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Real Estate Investors Take Cue from Warren Buffett at Upcoming Mobile Home and Mobile Home Park Investing Conference

Real Estate Investors Take Cue from Warren Buffett at Upcoming Mobile Home and Mobile Home Park Investing Conference











Mobile Home University


Austin, TX (PRWEB) February 20, 2008

Real estate investment professionals will want to reserve April 18-20, 2008 on their calendars. That weekend, many of the top names in mobile home investing will convene at the Sheraton Austin Hotel in downtown Austin, TX. Mobile Home Millions 6 will feature three full days of educational briefings, roundtable discussions and networking opportunities. In addition, attendees will be treated to workshops on self storage investing and on owner carryback financing. Real estate investors who would like to sign up for Mobile Home Millions 6 before the conference sells out can do so online at Mobile Home Millions 6.

The brainchild of MobileHomeUniversity.com, Mobile Home Millions was created to provide present and future real estate investors with unparalleled educational and networking opportunities in one of the most profitable real estate asset types: mobile homes and mobile home parks (also known as ‘manufactured home communities’). Currently in its sixth incarnation, this year’s Mobile Home Millions event will cover topics ranging from mobile home financing to manufactured home/land subdivisions to large mobile home park investing.

This year’s Mobile Home Millions roster of presenters will include a who’s who of mobile home and real estate investing gurus. Included on the bill are Steve Case, Corey Donaldson, Tony Colella, Scott St. Aubin, Dyches Boddiford, Pete Youngs, Jack Shea, Blake Donaldson and Steve Waite. The conference’s keynote speaker will be none other than the “father” of the used mobile home business, Lonnie Scruggs. Only super-investor Warren Buffett, himself, could make the agenda more enticing. Since 2003, the CEO of Berkshire Hathaway has invested billions in the manufactured housing industry. In just the last 5 years, Buffett has taken over the top spot in manufacturing, retailing, and lending of manufactured homes in the country.

One attendee of last year’s Mobile Home Millions conference, Greg Stayner, had this to say about the experience: “The seminar was the first one that I’ve been to that includes material that can be used on Monday morning. This is by far the best and most professional real estate conference that I’ve been to in 10 years.” James Maditz, another attendee, echoed his sentiments: “This is a must attend event for anyone considering investing in the mobile home park business or anyone in the business looking for help. The education that I received during the event was priceless…”.

If that feedback is any indication, seats to Mobile Home Millions 6 will sell out quickly, so early registration is encouraged. Registrants who sign up for the conference by March 31 will save over $ 195 on the price of admission, with free entry to the self storage and owner carryback financing workshops included.

To learn more about Mobile Home Millions 6 and its mobile home park investing cast of presenters, visit the conference detail page online at Mobile Home Millions 6.

About Mobile Home University: http://www.MobileHomeUniversity.com is the leading online Web site for mobile home and mobile home park investor education. It provides investors with the hard-hitting advice and information they need to succeed in the manufactured housing industry. Mobile Home University presents a full range of teleseminars, boot camps and live events, including Mobile Home Millions, now in its sixth year. Visitors to MobileHomeUniversity.com may access free manufactured home articles, an active mobile home forum and a topical and timely blog. In addition, they may opt in to a free mobile home park investor’s e-zine.

CONTACT INFORMATION:

Mobile Home University

(858) 964-0870

mhm6@mobilehomeuniversity.com

http://www.mobilehomeuniversity.com

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







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Godfather of the Used Mobile Home Business Making Real Estate Investors an Offer They Can’t Refuse – Lonnie Scruggs to Serve as Keynote Speaker at Mobile Home Millions 6

Godfather of the Used Mobile Home Business Making Real Estate Investors an Offer They Can’t Refuse – Lonnie Scruggs to Serve as Keynote Speaker at Mobile Home Millions 6











Mobile Home University


Austin, TX (PRWEB) March 12, 2008

Attendees of this year’s Mobile Home Millions conference will be hobnobbing with some of the biggest names in the mobile home park investing arena. Although Warren Buffett will not be among them, topping the bill will be the “Don Corleone” of manufactured home investing, Lonnie Scruggs. When Mobile Home Millions 6 opens its doors at the Sheraton Austin Hotel in Austin, TX, this April 18-20, the “God Father” of the used mobile home business will serve as the keynote speaker. Real estate investors who would like to sign up for Mobile Home Millions 6 before the conference sells out can do so online at Mobile Home Millions 6 – Learn How to Make Huge Profits in Mobile Home and Mobile Home Park Investing.

