Hey everyone, Travis here from the Property Prophets Podcast! Today, I'm super stoked to share a recent deal that brought in an extra $5,600 per month. Here’s how it went down: I purchased a mobile home park that came with an additional acre of unused land. This wasn’t just any piece of land—it was a potential gold mine!
After cleaning up and utilizing this extra acre, I got innovative. Using just $200,000 from a commercial refinance, I installed two large mobile homes split into studio apartments, creating eight new rental units. This setup now pulls in $5,600 monthly from rent alone. It's all about spotting opportunities and maximizing potential in unexpected places.
For more insights and the full story of how creative financing and thinking outside the box can significantly boost your income, click the link in our bio to watch the full episode. Don’t miss out on these profitable strategies!
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