19 of 19 people found the following review helpful:
1.0 out of 5 stars
This is not how to material, July 26, 2006
This review is from: Hidden Profits in Mobile Home Investing: How a Real Estate Investor Stumbled on to the Lucrative World of Mobile Home Investing! (Audio CD)
This material basically tell you how the author become MH investor. There is no "how to" information that you can learn. If you would like to know how the author become a MH investor, then this will be an interesting material for you. If you are looking for a "how to" material than this is not for you.
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18 of 19 people found the following review helpful:
1.0 out of 5 stars
Not Worth the Money, December 28, 2006
This review is from: Hidden Profits in Mobile Home Investing: How a Real Estate Investor Stumbled on to the Lucrative World of Mobile Home Investing! (Audio CD)
This NOT a how-to on buying mobile homes. It is a puff piece trying to convince you that buying mobile homes is a good investment. The whole thing lasts less than an hour. Much of the beginning is Jerry's personal story about not being able to figure out what he wanted to do with his life. Do I care? Not if it doesn't give me detailed information that helps me buy mobile homes I don't.
What little concrete evidence he offers isn't so concrete; he can't remember exactly when he bought this or that property in his examples, or how much exactly he paid for it. So, how is this helping me, exactly?
Listen up and I'll summarize this entire cd for you: Jerry flipped houses. Jerry thought trailers would be neat to invest in. Jerry bought trailers and did make some money. Then, finally Jerry tells you that to really make money you need to buy mobile home PARKS.
Thanks, Jerry. That's like writing a book on flipping houses, then telling people in the last chapter that to make real money you have to buy your own town.
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6 of 7 people found the following review helpful:
3.0 out of 5 stars
Like All Other "You Can Do It, Too" Program Introductions, August 14, 2008
This review is from: Hidden Profits in Mobile Home Investing: How a Real Estate Investor Stumbled on to the Lucrative World of Mobile Home Investing! (Audio CD)
Robert Kiyosaki, founder of "Rich Dad Education" utilizes a clever little analogy that he entitles the "crab in the bucket." Let me declare from the start that I am not one of these crustaceans who once trapped in a bucket reflective of the rat race quickly clamps onto their fellow bucket mates with the goal of keeping them from getting out of the middle class money quagmire with a veritable encyclopedia of reasons why a different outlook on wealth procurement will not work. Real estate definitely has its advantages as both a business and an investment; my hat is off to anyone who recognizes this early on and decides to learn as much as they can about its inner workings. For as attractive as real estate can seem, it also can be an iceberg of unknown pitfalls which need to be identified before trawling around in waters rank with sharks intent on taking your money.
Like others who have purchased "Hidden Profits in Mobile Home Investing," I was doing my due diligence, examining a field of real estate investing that was broached in a 3-day seminar I took ran by the Rich Dad folks. According to my instructor, a self-proclaimed megabuck real estate investor, the mobile home end of the business waxes lucrative in a way that cannot be imagined and bears the time and effort of a thorough investigation. However, sincere, this 45 minute audio presentation by Jerry Hoganson barely skims the surface; in fact, Jerry seems to have taken a page from Robert Kiyosaki's notebook, assuming that his audience appreciates his "Real Estate Idol" approach and will clamor for more. He relates his personal story instead of bulleting the actual procedure necessary to replicate what he has accomplished.
Now, I am not saying that this audio presentation is meant to be a mobile home real estate primer. What I am saying is that it would be nice to cut to the chase and instead of getting all the background facts about Mr. Hoganson's career crossroads just hear what it takes to get your feet wet in this field.
Indeed, Robert Kiyosaki's success in real estate can only be admired, however his presentations are incredibly repetitive, focusing mostly on mindset rather than content and plausible execution steps. Kiyosaki's audio programs are meant to spur you on to purchase further education from his affiliated Wealth Intelligence Academy--most of which are three days of so much information you will satiate early on and miss 40% of the course material. Mr. Hoganson seems to be imitating this tried and true business system; this audio program whets your appetite and moves you on to checking out the MobileWealth.com webpage where other more pricey books and audio programs await, leading up to the expected seminar.
Don't get me wrong; the information is good. Nonetheless if you expect to be purchasing a mobile home for investment purposes after listening to this CD, think again. In fact, don't even buy it if you are already sold on the fact that investing in mobile homes is a viable investment strategy. If you are looking for a step-by-step approach to mobile home investment, you can, of course, peruse Mr. Hoganson's webpage or you can purchase a relatively inexpensive set of books by Lonnie Scruggs, "Deals on Wheels" and "Making Money on Mobile Homes" from his respective website or scout for it on Ebay.
Bottom line? "Hidden Profits in Mobile Home Investing" is a 45-minute audio presentation meant to entice newbie investors into the world of mobile homes. Not meant as a meaty "how to", this is simply a glimpse of how one man found mobile homes to be a lucrative investment. Recommended only if you don't know mobile home investment can make you money and keep you so busy that your phone will never stop ringing.
Diana Faillace Von Behren
"reneofc"
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