A three day extravaganza, Mobile Home Millions 6 will teach mobile home investors how to generate cash flow, build wealth and come out on top of the changing real estate market. Leading experts in the mobile home and mobile home park investing arena will share priceless knowledge on how to get started in the manufactured home and mobile home park business, increase profitability on investments in such markets and network with hundreds of like-minded investors.

Among the Mobile Home Millions 6 lineup of presenters who will reveal their money-making secrets and techniques will be none other than the “god father” of the used mobile home business, Lonnie Scruggs. For nearly two decades, Scruggs has dealt in used mobile home notes and shared his experiences in two bestselling books, “Deals on Wheels” and “Making Money with Mobile Homes”. That kind of experience puts Scruggs light years ahead of the industry’s most famous investor, Warren Buffett, who has been in the manufactured housing arena for only five years.

As one of the most respected national instructors on the topic of making money in used mobile homes, Mobile Home Millions 6 attendees are in for a real treat with Scruggs’ keynote speech. The first to teach others how to make big profits with mobile homes as an alternative to traditional real estate investing, Scruggs is graciously sharing all his insider secrets with the select few who secure a spot at the Mobile Home Millions 6 conference.

Ernest Tew, another legend of the mobile home park investing arena, raved about the Mobile Home Millions experience, “You definitely want to learn from those who are successful and walk-the-talk. The lineup of speakers and participants for Mobile Home Millions represents some of the best and brightest in the industry … you will be hard pressed to find such a large collection of talented investors at any single event!” With Lonnie Scruggs topping this year’s lineup, upcoming feedback for Mobile Home Millions 6 is guaranteed to be as glowing.

To learn more about Mobile Home Millions 6 and its mobile home investing keynote speaker, Lonnie, Scruggs, visit the conference detail page online at Mobile Home Millions 6 – Learn How to Find and Invest in Mobile Homes and Mobile Home Parks.

About Mobile Home University: Mobile Home University is the leading online Web site for mobile home and mobile home park investor education. It provides investors with the hard-hitting advice and information they need to leverage in the mobile home industry. Mobile Home University presents a full range of teleseminars, boot camps and live events, including Mobile Home Millions, now in its sixth year. Visitors to MobileHomeUniversity.com may access free manufactured home articles, an active mobile home forum and a topical and timely blog. In addition, they may opt in to a free mobile home park investor’s e-zine.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







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Austin is the ‘Spring Break’ Destination for Real Estate Investors Eager to Earn Mobile Home Millions

Austin, TX (PRWEB) January 17, 2008

While millions of teens storm the beaches of Fort Lauderdale, savvy real estate enthusiasts will be heading to Austin, Texas for Mobile Home Millions 6 and a spring break dedicated to the art and science of mobile home investing. Mobile Home Millions 6 (‘MHM6′) is an intensive three-day knowledge and networking-focused event presented by Mobile Home University, the leading online website for mobile home and mobile home park investor education. This year’s event will be held from April 18-20 at the Sheraton Austin Hotel, in the heart of Austin, TX.

Now in its sixth year, the Mobile Home Millions conference has established a powerful legacy of helping new investors get started in the business and existing investors increase the profitability of their investments. This year’s event will be no different. Mobile Home Millions 6 will cover a wide range of subjects including how to get started with mobile homes and mobile home parks, how to obtain financing, and how to turn part-time investing efforts into a full-time passive income. In addition to the educational information parsed out during the numerous educational sessions, one evening of the long weekend will be devoted to one-on-one brainstorming with the experts. The event also includes a number of networking opportunities that will allow conference participants to build relationships with real estate entrepreneurs and investors from all over the country.

