Flipping Houses in Rural Areas

[@freedom_mentor]

Make a fortune flipping houses in rural areas with the help of a mentor. Apply to be my next apprentice here: www.freedommentor.com/apprentice

[@calvinknowsbest2880]

Hey Phil! When is your album coming out?

[@mariuss.6607]

Haha I can feel it coming in the air!

[@marktalksmoney1956]

Love the energy Phill You always motivated me to get into real estate I'm forever grateful for you !!!

[@hardeehat4972]

The well water problems can be a big deal. My uncle lives in rural Indiana, in an area that was an oil field back in the 1910s. When the derricks caught fire burned down, they just let the pressure back off and shoveled dirt in the hole and never capped it off properly. Over a hundred years later, his water still tastes like sulfur. I guess he got used to it, but it can't be healthy. When he was a kid living in the same area, he twisted his ankle lots of times stepping in the holes that used to be oil wells.

[@gameoflife7235]

Your enthusiasm keeps me going when I get down on myself. Thanks for the videos!

[@ncinteriorsplus3520]

Wow what a pleasant suprize man. I'm impressed of your singing/guitar skillz. The singing real estate guru! Love your videos & info. I've learned so much from you. Thank you for all the valuable videos you give to us on the tube.

[@TheQuarterbackX]

Loved seeing you sharing a bit of yourself with some song and guitar. Nice

[@brendayourlender]

Phil- you're awesome! I love your videos. Please keep them coming.

[@rad4627]

Great info,awesome singing/ guitar thanks!

[@catsmeow8504]

I think you are a great singer!

[@fatimohjinadu8769]

😀 you great musician. Thks for valuable information.

[@edwinmanning4078]

Ounce again Phil you ROCK ! always great content and the singing was a bonus.

[@jj1985vid]

I've watched literally 2 seconds of this video (I promise, I'll watch the rest 😄), and you and your cowboy hat have me laughing already! Thank you for being a wonderful start to my day - as you know, these moments are hard to come by these days. THANK YOU! (is it possible to thank someone too many times?) 6:39 lmaoooo! 8:20 you bet your a$$ you're "somebody someday"! That was not a "distraction" from your video by any means. Moments like that are quite literally the impact we need to focus on as a culture. Congratulations on being a genuinely successful human being from this vantage point. One suggestion to add to your 'pitfalls" regarding utilities is INTERNET CONNECTIVITY! unfortunately, we so can't live without it and rural ISPs SUCK!

[@annbsure8663]

Phil, thank you for this...singing and all lol loved it :-)

[@Himithor]

Wow Phil......you're very creative and talented....😄

[@handyfreddy]

You sing so well!

[@Endeavor545]

Nice singing Phil! Who knew!

[@FlowtnWitWalden]

I was gonna say, must be doin' well with that Martin in yer hands. Thanks for sharing your great sense of rhythm and ability to maintain pitch! Better than some of the "POP" stars we're forced to hear nowadays!

[@eduardorodriguez550]

So he pops out witn the guitar. Then goes back to the board. Had to watch that again. Sold.

[@JESUS_IS_GOD]

Dang Phil you can sing & string a Gee-TAR, yeeee hawwww 🤠

[@andresvasquez929]

I started my career investing one hour west in a rural area made a lot of money there and now I am cherry picking deals only in a more urban area

[@TedPert]

great video phil! your are the real deal!

[@freedom_mentor]

I appreciate that!

[@tedpert8786]

I do love land especially mountainous treed a stream or river running through!

[@paulojustinianookubo]

What about buying and biding on tax deeds after you have done a well research on location, the property, the tittle and you have use the numbers to have a close estimate on cost on fixing and cleaning the tittle if there was a problem or paying the liens from other investors. In tax deed you see alot of junk but if you look and research alot than you might be able to get lucky and get few of those decent ones at penny price to sell it at a $1. What is your intake on that and have you made any videos for that topic. Thanks

[@freedom_mentor]

Here is my video on Tax Lien Investing: kzbin.info/www/bejne/jXTPdYOPlJ5nbqM and here is my video on the Secrets to Foreclosure and Tax Deed Auctions: kzbin.info/www/bejne/qHWZZmmohryprrM

[@RossAlexFlips]

Phil, how do you source labor in rural areas that you may not be familiar with? Love your content. Thanks for making this.

[@freedom_mentor]

Getting good, reliable, reasonably priced contractors in rural areas is so much easier. They have to treat their customers right or they go out of business. A sucker is not born every day in the country.

