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058 From Student Loans to Mobile Home Notes with Carl
Episode 58
Welcome back,
In today’s Mobile Home Investing Lessons podcast #58 we are talking to active Mobile Home Formula investor, Carl. In a couple short years, Carl has been able to cash-flow individual mobile homes to quit his full-time pharmacy job.
Selling a mobile home on payments = Down Payment + Monthly payments for over 60 months.
In this short time working together Darryl has become more confident investing in mobile homes, helping others, investing on his own, and growing a profitable investing business.
Carl has now transitioned away from his pharmacy career into a full-time mobile home investor and mobile home park investor. His wife is the next one to quit her career.
A special thank you to all the guest of this podcast. They will help more people than they know.
0:00 Carl’s Mobile Home Journey Begins
John opens the interview with a question every investor can relate to: “How did this all start for you?”
Carl smiles and admits that just a few years ago, he didn’t even know what a mobile home title looked like. He had been looking for a side hustle that could eventually replace his 9-to-5, and when he stumbled across John’s videos on YouTube, something clicked.
“I didn’t have a ton of money or a fancy background,” Carl says. “But I knew I wanted something that gave me control of my time. Mobile homes felt like a way in.”
Carl took John’s course, learned how to analyze deals, talk to park managers, and build relationships with sellers. Within a few months, he was knocking on doors, visiting parks, and taking small but steady action.
3:40 – The Emotional Rollercoaster of the First Few Deals
When John asks what those early days were like emotionally, Carl laughs. “I almost quit after my first deal,” he admits.
That first transaction was a whirlwind of excitement and stress. The seller backed out twice, the buyer’s financing fell through, and Carl spent nights wondering if he had made a huge mistake.
But when the deal finally closed—and he walked away with a large profit—something shifted. “It wasn’t just about the money,” he explains. “It was about proving to myself that I could actually do it.”
John nods knowingly. “Every investor remembers that moment when it stops being theory and becomes real.”
Use the time markers below to fast forward the podcast above.
- ✔️0:00 Carl’s mobile home journey
- ✔️3:40 Emotional first few deals
- ✔️4:50 Student loans to fund business
- ✔️7:50 Second round of funding
- ✔️13:00 Bigger and bigger deals
- ✔️16:30 Smaller deals VS Bigger deals
- ✔️22:40 4 deals per month
- ✔️30:30 Progress not perfection
- ✔️33:50 Owning self-storage
- ✔️39:30 Top 3 headaches
- ✔️44:45 Evictions are last resort
4:50 – Using Student Loans to Fund His Business
One of the most surprising parts of the conversation comes when Carl shares how he initially funded his business. “I actually used my student loans,” he says. “I had some leftover funds from college, and instead of spending them on something temporary, I decided to invest them in something that could grow.”
John chuckles but also commends Carl for his resourcefulness. “That’s what separates successful investors,” he says. “They find ways to get started, even if it’s unconventional.”
Carl emphasizes that it wasn’t about taking r
Published on 17 hours ago