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Updated over 15 years ago on . Most recent reply

User Stats

824
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281
Votes
Kenneth LaVoie
  • Rental Property Investor
  • Winslow, ME
281
Votes |
824
Posts

New investor, which way to go?

Kenneth LaVoie
  • Rental Property Investor
  • Winslow, ME
Posted

Hi All
I am a new investor -- i have 2 single family rentals under my belt - but now my interest is peaked with mobile homes. I was approached by someone selling their 1987 Zimmer, listed with agent right now, for 38k with 1/4 acre. Obviously I'd work hard to get that price down-- but I'm completely aware that there are several ways to go about this -- maybe buy older ones already setup in parks? buy old ones on pieces of land?? but old ones and PUT them in parks, if they allow, etc. etc. -- can someone guide me to some basic information -- or strong opinions!! Thanks much!

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