[@brianv.5686]

You ARE somebody, Phil !

[@DrGoldieMD]

Great voice and great info!

[@tedpert8786]

Thanks Phil!

[@jessejess9456]

Miss your videos Phil

[@trailhiker8063]

Awesome video. Loved the one you did on contractors. I laughed so hard.

[@TMCLAUGHLIN1963]

I watched your video about flipping in rural areas. We have been investing for 4 years and have always stayed out of highly populated areas. Now we have extremely low inventory in single family homes. You mentioned turning mobile homes into real property. Our main area in GA has many mobile homes and I am considering purchasing MHS. How are they turned into real property? Your land comments peaked my interest also...

[@freedom_mentor]

Converting mobile homes into real property is a huge money maker right now. Also called "retiring the title", each county may have a slightly different process for conversion. Typically, a form must be filed with the recorder's office and they officially retire the mobile home title in exchange for attaching the structure to the property. Then, another filing (or form) is submitted to the county property appraiser's office to update the tax bill. Finally, when you are attempting to sell to a conventional loan buyer, some lenders will require an inspection of how the mobile home is permanently attached to a foundation. In Florida, they sometimes require "straps" to be installed, which costs about $2,000, to pass that inspection. However, if a cash buyer or VA Buyer is purchasing, the straps are not required. In other states, there is no such inspection required because part of the recording of the title retirement requires an inspection by a county official. Hope the above response helps y'all! Never been a better time in our history to be converting mobile homes to manufactured homes on permanent foundations in rural areas.

[@TMCLAUGHLIN1963]

@@freedom_mentor thank you for replying

[@aldreamsintoreality8738]

You are so Inspiring!

[@jodygrant1255]

You need to have a website that specifically highlights rural properties, with amenities so when people like me go searching I don't have to go through all these other houses. Well water, spring fed, fruit trees, acreage etc.... if you do have a website let me know.

[@Hardwoodsbysergio]

Man, I was hoping you were going to keep the hat on the entire video Phil!😅 👍🏽

[@ahmedwarsame4538]

You are agood singer.

[@TheOblivionMemeGuy]

Great video, thanks Phil!

[@raygarcia1520]

I was looking for this kind of videos Thanks

[@Kalosthenics]

Phil for president!!!!!!!!

[@tedpert8786]

That’s the deals I want rural areas of course not to exclude any other areas!

[@tedpert8786]

Slow and steady love to work the sticks!

[@sculpturesnake]

Great video and singing

[@mountain_toast]

Well, Phil... If you wanted a side hustle in music, you could certainly do it. You've a got a great voice and can play that fiddlegit!

[@BuckBreaker]

Best video yet!

[@davidivey-entrepreneur]

I’ve been buying and selling real estate for 35 years, and I think Phil is exactly right regarding rural real estate. Little country homes that are affordable, land, and farms. For me, it’s fun because I love the country life. Best wishes to all, now go buy a place in the country 🙂

[@freedom_mentor]

And I think that as a result of the CoronaVirus, demand for rural homes and land is going to explode. People will want more distancing and they will know that they no longer need to live in the big cities because much of their work will be from home. Unfortunately, those that have enjoyed rural living won’t like all the new traffic in their country roads!

[@sadieesther9721]

There are always buyers that come in the form of farmers retiring and wanting to move into town

[@catsmeow8504]

Are any of your videos missing? I keep trying to find the one you mention key terminology to use in real estate descriptions, ie.. "natural light, updated kitchen". Etc.. if you could go over that again it would be very helpful.

[@freedom_mentor]

Here it is: kzbin.info/www/bejne/d5W3mZ2NbpmUY9k

[@jodygrant1255]

I'm young, I want to live in a rural area, grow my own food etc....... Where can I focused my search when it comes on to rural properties?

[@trailtreats]

Rural is where I work.

[@catsmeow8504]

Mobile homes don't have insulation, do they?

[@freedom_mentor]

Most do.

[@catsmeow8504]

@LeMan Booker Well I looked at a manufactured or mobile or some such building and the walls sound hollow when you knock on them. The seller has not indicated on the disclosure what the structure is. And so I am in NJ and don't want to freeze if there is no insulation. The walls are very thin. Any help on this is appreciated.

