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Updated almost 10 years ago on . Most recent reply

Orlando Paz's profile image
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Orlando Paz
  • Investor in the making
  • from Orlando, FL
  • Member since Sep 11, 2014
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Orlando Paz's profile image
Orlando Paz's profile image
Orlando Paz
  • Investor in the making
  • from Orlando, FL
  • Member since Sep 11, 2014
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Orlando Paz
  • Investor in the making
  • Orlando, FL
49
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Mobile Home Park Investing

Mobile Homes and Hurricane Zones - Is it a safe investment?

Orlando Paz
  • Investor in the making
  • Orlando, FL
Posted

I am currently learning about the different niches that are available in real estate. Mobile home investing caught my interest, but I live in Florida (the hurricane Mecca of the world!) I realize that people will live in a mobile home, regardless of location. I just wonder how safe of an investment it would be to get into. Especially when starting out.

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Austin Berk's profile image
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Austin Berk
  • from New York City, New York
  • Member since Feb 1, 2015
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Austin Berk
  • from New York City, New York
  • Member since Feb 1, 2015
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Austin Berk
  • New York City, NY
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Austin Berk
  • New York City, NY
Replied

Hurricane zones are not the best mobile home community investment since it is costly for FEMA to replace. Look at some of the communities in the New Orleans area that have never been replaced.

Please feel free to contact me if I can help in any other way.

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