Montana Bound!

Welcome back,

If you are reading this page than I have no doubt that you have a proverbial fire burning inside you right now. This fire may be hounding you daily to consistently be doing and achieving more (or at least knowing you’re capable of so much more). This fire is a great thing! This inner drive we possess may make you a success and keep you reaching for greater things in your life. I say “may” in the last sentence because your future is in your hands. You do have what it takes to achieve your goals.

For my first few years investing in real estate (2002-2005ish) I over pushed myself (forced or bullied myself is a more accurate word) to constantly stay active and remain busy in my local real estate trenches. I encouraged myself daily (60-80 hour weeks) to focus on the basics over and over and over again. A big motivation was an unrational fear of losing out on an opportunity or perhaps the fear of simply nothing to do.

Adopting the traits below really helped start to change my attitude from axienty-based towards gratitiude-filled and a strong healthy-motivation.

1. Motivational Dissatisfaction: To be grateful of where you currently are in life and what you have; however you are still actively striving to achieve more daily.

2. The Power of No: The power of No can often times be more valuable than the word, Yes. Guard your free time and work time like they are Gold! Keep your attention laser focused on your core mission. Outsource what is possible and take action daily.

Pro Tip: There is a great book written on this exact topic. The Power Of No by James and Claudia Azula Altucher.

3. Micro-Vacations: Spending 5 days in Kalispell, Montana during Oktoberfest with some amazing friends will be a trip I won’t forget. I am grateful every day that I’m able to own properties, help buyers own property, and help others investors buy/sell mobile homes daily. I truly consider myself one of the most fortunate people on the planet. Make sure to be:

  1. Setting your goals high.
  2. Having a realistic plan to achieve your goals,.
  3. Take daily action working your plan.
  4. Making corrections and asking questions as needed.
  5. Rewarding yourself (and your family) with micro-vacations.

This is all very much easier said than done… It always is. Actions speak so much louder than words. With that said you do have what it takes to become a success in almost any business you wish to focus on and pursue.

Thank you for reading along… Let’s pretend we are sitting together and I’m flipping through some pictures showing you my trip. The picture above is of Flathead Lake, outside of Kalispell. I’m the guy all the way on the left and the rest of these characters are old friends I have known for almost 20 years. I love that while some people are in our lives for only brief moments, there are other loved-ones who we are so fortunate to know for years and years.

Pro Tip: Tell someone you haven’t talked to in a while that you love them.

In the picture above I’m sitting right where we were all standing. I couldn’t get anyone to sit next to me for the picture. The time was late October however the temperature really wasn’t that cold, perhaps in the 50’s. I certainly don’t stand up to cold temperatures well.

The pictures above and below were captured not too far off the side of a highway. Montana really does have some of the most beautiful landscape I’ve ever seen. I’m so happy to live in a country that has such a diverse topography and landscape. Whether you want to live by the beach or the mountains, cold or hot, you certainly have the options.

The picture below is on the first day we all met in Kalispell and got off our planes. We didn’t waste time and quickly headed to an Oktoberfest beerparty happening downtown.

  • The Locals = Immediately friendly.
  • Landscape = Prettier than Texas. Sorry Texas.
  • Beer = Delicious, however I’m not too hard to impress.

While I do not have any proof or pictures, you’ll have to take my word that me and the gentleman all the way to the right (in the picture below) WON 1st place in the Men’s Log Sawing competition at the Oktoberfest festival! We were by far the 2 smallest guys in the competition, however our saw never got jammed once. Plus it didn’t hurt that all our competition was tipsy/drunk, and we were still fairly sober at this point.

Thank you so much for following along. I do hope this article has been helpful in sharing some things that have helped me and others over the years. Remember that your journey to success is a journey. Have fun every day and make sure you’re spending time with people you love and respect. If you are currently working a side-business than I strongly encourage you to spend time weekly with like-minded entrepreneurs and go-getters.

Love what you do daily,
John Fedro
support@mobilehomeinvesting.net

 

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Chicago, Puppies, Outsourcing & A Humbling Experience

Welcome back,

This last trip to Kansas was extremely fruitful at the mobile home park. After firing one handyman and two general contractors – I believe we have now found 2 very good crews of mobile home rehabber that are currently working on repairing a few dozen vacant mobile homes as I sit and type this article. Once repaired these mobile homes will be sold to local rent-to-own buyers with high prides-of-ownership and clean semi-backgrounds.

