[872] Why Mobile Homes Are Winning Right Now

In this episode of the 7 Figure Flipping Podcast, host Bill welcomes Josh Schmidt, a real estate investor from Knoxville, Tennessee, who has successfully pivoted from traditional house flipping to mobile home development. Josh shares his journey from being an accountant to entering real estate in 2019, learning through mentorship and eventually joining the 7 Figure Flipping community. His turning point came after a house fire and a failed flip, leading him to explore mobile homes as a more efficient, lower-risk investment. By leveraging land, Clayton Homes, and a streamlined project management system built with AI (Reboss), Josh has reduced project timelines from 280 to 110 days and achieved strong returns—selling homes for $225K–$260K on $150K total investments. He emphasizes the importance of building business systems, hiring a VA, and empowering his son as a project manager, reflecting a shift from hands-on execution to strategic leadership. The episode highlights mobile homes as a rising asset class, especially in the wake of high interest rates, with strong demand due to affordability and land value. Josh also shares his philosophy on building a business aligned with personal lifestyle goals, not just scaling for scale’s sake.