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Updated over 5 years ago on . Most recent reply

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John Taylor
  • Investor
  • Greer, SC
10
Votes |
13
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Has anyone drywalled a doublewide/manufactured home.

John Taylor
  • Investor
  • Greer, SC
Posted

I'm just curious if anyone has replaced the wall panels in a doublewide with drywall and later sold the home. Do you think you broke even on the cost, made money or lost money. (Why do these manufactures use wallpaper designs that your great grandmother would have picked out?)

We are thinking about moving into a rental property that we already own so that we can save money for a house we would like to have built in 1-2 years.  This is a nice 4 bedroom 2 bath 2100 sq.ft home on 3 acres. All the other homes on the street are stick built and more much more expensive. (If you want to see the house go to Zillow and search on 228 Gardner Rd. Temple, GA 30179) Although I'm not sure how long we would stay there my guess would be 2 years and we'd like to spruce the house up a little for our own enjoyment. New floors and maybe the drywall. Once we are done living there we may rent it again or sell it if we want to use the money for the house we have built.

I'm just curious to hear from other people that have actually replaced these ugly panels with drywall and do they have any idea how it affected the sales price or rent? The only reason I'd even consider this is because we'd be living there and it would be for our own enjoyment.

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Curt Smith
#4 Innovative Strategies Contributor
  • Rental Property Investor
  • Clarkston, GA
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Curt Smith
#4 Innovative Strategies Contributor
  • Rental Property Investor
  • Clarkston, GA
Replied

I agree that you can do the above as Jeremy said.  IE leaving existing drywall in place.  Oil based primer over the vinyl print, mud and sand the joints.  But in the end you've put a few thousand into a mobile home and it won't increase your rent or sale price.  Just my opinion.  We do put a case of caulk into a double wide, oil based primer then a nice contemporary color.  HD's Beher Antique White, same color in Sherwin Williams.  If the doors are the vinyl oak look, we never paint those.  Replacing the flat strips around doors, we never do that either.

FYI, we exclusively do doublewides on land, rent to own, seller finance.

The rule in the rental business is fix up just nice enough but not too much.  I'd apply this rule even if you are going to live in it.  Your cap rate after you turn it back into a rental is a function of your all in costs, right?

Putting in cheap laminant floor does make sense.  The cheap stuff is just as durable as expensive grades I've found.  We like the Eco brand at floor and decor.  $1.90 ish per sq ft.   But Atlanta has A LOT of discount shops selling no name 8-9mm laminant for $1.50 sqft.   We advertise in Craigslist.org under "gigs" for an installer.  Call references.  But advertise $1.25 sq ft installation (here in GA).  Pay no more than $1.50 sq ft.   The flooring places charge crazy prices for what is an easy job.  I've put in alot of flooring but it kills an old back.  Don';t underestimate the pain factor.  A younger installer can put in 2 rooms a day or more.  Leave a 3/8" gap on all 4 sides of the room for expansion.

Rehab costs can sky rocket!!!  Just laminants in 1200sqft of a 1500 sqft mobile home will say $3.50 sqft or $4k.    I'd never do that for a mobile home that we rent to own.  We always work with what's there.  Alot of laminant, great, someone else paid for that.  Otherwisee replace carpet.  Which I feel should run $12/sqyd installed or $1600 for that 1200sqft area.  The rest is vinyl for $13/sqyd installed.  Only use the super thick stuff that floats in a mobile home due to un even floor boards.  Glue down (old way) shows all the imperfections.

Good luck.

  • Curt Smith
  • [email protected]
  • 678-948-7151
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