Long-time reader of the forum, but first-time poster. I am very interested in becoming a mobile home park owner in the future, but I understand that there is a lot to learn first. In addition to reading all that I can (including Frank & Dave’s materials) and (when I’m financially ready to buy) attending a Boot Camp, my thought was to begin birddogging for third parties who have the cash and are ready to make a purchase (to learn how to analyze deals). A few questions along this line:
Is this a bad idea? Am I better off just saving and learning until I can jump in myself?
If this is a good idea, any recommendations on materials to read or the best way to get started?
Should I focus on finding deals that are relatively close to me geographically or does proximity not matter?
A few concerns I have are: (1) wasting the time of potential buyers and the brokers selling properties, and (2) whether any sellers will want to talk with me after I explain that I am looking on behalf of third parties who may want to purchase the property.
As the saying goes, I don’t know what I don’t know.
I’m green as green can be with all of this, but I have the time and income to be able to jump into the industry at some point in the not-so-distant future.
If it makes a difference, I live in Las Vegas, NV currently.
Thanks in advance for any replies.