In this YouTube presentation, Nichole Briscoe outlines multiple exit strategies for mobile‑home investing beyond the common approaches of renting and wholesale. She begins by describing wholesaling as a low‑cost, quick‑turn method that requires only modest marketing spend and involves matching sellers with buyers for a fee. She then contrasts this with renting, highlighting its steady cash flow, low eviction rates, and the occasional maintenance or vacancy challenges. Next, Nichole introduces the "handyman liaison" model, where she subcontracts repair work to a vetted crew, adds a referral markup, and sells the service to park owners who cannot directly hire investors. She shares her experience running a group‑home/boarding‑house model that rents individual rooms to elderly tenants, generating higher per‑room rents and benefiting from stable, guaranteed Social Security income. The video also covers owner/seller financing, positioning the investor as a lender who collects payments but eventually loses the property once the loan is paid off, emphasizing the need to continually acquire new deals. Nichole then describes her role as a mobile‑home specialist who earns a finder’s fee by matching renters or buyers with suitable homes using her network of students and park owners. Throughout, she intersperses anecdotes (e.g., a student earning $3,500 from a wholesale deal) and practical tips (referral fee structures, timeline padding). The presentation concludes with a call to join her paid coaching community, which offers contracts, courses, and three‑times‑weekly instruction for a modest daily fee.
Chapters
Listen, let's talk about the how. How are we making money with mobile home investing?
Mobile home mommy.
All right, what's up everybody? Today we're talking about how we're making money investing in mobile homes. Everybody think the only thing that you can do is rent them. and wholesale them. That is not true. There are so many other exit strategies. You just got to get creative with what you're doing. Since I've been doing this since 2020, the past 6 years, I found a few other ways and I'm gonna share them with you today. So number 1, we'll get into it— wholesaling. Wholesaling is easy and it's quick. Why? Because you can get started with about $500 for your marketing material. You market, you're— all you're doing essentially is connecting a seller A person that needs to sell with a person that needs to buy the home. You are the middle person. You are making sure that everything gets done. You're making sure the seller has what they need. You're making sure the buyer gets the home sold, the title transfer. You are playing the middle person with connecting. The pros with selling is— the pros with wholesaling is, guess what? It's quick, right? I just had a student Last week, and I'm gonna show you, I'm gonna show you right here. You see that? That's CeCe.
Let me tell you how crazy it is. So I just came back to get my money from selling a home. I got my receipt book also. I'm keeping track, but I also got my money down.
She just made $3,500. How? Wholesaling. She found someone that needed to sell. She found someone that needed to buy what she had, connected the two. She made a fee. Pros, the pros is it's quick. The cons is it's not monthly cash flow. It is a hustle. You have to continue marketing over and over to get more leads in, which leads to the next exit strategy, renting. Renting is phenomenal because you will make money always and forever. What I love about renting mobile homes, the— is that the pros is I'm going to have money until I decide to sell the property, right? So every single month I'm going to receive money in my bank account continuously, continuously. Now the cons of renting is what? You have to deal with maintenance requests, but dealing with maintenance requests truly falls back on you. Did you put money into a good rehab? That's a question you have to ask yourself, right? So the cons for renting could be maintenance requests. The cons for renting could be vacancy in property— properties. But I'll be honest with you all. In the past 6 years of doing this, I've only had 2 evictions, and I've only had 2 evictions because people not leaving mobile homes, y'all. They're affordable housing, and there is an affordable housing crisis. People need what we have. Okay, the next strategy, I kind of made this one up— the handyman liaison. I started realizing going inside of these mobile home parks A lot of these parks were like, hey, we don't need your help. We don't allow investors. We're fine. But what I took notice in the park was they had vacant lots. They had vacant homes. So I decided to start asking a different question. My questioning became, I understand you do not allow investors in your park, but I see you have a need for someone to fix up these homes. And they said, well, yes, we do need some help with the homes. Do you have a crew? Yes, I do have a crew. And so essentially what I do when I say handyman liaison is I subcontract out my handymen. So I have a good set of handymen that assists me with my rehabs. So they will go in, they'll give a quote to me, and once they give a quote to me, I will turn around and give the quote to the park owner. So for example, if I have a park owner that needed a mobile home floors done, a toilet fixed, and the home needs to be painted. My handyman was charging $4,000. I would take it back to him and say, hey, we can get this done for $4,600. If my handyman told me it could be done in 3 weeks, I would tell the park owners that it could be done in a month. My goal is to tell them an extended timeline so that Once they see it's done in a timely manner, they're like, wow, could you help me with the next property? So I do a lot of handyman liaison work. My work got upgraded when someone asked me, could you help me with a septic job? Now y'all, I didn't know anybody that did septic. I've been asked to do tree work. I didn't have anybody that does tree work, but guess what I did? Find somebody. Found them. I found them, right? And I subcontract those services as well. You have to understand, the larger the empire, the less work the owner wants to do. So I can hear some of you all now saying, well, why can't they do that themselves? Because it is hard work finding and vetting people to do said services. I've only been