Jan 31, 2020
Glenn Stromberg, Principal of Stromberg Investment Group, has over 30 years of experience in the real estate and housing market in Texas, North Carolina, and South Carolina. His hard-won experience and battle-tested systems set Stromberg Investment Group apart.
Today he joins Wendy Sweet and Bill Fairman.
His book, Private Lender Secrets, explains how private lenders and real estate investors can work together and create mutually beneficial partnerships.
Mobile homes are an underutilized market for real estate investing.
Double wide manufactured homes are his focus now.
He buys 10-15 properties a month. He finds them by asking marketers to pass over their mobile home leads. MLS and HubZoo are also sources of leads.
They use all Private Money investors to finance deals. They are 100% passive.
Once acquired, they rehab the properties. They get the house to new condition which pushes maintenance years down the road, and give tenants a place they are proud to live in.
They are competitors with apartments, except they have a yard and other advantages. Normally there is a line up of people who want to their mobile home on land.
To learn more about Glenn's company: https://www.stromberginvestmentgroup.com/
Mobile investing info:
"Don't try to reinvent the wheel. Find someone who has the success you want, and model them" ~ Glenn Stromberg