"I was getting tired of working for a big corporation and
started to look for ways to generate passive income... Our
two Mobile Home Parks have generated enough monthly
cashflow for me to retire from my Corporate America job
and for my business partner's wife to retire from teaching."
Vickie Atha, March 2008
At the end of 2006, Vickie Atha and Scott Wheeler were like
many employees of large corporations. They worked long hours,
struggled to balance the demands of their careers with that of their
families, and counted the days and hours to their next vacation.
A lot has changed in the last 2 years for Vickie, a mother of two
young children (ages 3 and 5) and Scott, a father of six children
(ages 6, 9, 11, 12, 14, 16). In the span of just 24 months, Vickie
and Scott educated themselves on the business by attending the
Mobile Home Millions 5 conference and Mobile Home Bootcamp,
and joined forces to acquire two Mobile Home Parks.
They purchased their first park, a 97 space park located in
Shreveport, Louisiana, in March of 2007. At that time, all 97
lots were occupied at a $150 monthly lot rent. In the last year,
they have made some minor improvements to the park and
raised lot rents to $190 per month. By doing so, they created
over $230,000 in equity and an additional $4,000 in monthly
cashflow. Vickie and Scott predict BIG things in the future for
this park, "I think we can double our monthly cashflow by the
time we catch up with the market rent and convert a majority of
the rental homes into lease/optined homes". (Vickie Atha, 2008)
"Investing in Mobile Home Parks is like going to the Coliseum.
There are spectators watching the games and there are those
participating in the games. Be a participant and control your
destiny. You don't need to do it on your own. And don't forget
that the spectators are a great source of money."
Scott Wheeler, March 2008
Soonafter acquiring their Louisiana park, Vickie and Scott were
blazing forward with their second acquisition, a 50% occupied
112 space park in Oklahoma. They are on track to complete
the second park and fill up the remaining lots by the end of 2010.
At that time, they will have created:
- More than $28,000 in net monthly operating income
- Over $800,000 in equity
Take the time now to invest in your education and financial future like
Vickie and Scott have. The extended "Early Bird" pricing deadline to
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