Sunday, October 25, 2009
Mobile Home Park Bootcamp :: Student Success Story
Mr. & Mrs. Smith,
I wanted to update you as to the progress my father and I have made since attending the Mobile Home Park Bootcamp. First I must give credit to Mr. James Smith for his enthusiastic and very enjoyable speech about Real Estate with the “Motivator Movers” when he came out to Kansas City, Missouri about one year ago. It was his charismatic and politically incorrect attitude that grabbed my attention to even sign my father and myself up for the three day seminar. Once we attended the seminar, I was hooked on what you, Ryan and Jamie, did.
You see, my husband, First Sergeant Mike P., had been deployed to Kosovo and, while in Kosovo, the company he had been with for seven years lost the government contract which provided security services to a four- state area. This meant he did not have a job to come home to, and I saw this as a perfect opportunity for my husband to put his love of negotiating to work for him. He is a very driven and ambitious man, and I just felt very adamant about participating in the Mobile Home Park Bootcamp.
My father could see how serious I was, and that we had nothing to lose, so he fronted the money and off we went to Kentucky for our first experience with Mobile Homes. He and I were very impressed with the “win win” attitude by the family and soaked in as much information as we possibly could.
After we came home, my father and I proceeded to put together our own Mobile Home Park Bootcamp Seminar for my Mother and Mike because we felt it was very important for them to know as much as we did in order to make a very important decision on forming our own company, and we did just that.
What first started out as a homework assignment from the continuing education on the web about mobile homes turned into a real estate investment business. We are the proud owners of (Name Omitted), LLC and own 27 mobile homes in various mobile home parks in the Kansas City Missouri area and have just purchased our first mobile home park. Mike was able to negotiate with the Seller with a sales price of $110,000 with a down payment of $10,000 and seller financing of the $100,000! There is $9,000 worth of notes coming to us and four park owned homes. The seller’s original asking price was $140,000!
My family and I cannot thank you enough for the information you were so willing to share and how it has changed our lives! We work for ourselves and are reliant only on our own ability to put forth the effort to make a better life for our family. Since Mike has come home from Kosovo, he has been able to retire, and we never have to worry about our family being separated again. Our young children cherish every moment that they are able to share with their father. Owning our own business now allows us the freedom to raise our children together and become a closer family. Thank you again.