doing this for 6 years, 6 years, and I've had some trouble with handymen. Now I have a good handyman team. Now I have a the guy, electrician, plumber. So now when the work comes, me and my guys, we have a system. I even have a relationship with my guys where I'll send them directly to go and give a quote, and I always say, hey, make sure you add me on a $400 referral fee, make sure you add me on a $200 referral, just depending on what the job is. Instead of me writing up a quote, I will send my guys directly and tell them to add on my service fee. It works because I find work for them They don't mind giving me a referral fee. So handyman liaison is amazing. The next exit strategy is group homes. Y'all listen, I own 4 group homes. I do the unlicensed model, so typically my homes are classified as boarding houses. My population that I serve are elderly people. Why? Because there are so many elderly people That have limited income and they can't afford to live in an assisted living facility. Now, I want to be very clear with this strategy. I rent rooms out to elderly people who are independent and can do for themselves. I've been doing this model as long as I've been investing in mobile homes, but when I first started renting rooms out, I would rent a room out to anybody that needed somewhere to sleep. So I had a 20-year-old in there with a 40-year-old, and I realized it was— the turnover was too fast. Typically they were staying for 2 to 3 months. So not only was the turnover too fast, another thing I didn't like dealing with was the complaints I was getting from the neighbors— the noise, people being in and out. What I found with elderly people, they don't give me as much They're quiet, they stay to themselves, and they just need somewhere to stay. The population that I serve, typically I get them from rehabilitation centers where they may have went in for something and came out, like a fall or slip, or also hospitals, even prisons. You'll be surprised, a lot of our people coming out of prison, they're elderly. Most of their family have died off. They don't have anywhere to stay. Another reason I assist with the elderly is because they have guaranteed income. If you are 65 plus, you're guaranteed Social Security. So that is why I help our elderly population. On average, my mobile homes that are group homes— and I want you all to keep in mind that these are inside of mobile home parks. On the mobile home park, on average, the one that I have now, I'm getting $5,000 a month. There is no way that I can rent out a 3-bed, 2-bath for $5,000 a month, but I can because now I'm renting the rooms out. I have private rooms and I have shared bedrooms. That is another exit strategy that I found out. How did I find out how to do it? Because I made a mistake and I spent too much money into a rehab of a mobile home where I'm like, what's the quickest way for me to get my money back? If it's not going to be wholesaling it or renting, what else can I do? Fell into the group home model and I definitely love it. Now, the next strategy for those of you who are like, I don't want to be as hands-on, I want to make the money but I don't want to be bothered, selling a home on terms is going to be for you. Some people call it owner finance. Or seller financing. That means that you are the lender and not the landlord. That means people are going to make payments to you, but they will not call you to say, hey, my toilet is broken, my refrigerator went out. The beauty, the beauty of owner financing is you are strictly the lender. No one is putting down a deposit. They're putting down a down payment, and that down payment is going to the total cost cost of the entire home. The cons of being a lender is just like your car note. After you pay it off, what happens? They get the title and you know you don't have to pay anybody for that car anymore. Same thing with mobile homes. Once you pay— once they pay you that last note, that's it. It's over with. You lose the property because now they've paid it off. So Owner financing, seller financing is great when you just want to sit back and collect the money, but you will have to continue to add properties because you will lose that property. Okay. Another strategy that I absolutely love in investing with mobile homes is being a mobile home specialist. I have so many people that will call me and say, hey, I am moving to the area. I'm looking for a 3-bed, 2-bath. This is my budget. Can you help me? Absolutely. Oftentimes when people are moving out of state, they need someone to do the work for them. So I charge them a percentage of finding a home for them. Essentially what I'm doing is I take the criteria of what they're looking for. I don't stress myself if I don't have what they're looking for, but I have a network of my students inside my school community that have rental properties. So it's always something accessible for me to find for them. I also have, guess what, relationships with park owners. And with finding relationships with those park owners, they let me know, Nichole, you know anybody looking to rent this? You know anybody looking to— We want to sell this. So there are always an influx of leads coming in. So I never fret when I'm searching for someone. I just ask that they give me at least a 60 to 90 days notice to find their property. And typically I'm charging anywhere from 5 to 10% to lock up that deal. Y'all, those are ways, a few simple ways that I've created within mobile home investing. I wanted to share those with you all because those are my top sellers of how I'm making money in this business. But I don't ever want you to limit yourself to thinking, oh, I can only rent a mobile home, or I can only sell a mobile home. There are multiple ways to invest. So tell me below, what ways do you all plan on investing? And if you're looking for one-on-one help and you're like, hey, I really want to work with Nichole, join my school community. I promise you, it's private, it's inclusive, y'all. It's only about 300 of us in there, and we are a family. I teach 3 times a week. Not only do I teach 3 times a week, I also give you contracts. I have courses inside, and I answer all questions in my community. I'd love for you to check it out below. It's only $1.58 a day. No commitment. So hopefully I will see you all inside the community. Beautiful.
