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Updated 3 months ago on . Most recent reply

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Carl Rowles
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27
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Is it worth it? Mobile Homes?

Carl Rowles
Posted

I'm getting more and more FB ads in my area for mobile homes for sale. Some have been redone, others are a "handyman's delight", but I'm curious if it really matters if all the numbers work? I guess there's just a stigma attached to them as being "less than" SFH or multi-family units, but if the numbers work, the numbers work, right?

  • Carl Rowles
  • Most Popular Reply

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    Jonathan Greene
    #5 Starting Out Contributor
    • Real Estate Consultant
    • Mendham, NJ
    7,586
    Votes |
    6,629
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    Jonathan Greene
    #5 Starting Out Contributor
    • Real Estate Consultant
    • Mendham, NJ
    Replied

    The barrier to entry is lower so they seem attractive, and to the person who knows what they are doing, they can be very profitable. But, it's a unique strategy that requires more knowledge than expected. Look up @Jason Velie, the "Trailer King". He knows everything you need to know to do this right.

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    Zen and the Art of Real Estate Investing
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    9 Reviews

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