Side note: What a great business is this. We investors are able to hire out rehab work to concentrate on finding more deals and becoming better known in the local market.

Already in the community there is a buzz of excitement. All the updating of homes, painting of community buildings, and refreshing the playground has brought the community together volunteering some of their time to pitch in to make the park a home for everyone.

In August we held our 2nd quarterly meeting in the park community building. While there were a lot of good ideas discussed and new changes announced, there was not as many attendees as expected. 11 residents out of 56 attended the meeting. This is up a few people since the first meeting.

Now that there are homes for sale and homes currently being rehabs our marketing machine is turned ON. In the last week alone we have received over 34 calls from buyers or renters (we are not looking to rent) looking for homes to own. Currently 4 homes are spoken for and set to close next week. 🙂

Mindset: Due to the number of quality homes vacant in the park, our philosophy is not one of greed; instead while filling rehabbed homes we will offer extremely affordable move-in arrangements as long as all buyers are low-risk. Low -risk translates to no evictions, no violent crimes, good consistent income, plus a credit score over 600 is good to see too.

rent to own banner up front

New banner advertising Move-In Specials in English and Spanish

East Down & Chicago Bound

I arrived on Thursday and had 2 more days to enjoy and explore before attending a client and friend’s wedding. My hotel was in the city so I was able to travel most places by subway or walking. With my cell phone, wallet, and laptop I took off each morning and explored the city with leisure.

the bean chicago

The Bean. What a cool monument. Did you know the Bean is made from 168 stainless steel plates welded together.

under the bean chicago

Underneath the Bean. It was so nice to be in the shade.

chicago skyline

In the 2 days I had free it was unbelievably relaxing exploring a new city. Everyone I met seemed friendly and willing to chat for a bit. While traveling I tend to grade my liking of that city by how the majority of people treat others. Chicago gets a passing grade in my opinion. While there I had fun:

  • Stopping into shops
  • Visiting art and natural history museums.
  • Catching a comedy improv show club.
  • Stopping by neighborhood pubs.
  • Seeing a major library. (A secret passion I like to do in bigger cities.)
  • Calling back sellers. Lined up 1 mobile home to purchase and move into my park.
  • Calling new sellers. Setting new appointments for when I returned to Kansas in a few days. 
  • Organizing future campaigns and systems.
  • Making other real estate related calls.
  • Productivity meets fun and enjoyment!

Your time is now: I say all this to encourage and challenge you to build your business to a point where you naturally need to start outsourcing your repetitive and time-consuming tasks to others. Once you start, you’ll be instantly addicted. Do not worry about the money, by this time you will naturally be producing regular income and cash-flow in your investing business. You can absolutely achieve your goals with proper planning and daily action.

Pro Tip: Outsourcing your investing business is a natural progression of a scalable business. There are people and technologies to help relieve you of many of your routine and daily operations. More time to focus on working with more leads, increasing business, spending time with family, traveling, etc.

art chicago

Super Humbled and Honored

An active real estate investor that reached out to me for help February 2014 invited me to his wedding. Vince joined our Mobile Home Formula training in February 2014 and has since closed multiple mobile home deals for cash-flow and helped many families own homes that never thought they could. Vince has appeared on a few case studies (See below) sharing his lessons, successes, and mistakes for everyone’s benefit.

wedding chicago

Having never met Vince face-to-face before I quickly agreed to his invitation. 🙂 When I created my first blog online in 2005 I never thought it would lead to close personal business and friendship relationships with like-minded investors across the country communicating only through Skype and phone. Thank you to everyone for your readership and support. Every day that goes by I look for more way to serve you better with my past successes and failures. If you have any blog or video topic ideas never hesitate to reach out.

New Puppy

oso and john

While we are on the subject of unexpected events – I adapted my mobile home park puppy. Meet Oso, Spanish for bear. He was the biggest puppy of the litter. Our park manager’s dogs had a litter of puppies, and Oso was born. Never would I have thought my family would get bigger as a direct result of mobile home investing. So far Oso is adapting to his new life marvelously. He’ll be back to see his family (Mom, Dad, and 2 brothers) in a few weeks when we head back to the park to visit.

Love what you do daily,
John Fedro

 

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