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Zach Dixon: From Police Officer to Mobile Home Mogul
Manage episode 428003855 series 3536562
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Welcome back to the Investing RN podcast! In this special 50th episode, we sit down with Zach Dixon, a former police officer turned mobile home park mogul. Zach shares his incredible journey from law enforcement to building a mobile home empire across the country. We dive into his motivations, the challenges he faced, and the strategies he used to overcome them. If you're interested in real estate investing, especially in the mobile home park space, this episode is packed with valuable insights and practical advice that you won't want to miss.
Key Takeaways:
Start Small and Educate Yourself: Learn from podcasts, audiobooks, and surround yourself with knowledgeable people.
Mindset and Sacrifice: Changing your mindset and being willing to make sacrifices, such as selling personal assets, can significantly impact your success in real estate investing.
Persistence Pays Off: Persistence and belief in the potential of deals helps you succeed.
Timestamps
[0:00] Introduction
[5:15] - Zach's early career in law enforcement and shift work similarities with nursing.
[12:45] - What led Zach to choose real estate over a medical career.
[17:30] - The first investment: buying a single wide trailer and overcoming initial fears.
[25:50] - Mindset shift: From small goals to building a real estate empire.
[33:15] - Financing challenges: How Zach secured loans for his first few deals.
[38:20] - Selling personal assets to fund investments: The story of selling his truck.
[43:10] - Importance of good property management and systems.
[49:30] - Scaling up: Moving from single units to mobile home parks.
[55:45] - Out-of-state investing: Challenges and strategies.
[1:03:20] - Balancing time and money: Hiring help versus doing it yourself.
[1:11:10] - Advice for new investors: Educate yourself and take action.
[1:18:45] - Long-term goals and the power of compound growth.
Follow Zach on Instagram:https://www.instagram.com/zach1987/
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Subscribe to our Youtube channel https://www.youtube.com/@investingRN
Interested in investing with us? Click the https://www.alldayinvestments.co/invest, share your contact details, and we’ll help you get started on your investment journey!
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Click the link, share your contact details, and we'll help you get started on your investment journey. Start now!
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