Mobile Homes

[Marlisa O.]

There is a lot of negative opinions about mobile homes. As a beginner with barely any capital and experience, that seems to suitable to what i can afford. Plus, mobile homes are mainly in 55+ neighborhoods. I need some legit tips on the Pros and Cons of this niche from people with actual experience.

[John Fedro]

Hi Marlisa,

Good comments everyone. Good resource Gerald.

Welcome to BP Marlisa. Glad to see you are taking an interest in mobile home investments for creating value and profit. There are many pros and many cons to investing in these types of properties. There is far to much to discus on this thread however I am sure others will give their input as well on the matter. I have provided a link below to many Mh articles on this site.

In your area of Ca you do have many senor parks compared to all-ages allowed. For this reason it is very important you verify a resale demand in your area and how much buyers will pay. From here you can begin to look to help local sellers and park managers. Additionally, inside and especially outside of your immediate area you will also find many all-ages family welcoming mobile home parks to consider investing within, if the PMs allow you there.

With that said here are some past articles I have written for this site almost specifically about mobile home investing. http://www.biggerpockets.com/renewsblog/author/joh... I hope this provides you some extra help and insights. If you have any specific MH investing questions from here don't hesitate to ask.

All the best,
John Fedro