[@cindyjohnson5242]

@@catsmeow8504 if you are in a mobile home that you are planning on staying in, and it's worth doing renovations, there are a few things you can do to beef up the insulation. I've done this with a single wide mobile home in South Central Texas, and am able to cool it with a room AC for $50/month. First I removed all the outer interior wall paneling/sheetrock. Then removed the insulation, but keep it to reuse. I have metal siding, so I took a siliconized latex caulk and filled all the holes on the outer walls. Then I used minimally expanding foam to seal the header and footers and also along the seams. Then I added 2x2 pieces of wood to the framing to make it 2x6 total. You will have to replace all the electrical boxes on the outer walls because they are now thicker. Next I replaced the insulation and then added another layer of R-13 insulation on top of the previous. You have to overlap the seams of the previous insulation, so no seams line up if you don't have continuous pieces. Then I put new sheetrock and sealed the seams first the the same caulk as previously used, then taped & floated the seams like you normally would. This made a huge difference and the caulk keeps the seams from cracking. This would probably be too cost prohibitive if you are just intending to "flip" the house though. Hope this helps!

[@thedrawingcat-thealexischl8603]

phil you are a good singer i enjoy your videos

[@denisemoore4266]

Entertaining e- class!!!

[@TylerDalton]

Any specific tips for marketing channels in smaller towns? The place I’m looking is roughly 30k population, so a decent size. When I try to pull data from PropStream / list source doesn’t really pull any data.

[@freedom_mentor]

The more rural, the better, for the lead generation techniques that we do.

[@TylerDalton]

@@freedom_mentor do you do a bit of everything at that point? Cold calling, mailers, PPC, etc?

[@Reddylion]

good vid from inda.

[@Jake-mc8te]

Hey Phil love the videos, any advice for picking up multi family in Tallahassee? Certain zip codes? Near college? rural?

[@freedom_mentor]

Residential Multi-Family (2 -4 units) or Commercial Multi-Family (5+ Units)?

[@Jake-mc8te]

@@freedom_mentor well small commerical, around 600,000 800,000

[@freedom_mentor]

@@Jake-mc8te Watch every video on multi family and apartment investing on this youtube channel: kzbin.info

[@tianahickson1238]

Hi Phil, great content! Quick question, how do you find buyers who want to invest in rural areas?

[@freedom_mentor]

Same way as everywhere else. MLS, postings online like Zillow, Craigslist, etc; and handwritten bandits signs.

[@BrentonHanes]

More true now than ever!

[@moocrazytn]

I've made some money flipping a house in the sticks. Now that I want to downsize and sell my beautiful farm, I'm wondering if I should sell it as one piece or break it into 15+ acre lots. Is there a size that is most sought after?

[@freedom_mentor]

5 acre parcels

[@IAMElsLife]

Great tips, and your right about finding loans for manufactured homes. I'm shopping to refinance my mother's double wide mobile home on her own land in Ponchatoula, Louisiana right now. Navy Federal will do a home equity loan. So far only been able to get quotes for refinancing from Ditech and elend( not familiar with elend). Thanks for sharing your knowledge with us.

[@freedom_mentor]

If it's a mobile home, another option is Vanderbilt Mortgage (www.vmf.com/)

[@IAMElsLife]

Thank you!

[@Justusvacationproperties]

Do you have any advice to find hard money lenders who will fund a fix and flip in rural areas? I can’t find anyone!!!

[@freedom_mentor]

Go here: www.freedommentor.com/hard-money-locator

[@RedskinzFan]

Phil, Do you offer any training or apprenticeships?

[@freedom_mentor]

Absolutely! Apply here: www.freedommentor.com/apprentice

[@joshuaseer]

Phil, do you like deer hunting?😀🦌

[@freedom_mentor]

I own 30 acres in North Florida that I planted muscadine grapes on and the deer have been eating up my young growth before it gets to the trellis wire. A few of my employees are big deer hunters and they are turning loose on those pesky deer at my property here this morning.

[@JohnDoe-du1no]

Do you want to go parted up on one

[@catsmeow8504]

Does HVAC run the a/c or does the compressor only run the a/c

[@freedom_mentor]

I don't quite follow your question. There are package units and two piece units. With two piece units, the Air Handler is inside and the condensing unit is outside. The compressor in teh condensing unit reduces the temperature of the refrigerant and then that fluid is pushed through the cooling coil (which is in the air handler) and the air handler blows the air through the cooling coil. With a package unit, both the air handler and the condenser are in the same cabinet. Does that help?

[@catsmeow8504]

@@freedom_mentor Yes. I had my furnace replaced and I wanted to know if it had anything to do with the a/c. I have a 2 piece system. The compressor is outside. So I guess the air handler is inside?

