Hey there. Welcome to my blog and to this article on Lonnie Scruggs, father of the mobile home real estate investment strategy called the “Lonnie Deal.” When it. Deals On Wheels. By: Lonnie Scruggs. How To Buy, Sell & Finance. Used Mobile Homes For. Big Profit$ And. Ca$h Flow. Learn How To Put Your Money To. Deals on Wheels has 15 ratings and 2 reviews. Joey said: I Deals on Wheels: How To Buy Sell, and Finance Used Mobile Homes for Big Lonnie Scruggs.
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That pamphlet that you can get on Lonnie Scruggs. Real Estate Books Shop books covering real estate investing and personal finance. John Manasco marked it as to-read Jul 23, John Fedro April 21, Lock We hate spam just as much as you. So Lonnie Deals are cheap to get into, and they have relatively easy paperwork, but they also give a new investor the opportunity to practice the art of screening while searching for a new buyer.
That is pure cash flow. Mike rated it it was amazing Nov 22, I would love to get my hands on this and understand it as I’m about to begin doing Lonnie deals in here in Nevada. Lonnie Deals are financial boomerangs: Refresh and try again.
Deals on Wheels by Lonnie Scruggs | eBay
I got home and guess what. And since they are mobile, they are governed by the DMV.
Account Closedno. Happy to have you as a member of the formula.
Shahzad Noorani marked it as to-read May 12, Mobile homes are literally t railers. But I have to add my view. There is no expense factor. Like I said 1 scrgugs the biggest risk if one where to be placing odds on what things might blow up. The materials were updated in Log In Sign up. The link is in module 1. Want to Read Currently Reading Read. A homeowner call sell their personal primary residence traditional stick-built home, mobile home, condo, town home, etc.
Lonnie Scruggs – A Life Of Giving
I think we have to IM in order to send an number on BP. But I wish I could have let him know the impact his teachings had on my families financial success. What I like about it is this information is put out by someone actually making a living doing lonmie is being taught in all of the modules, as opposed to a marketer who is just put something together to make money.
It may surprise you to learn that Lonnie and I have never formal met face to face. I owe a majority of that success to Lonnie Deals. Whenever I shake hands with a new tenant-buyer I see the look of honor and respect in these families faces.
What’s your best selling tip?
Many investors have found success by implementing the Lonnie Deal. There are much more profitable deal types that also take little cash.
Thank you for your perspective. The Facebook link on his website goes to the page of Cash Flow Depot, a site of real estate investing ideas, tips, strategies, and products. Collected houses and properties, made a bunch of cash, then lost it all when the economy crash hit me like a midnight express coming from the opposite llnnie.
In GA the Safe Act allows 3 per rolling 12 months without being licensed as a bank, some states zero. They have tires, axles, tongues, and they even have odometer. Scored a home today for bucks!! Dawn added it Jul 15, Feb 25, Joey rated it it was amazing. Goodreads helps you keep track of books you want to lonine.
The MLO is needed after your 1st origination state depending. View all Local Real Estate forums. He rocked his gig for a long time, and news of the Lonnie Scruggs death was a hit to the real estate investment community. I also wanted to thank you for being so easy to learn from. Lonnie deals are high yield and high income earners. You have three forms of recourse if a owner decided to to turn on you.
Deals on Wheels: How To Buy Sell, and Finance Used Mobile Homes for Big Profits and Cash Flow
After reading Deals on Wheels, she was both able to avoid a bad purchase and make a profitable purchase. Great posts joey I purchased all 3 of Lonnie Scruggs books from cashflowdepot.
Charles Finfrock added it Jan 19, Make sure to add yourself to our new FB page. Gil Mirkovic marked it as to-read Oct 16, When it came to doing deals on mobile homes, this guy knew what he was doing. In a nutshell, Reynolds says that it usually costs a lot to rehab a mobile home and investors can very quickly sink too much into a junk mobile home to make it a decent investment.