Jacob Kline
Jacob Kline has been a guest on Collecting Keys, the real estate investing podcast hosted by Mike DeHaan, Dan Austin and Dylan Koch.
230 Deals in 3 Years: Making Millions in Mobile Homes w/ Jacob Kline
Jacob Kline walks through how he went from a vape-coil business and zero real estate experience to roughly 150 flips and 230 total deals in four years, with 13 rental doors including an eight-unit. He explains why about 75% of his volume is double-wide mobile homes on land, how he built a 15-person in-house construction team, and how he finances deals with private money. He and the hosts also argue through the opportunity cost of keeping rentals versus recycling capital into flips.
Key takeaways
- Jacob started with cold calling from county records off YouTube advice and closed a $25k wholesale deal within about a month — and admits he left roughly $20k on the table by underselling it.
- His niche is double-wide mobile homes on land: buying in the $70k–$120k range with ARVs around $240k–$280k, in a category many investors throw away.
- He spent his first two years wholesaling solo before his first hire, and only scaled flips after freeing up his time with a lead manager and acquisition manager.
- Construction is fully in-house with close to 15 people and a team lead on each crew, so he spends under ten hours per flip after closing and pays no contractor markup.