The MHM6 roster of speakers will include industry legend Lonnie Scruggs, the ‘father’ of the used mobile home industry, as well as Dyches Boddiford, Steve Case, Blake Donaldson, Tony Colella, Pete Youngs, and others. “Mobile homes and mobile home parks can be tremendous financial assets,” reports Corey Donaldson, one of conferences featured investment gurus and co-founder of Mobile Home University. “Just ask Warren Buffett.”

Follow The Leader

Since 2003, Warren Buffett has become the nation’s number one manufacturer and holder of mobile homes notes by acquiring Clayton Homes for a cool $ 1.7 billion and bankrupt Oakwood Homes in 2004. “Manufactured housing…can deliver very good value to home purchasers,” he explained in his 2003 shareholder letter. “Indeed, for decades, the industry has accounted for more than 15% of the homes built in the U.S.”

Mobile home parks, also referred to as manufactured home communities, are “a perennially stable real estate investment, as evidenced during 2006, by its improving 91.3 percent national average occupancy rate and attractive 41.1 percent average operating expense ratio.” (Source: Allen Report, an analysis of more than one-quarter of the approximately 500 portfolio ‘known’ owners and operators of land-lease communities in the U.S. and Canada)

Rich Man, Poor Man

Donaldson is quick to point out that, “You don’t need Warren Buffett’s deep pockets to invest in mobile homes and mobile home parks.” Whether you have cash, equity, or are “willing to put in sweat equity,” says Donaldson, it is possible to use mobile home investments to create a lifetime of cash flow. “But you do need a solid foundation and education in the business.”

For more information about Mobile Home Millions 6 or to learn more about the educational resources offered by MobileHomeUniversity.com, visit http://mobilehomeuniversity.com/mobilehomemillions/.

About Mobile Home University

www.MobileUniversity.com is the leading online website for mobile home and mobile home park investor education, providing hard-hitting advice and information to investors about the mobile home industry. Mobile Home University presents a full range of teleseminars, bootcamps, and live events, including Mobile Home Millions, now in its sixth year. Visitors to MobileHomeUniversity.com may access free articles, an active forum, and a topical and timely blog, as well as opt-in to a free investor’s ezine.

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Baltimore Real Estate | Judging the Market with an Investor’s Approach

Baltimore real estate has long been a barometer for the rest of Maryland. But now, in the recession, the city is behaving out of character. One day things might look promising; the next, not so good. With the rest of the state looking for guidance, it is easy to see how many realtors are concerned. But the truth is the market is trying to work itself out. It is vulnerable to the economy. It is aggressive in its method. And it will not go away. Gently. So, the big question is when and how the market will recover, not if it will recover. Last weekend, investment guru Warren Buffett of Berkshire Hathaway stated that the focus must now shift to the troubled real estate sector. Residents and businesses in the Baltimore area would agree that his concerns are well-founded. With a high percentage of non-performing real estate loans and with bank balance sheets loaded with over-valued mortgages, banks need improvement in the real estate sector to reverse defaults and raise market values. This week, the real estate industry took heart as March construction spending increased 0.3%. More sobering is the reality that construction spending was still 11.1% below March 2008 expenditures. Furthermore, commercial construction activity may be misleading as The Obama administration has launched aggressive infrastructure renovations, which have impacted commercial construction figures. Private residential construction fell 4.1% compared to March 2008. Housing prices have tumbled by 21.8% since market peaks in 2006-2007. According to a U.S. Postal Service and Housing and Urban Development report, 3% of U.S. homes or approximately 4 million residences have been vacant for 90 days or more. Vacant homes and increasing foreclosure activity are driving market values to sharp declines. As property levels shrink below mortgage amounts, “it becomes a vicious cycle,� according to Jennifer Vey of the Brookings Institute. Vacant housing leads to decreasing property values and falling tax revenues. Neighborhoods with vacant properties have troubling social characteristics and tend to deteriorate very quickly, dragging surrounding property values with them.  According to the Postal Service report, Franklin County in Ohio has the largest percentage of vacant housing. Baltimore County is the tenth most vacated county in the U.S. So there you have it, the news is not good. But for a savvy investor, now could be the perfect time to secure a deal with a prime piece of real estate.

Michael Russell writes about a variety of subjects. This article discusses Baltimore real estate. For more information, visit the Real Estate Book.