[@misteriguana2748]

@@catsmeow8504 an HVAC system stands for heating, ventilation,air conditioning....HVAC On that note.....there are a variety of systems. Be it a heat pump (condenser makes heat as well as a c depending on what it calls for. With an emergency heat setting in electric heat strips inside the air handler (inside part). There is straight cool systems wether it be from a minisplit or an airhandler/ condenser combo. Or as a package unit. A package unit is an all in one system where all components are on the outside of the home other than the thermostat. A minisplit is similar to a window unit, where it is best designed for a single room with no ducting involved. Then there are the furnace / air conditioning combo where there is natural gas going to the furnace (inside part) with an evaperator coul installed usually in the plenum (above the fan) and a standard condenser (outside part). These are just a few examples of HVAC and the most typical systems. They can range in SEER ratings.

[@jhannheras9994]

I had to give him a like when he starting singing.

[@algo9136]

How does one convert a mobile home to "real property"?

[@freedom_mentor]

Contact the building & zoning department for the county to which the property is located.

[@KidCity1985]

Idk Phil, it sounds risky. Pool of buyers would be so much smaller.

[@freedom_mentor]

There are always Buyers. Your concern is the same fear I hear from so many investors and its just not what happens in the real world. Less competition allows you to sell easily.

[@KidCity1985]

@@freedom_mentor I guess you would have to pick the right area. 😁

[@evelynullman8360]

Even if pool of buyers is smaller, remember, it only takes one!

[@justfrank5661]

First time watching your video!!! Where does your last name come from??

[@freedom_mentor]

Pustejov, Czechia; my ancestors arrived in Galveston, TX around the turn of the 20th century and they were from Pustejov, Czechoslovakia. The added "sky" at the end denoted "Town of" so my last name literally means, "Town of Pustejov"

[@justfrank5661]

@@freedom_mentor Cool, thanks

[@themrs.547]

Sing it bro!

[@camilorubio9356]

"A lot of people is getting older right now "

[@YouTubeUtah]

Pretty sure that's everyone.

[@mDOTsanei]

Damn you got a voice!

[@catsmeow8504]

USDA loans are great

[@God_of_Poets]

Why doesn’t this channel have more subscribers?? TF is wrong with people???

[@Joshua_Henderson]

Shhhh lol

[@Hozebeast]

Phil, I think you are in the wrong business. Stop what you are doing, and come to Nashville and become a singer. You have a singing career just waiting for you... That was wonderful! Thank you for that sweet serenade.

[@freedom_mentor]

I lived in Nashville for 10 years. It's a great town.

[@samlyons3552]

BTW...alot of these hillbilly areas are quite beautiful......ie. Chat,Tn. , Fayetteville ar.

[@samlyons3552]

@Fred Flintstone OK , its a deal !

[@engulfed4372]

You inspire me. You move me too

[@vonbook1973]

Let me find out Phil got VOCALS! :-D

[@lostintime8651]

It's funny how you always make videos about something I am thinking about. Looked at a place about an hour and 1/2 away. $124k. 14 acres. It has a house and 2 other buildings in good shape. One could be a small house. Main house should get a complete redo. I have $40k in cash. Well, anyway...

[@johndenver5029]

Did u get it

[@lostintime8651]

@@johndenver5029 they went with another offer. it was close. thanks for following up. Peace.

[@CameronKiesser]

The rural folk seem to have far more reasonable prices too if that guy did get a house for $500.

[@freedom_mentor]

Joe put about $50,000 into his deal; Dave put about $5,000.

[@Toolray6985]

Damn dude!

[@UltimateBargains]

This video was posted a year ago and is so prescient of the *socialist distancing* from cities to suburban and exurban areas.

[@markwilliford4567]

Hey..sing a song with each video!

[@aradhikas]

You sing well.

[@daniellulingi2794]

Where the fuck you been? Nah I'm just joking, nice to see you again

[@Honest_Folk_Lottery_Club]

You forgot wetlands

[@freedom_mentor]

Appreciate the feedback.

[@ms.d4049]

Not a bad voice

[@jayc4715]

Bigger lots and lower taxes..i love rural

[@darrellluck7230]

You sound great! Give up that silly real estate hobby that has been distracting you....get out there on stage. Hey, maybe you could write real estate investment songs. Keep that guitar in your hands.

[@catsmeow8504]

Zillow sucks imo

[@reylibriones6315]

Show off🤧

[@catsmeow8504]

Don't talk about hunting, please

[@brianv.5686]

Love huntin' !! Please, more hunting talk.