very funny trailer park jokes. COPS has a heyday filming scenes of intoxicated people at some of the worst mobile home parks in the U.S. But you have to understand that these are promotional stereotypes- and not the norm. The normal mobile home park resident is just a regular person making their way through life- and offering you a very handsome return on investment.

If a steady 10% to 20% return sounds appealing, you should definitely check mobile home investing out. You can get a complete list of parks that are proactively seeking home investors at the website www.mobilehomer.com.

Related Investing Mobile Homes Articles

Mobile Home University

Austin, TX (PRWEB) February 20, 2008

Real estate investment professionals will want to reserve April 18-20, 2008 on their calendars. That weekend, many of the top names in mobile home investing will convene at the Sheraton Austin Hotel in downtown Austin, TX. Mobile Home Millions 6 will feature three full days of educational briefings, roundtable discussions and networking opportunities. In addition, attendees will be treated to workshops on self storage investing and on owner carryback financing. Real estate investors who would like to sign up for Mobile Home Millions 6 before the conference sells out can do so online at Mobile Home Millions 6.

The brainchild of MobileHomeUniversity.com, Mobile Home Millions was created to provide present and future real estate investors with unparalleled educational and networking opportunities in one of the most profitable real estate asset types: mobile homes and mobile home parks (also known as ‘manufactured home communities’). Currently in its sixth incarnation, this year’s Mobile Home Millions event will cover topics ranging from mobile home financing to manufactured home/land subdivisions to large mobile home park investing.

This year’s Mobile Home Millions roster of presenters will include a who’s who of mobile home and real estate investing gurus. Included on the bill are Steve Case, Corey Donaldson, Tony Colella, Scott St. Aubin, Dyches Boddiford, Pete Youngs, Jack Shea, Blake Donaldson and Steve Waite. The conference’s keynote speaker will be none other than the “father” of the used mobile home business, Lonnie Scruggs. Only super-investor Warren Buffett, himself, could make the agenda more enticing. Since 2003, the CEO of Berkshire Hathaway has invested billions in the manufactured housing industry. In just the last 5 years, Buffett has taken over the top spot in manufacturing, retailing, and lending of manufactured homes in the country.

One attendee of last year’s Mobile Home Millions conference, Greg Stayner, had this to say about the experience: “The seminar was the first one that I’ve been to that includes material that can be used on Monday morning. This is by far the best and most professional real estate conference that I’ve been to in 10 years.” James Maditz, another attendee, echoed his sentiments: “This is a must attend event for anyone considering investing in the mobile home park business or anyone in the business looking for help. The education that I received during the event was priceless…”.

If that feedback is any indication, seats to Mobile Home Millions 6 will sell out quickly, so early registration is encouraged. Registrants who sign up for the conference by March 31 will save over $ 195 on the price of admission, with free entry to the self storage and owner carryback financing workshops included.

To learn more about Mobile Home Millions 6 and its mobile home park investing cast of presenters, visit the conference detail page online at Mobile Home Millions 6.

About Mobile Home University: www.MobileHomeUniversity.com is the leading online Web site for mobile home and mobile home park investor education. It provides investors with the hard-hitting advice and information they need to succeed in the manufactured housing industry. Mobile Home University presents a full range of teleseminars, boot camps and live events, including Mobile Home Millions, now in its sixth year. Visitors to MobileHomeUniversity.com may access free manufactured home articles, an active mobile home forum and a topical and timely blog. In addition, they may opt in to a free mobile home park investor’s e-zine.

CONTACT INFORMATION:

Mobile Home University

(858) 964-0870

mhm6@mobilehomeuniversity.com

http://www.mobilehomeuniversity.com

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More Mobile Homes And Real Estate Press Releases

Orange County, CA (PRWEB) September 30, 2005

The 2005 Mobile Home Millions Conference, taking place at the Anaheim Convention Center November 19-20, promises to be the industryÂ’s premier event of the year. Sponsored by http://www.MobilehomeUniversity.com and lead by industry icons Steve Case and Corey Donaldson, the Mobile Homes Millions 3rd annual event will host the top names in the Mobile Home Park business over an action-packed two days of roundtable discussions, live deal-making sessions and numerous opportunities for networking with the best in the business. A must for any novice or expert in the industry, the Mobile Homes Millions Conference has successfully joined leading investors and industry professionals from all over the United Sates. With two years of proven success, 2005Â’s Mobile Home Millions Conference promises even more excitement and momentum for a growing industry.

