Mobile Home Wealth: How to Make Money Buying, Selling and Renting Mobile Homes [Paperback]

Zalman Velvel (Author)

Book Description

Publication Date: August 15, 2008

For years, mobile homes have been the butt of jokes—and definitely under the radar of most real estate investors. Yet for a small but growing group of savvy investors, they have become a tremendous asset. Written by one of the top professionals in the business, Mobile Home Wealth is an easy-to-understand book that can guide you to one of the most lucrative investments in real estate.

The author begins by presenting the basic principles and practices of real estate investing. He then applies these principles to mobile homes, covering every step of the investment process from choosing a home to financing the purchase, negotiating the price, improving the property, and selling or renting for maximum gains. Whether you are looking for a smart addition to your portfolio or searching for a new and different business, this book will forever change the way you view mobile homes.

Editorial Reviews

About the Author

Zalman Velvel has been a fulltime real estate investor since 1981. His family owns and operates five mobile home parks, as well as warehouses, offices, duplexes, mini-warehouses, and motels. Zalman holds the coveted CCIM designation, as well as being licensed as a real estate broker, mortgage broker, auctioneer, mobile home dealer, and former real estate appraiser. Zalman is also licensed as a real estate trainer, and has trained more than 5,000 people in real estate investing.

Product Details

• Paperback: 376 pages
• Publisher: Square One Publishers (August 15, 2008)
• Language: English
• ISBN-10: 0757002374
• ISBN-13: 978-0757002373
• Product Dimensions: 8.9 x 6.1 x 0.9 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #67,456 in Books (See Top 100 in Books)
  • #7 in Books > Business & Investing > Real Estate > Sales
  • #29 in Books > Business & Investing > Real Estate > Buying & Selling Homes
  • #62 in Books > Business & Investing > Real Estate > Investments

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Customer Reviews

Most Helpful Customer Reviews

18 of 18 people found the following review helpful:

5.0 out of 5 stars This is an AWESOME BOOK!, June 7, 2009

By 

Wade A. Alderson "Avid Reader" (Claremore, Ok USA) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: Mobile Home Wealth: How to Make Money Buying, Selling and Renting Mobile Homes (Paperback)

This book has everything but the kitchen sink! I have been to two seminars costing over $350 each and they didn't cover half the stuff this book does. The home work he gives you at the end of every chapter goes a long way in getting you started. I read the book cover to cover the first time. Then I help a friend who went chapter by chapter doing the home work the second. By the time he was done with the book the second time (5 months ago), he had everything in place and have been purchasing one mobile home a month ever since to great success, with a positive cash flow after expenses of $1,500 a month so far and plans to keep going.

16 of 16 people found the following review helpful:

5.0 out of 5 stars Finally - a book with the real nuts and bolts about how to invest, March 2, 2009

By 

Steve S. Streetman (Upper Marlboro, MD USA) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: Mobile Home Wealth: How to Make Money Buying, Selling and Renting Mobile Homes (Paperback)

If you're looking for a 'cheerleading' book about how great real estate investing is or how easy it is to do no-money-down deals, there are plenty of choices. If, like me, you want to see a book that gives real, practical advice on how to invest: finding and evaluating good deals, checking out the property, getting it financed and managing it, buy this one.

This is not a light read, but it is easy to follow and it lays out one of the clearest and most complete paths to investing I've seen anywhere. I read it quickly, but will also use it as a reference as I begin investing in mobile homes. If you plan to invest in mobile homes, any one of about fifty tips in this book is going to save you way more than the book's cost. I wish there was a book like this for every real estate investing sector.

15 of 15 people found the following review helpful:

5.0 out of 5 stars Excellent Book! (!or shall I say investment), July 30, 2009

By 

SMR (Catasauqua, PA) - See all my reviews

This review is from: Mobile Home Wealth: How to Make Money Buying, Selling and Renting Mobile Homes (Paperback)

This book doesn't provide high level topics with vague details, like you get at most investing seminars. It covers each topic thoroughly down to boxed and highlighted equations, where necessary. The book contains 3 key sections: Profit Strategies, the 5 Green F's that tell you have to actually execute each deal, and the basic principles of wealth. Another HUGE perk is that this book contains many example forms at the end from contracts, Leases, FSBO call sheets, inspection sheets, etc. For less than $20, this book is an enormous value. Not only does it motivate you but the topics are so clear, it almost takes away any fear you might have about starting in investing. Lastly, the author speaks in a clear, simple, and easy to understand voice that is quite humorous at some points.

As you can tell, I can't say enough about how awesome this book is