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Updated 11 months ago on . Most recent reply
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Thoughts on investing in mobile homes
Has anyone had success buying and renting mobile homes in a trailer park
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Hi Dave - I find myself to be more of a long-term appreciation focused person. How do you think the value of mobile homes hold up over time? I see the upside in owning a park - the land values are likely to increase over time if in quality areas but what about the homes themselves?
Investing in individual homes feels more like an arbitrage play where you need net income to exceed lot rent to earn a cash flow.