142: Creative Real Estate Strategies: Renegotiating Mobile Home Park Deals for Maximum Profits

Property Prophets

Send us a text

In the latest episode of the Property Prophets Podcast, Travis dives deep into a deal that highlights the power of creative problem-solving in real estate. He shares a crazy cool mobile home park deal, plotted for 110 spots, inked for $1.9 million. But here's the twist: the park's income suddenly dropped by $10K right before closing. Instead of walking away, Travis put his business hat on and renegotiated. He didn't lower the price, but instead secured more time to get the park performing, making sure both he and the seller would win.

Travis also reveals his strategy of always borrowing what’s needed to get a property performing at its peak, not more, not less. Whether it's a lease option or taking full control of a deal’s management, he shows that flexibility and creativity are key to closing deals successfully. He shares another story of how he navigated a $200,000 discounted property with major foundation issues, showing how important it is to do your due diligence—and when to walk away.

If you want to learn how to tackle unexpected hurdles, master renegotiation, and ensure that every deal is a win-win, don’t miss this episode. Tune in now to hear how Travis turns challenges into opportunities and why standing firm in real estate negotiations is key to long-term success.

🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!
Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

Instagram : / travisclaywells ​

TikTok: / travisclaywells ​

Linkedin: / traviscwells