I'm happy to have my friend Rachel Hernandez the “Mobile Home Gurl” in the spotlight today for the 7th part of this series, “Successful Women in Real Estate Investing”.
Rachel is an expert in the mobile home expert. She tried other strategies, but found that this particular one was a perfect fit for both her investing goals and the lifestyle business she was creating for herself. She is a full time investor, a wife and the mom of an adorable daughter.
If you missed the podcast I did with Rachel a while back, you can listen to that here …..
The 4 Questions
What made you choose the niche you invest in today?
That's a good question. Actually, it was the niche that chose me. Going into real estate investing, I thought I knew what I wanted. It was only through experience when I began to see the positives and the negatives. Along my journey, I found mobile home investing to be much more in line with my personality and the kind of life I wanted to lead. For me personally, I really wanted to have the time to do the things I wanted to do not had to do. Many of the other areas of real estate investing I tried out did not accomplish that for me. Without the experience, I would not have anything to compare. After many years of trial and error, I finally found my niche with mobile home investing.
Did you try other investing strategies before settling on the main strategy you focus on today?
Most definitely! Believe me, I tried it all. From wholesaling, short sales, subject-to, lease options – you name it. Consequently, I became a jack-of-all-trades but master of none. Once I honed in my skills and experience, I found what I liked and what I did not like. Eventually, I found my place with mobile home investing.
What is the best advice you could give someone “brand spanking new;” someone just getting started?
For those just starting out, my advice is to build your business around yourself – do not try to build yourself around your business. Know what your strengths are and know what your weaknesses are. Focus on your strengths, not your weaknesses, and in the end you will succeed.
If you had to start over today, what would you do differently?
Honestly, I would not change a thing.
If I did things differently, I may not be where I am today. Just like the movie Back to the Future, altering and changing even one event in time could change my course and rewrite history. Instead, I chose to learn from my mistakes and adjust accordingly always keeping my end goal in mind. Now, I have finally achieved the kind of life I've always wanted to live – one where I have the time to do the things I want to do, not have to do. And, that is priceless.
Be sure to stop by Rachel's Site and say hello. She is the “Mobile Home Gurl” and is a mobile home expert.
While you are there, pick up a copy of her book “Adventures in Mobile Homes”. If you would like to check out the review of her book “Adventures in Mobile Homes” that I did a while back you can do that by Clicking Here….
Adventures in Mobile Homes, a blog dedicated to sharing her stories and adventures investing in mobile homes. Rachel Hernandez has one investing strategy: K.I.S.–Keep It Simple.
If you are not already subscribed to the “Inner Circle”, be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want this year to be your best year ever! And if you enjoyed this article, please share it.