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Updated almost 9 years ago on . Most recent reply

Mobile Homes good place to start? or waste of time.
With my anxiety always getting the best of me, and continuously reading about getting started, wondering if mobile homes are a completely different animal, and if anyone has had success with them. I may be just looking here first because as I get closer to moving forward on anything, this seems more reachable. Thoughts?
Most Popular Reply

It depends, I have 3 rentals and one is a mobile home. I paid next to nothing for the home and small lot. As far as numbers go I am 4K away from it paying for itself and I have only had it 3 years. So in reality it was my best deal. In the end I think if the numbers are amazing why not, if the numbers are close to a normal SFR then no way. A mobile home is a depreciating asset in the end Just like a cab, but cabs still make the cab company money. (Pre uber of course)