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scruggs Tagged Articles
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Not Everything Works
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| You hear a lot about successful companies on most VC blogs. It’s a lot easier to talk about success than it is to talk about failure. |
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Other scruggs Related Articles
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Why Lonnie Scruggs' Mobile Home Park Deals Don't Work for Me
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| There are people out there who think they can make big money buying and selling used mobile homes. I am not one of them. And after owning about 200 homes, I think I'm pretty qualified to point out the problems with the business plan.
The first major flaw in the strategy of making money buying and selling mobile homes is that you have to sell the home for more than what you have invested in it. And what you have invested in it is more than just what you paid for it. |
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