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Updated almost 8 years ago on . Most recent reply
Investing in mobile homes
Any ideas on investing in mobile homes. I keep running into lot space rents. Are there any mobile home parks that don't have lot space rent? It seems like a deal killer cuz even if u get the mobile home for 4-6k and try to resell it and carry the note and finance the customer with rent they pay to you plus the lot space rent, your now in the territory of rent u would pay for SFH but your in a trailer. So any advice? I'm really interested in mobile homes.
Most Popular Reply
Bill Neves
Bill good point. I guess the ease in which to find land to buy that is zoned for MH or can be zoned for a MH park is a region by region circumstance. I went out and looked at a few MH today it was very educational. Lot space rents vary from park to park but they are with in a general range of 400-600 bucks. I'm looking to buy one and either do an airBnB vacation rental or just a find a buyer and hold the note on it. Do you think these are viable options since taking the lot space rent out of the equation isn't an option?