Mobile home industry legend Lonnie Scruggs, author of “Deals on Wheels” and “Making Money with Mobile Homes”, highly recommends this event as he personally benefited from previous Mobile Home Millions: “I attended last year’s Mobile Home Millions Conference. The networking, roundtables, and deal making discussions were outstanding. Corey Donaldson and Steve Case are definitely experts in the mobile home park business. If you are serious about making money in the mobile home industry this is a must attend event!”

MobileHomeUniversity.com is the leading online website for the mobile home and mobile home park investing business. MobileHomeUniversity.com provides hard-hitting advice and information to investors about the mobile home park industry.

Please visit http://www.mobilehomeuniversity.com/mhm3.html or call 949-872-2881 for more information or to enroll in the 2005Â’s Mobile Home Millions annual conference.

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Finding Out Why You Should Buy Mobile Homes

You can buy mobile homes for much less than stick-built houses in most areas of the country. Despite the common predjudice against them, mobile homes are the cheap housing choice of millions. While the advantages are not always obvious, they are real.

One of the advantages is fast equity buiding. You see, the myth about mobile homes depreciating is only half true. In parks they generally go down in value over time. Buy mobile homes on land, though, and they’ll usually go up in value.

Buy Mobile Homes With Real Estate

My first home was a mobile, and it doubled in value in the twelve years I lived in it. The home deteriorated a little (don’t all houses?), but the value of the land rose. With a lower price than a “stick-built house, the mortgage payments were lower. Because of the shortened amortization (seven years), and lower loan amount, I built equity fast.

Buy Mobile Homes To Build Equity Fast

A house with a 0,000, 6%, 30-year mortgage loan gives you a payment of 9.60. 0 of the frst payment will go to interest, .60 to principal. You built equity of .60 (I’m ignoring appreciation for the moment).

A mobile home on land, with a ,000, 8%, 10-year mortgage gives you a payment of 3.99. The higher interest rate is normal with mobiles. The shorter term is normal too, so you’ll own the home free-and-clear in 10 years instead of 30. The first month, 0 will go to interest, meaning 3.99 goes to principal. You built more equity in this scenario.

A mobile home on land might appreciate more slowly than a “regular” house, but faster loan pay-down probably may cover this factor. Now, if you also chose to bank the difference in payments (5.61 per month), you’d definitely be better off financially with the mobile home versus the more expensive home (Except during times of fast appreciation).

You can pay less per month and build more equity. Your real estate agent won’t tell you this, and don’t expect him to agree even after you explain it. Math skills aren’t part of the licensing requirements (at least they weren’t when I sold real estate).

Other Advantages

You can do what you like with the home when you own the land. I rented rooms in my home, and took in more money than it originally cost.

Mobiles are cheap to maintain. I once had a furnace die in a mobile home I owned as a rental.This is about the most expensive repair you’ll have in a mobile. I replaced it for ,200, which is much less than a furnace for a larger home. For 0 you can tar the roof, or if you do it yourself, instead of ,000 to re-shingle a traditional roof. Windows, plumbing, and doors are all cheaper.

Property taxes, because they’re based on value, cost less. Insurance is less because you’re insuring less value. Just be sure you can get insurance before you buy. Some old mobiles may be uninsurable in some areas.

I wouldn’t buy a mobile home if house prices for houses are just as low in the area. We bought a house near Butte, Montana for ,500 – less than mobile homes for sale there (See a photo on our site).

Will your own needs and predjudices let you be comfortable in a mobile home? It’s something to consider. They may be in areas you don’t want to live (true of houses as well). These are personal things you have to consider.

Why buy mobile homes? The advantages are clear for young people starting out, who may have no other options. It may also be your better option, when you consider the lower price, the simpler, cheaper maintainance, lower monthly payments, low property taxes, lower insurance costs, and faster equity build-up. Why not buy mobile homes?

More Mobile Homes And Real Estate Articles