Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago, 04/19/2010

User Stats

61
Posts
9
Votes
Jonathan V.
9
Votes |
61
Posts

Mobile home analysis

Jonathan V.
Posted

http://s263.photobucket.com/albums/ii132/bigbadjonv/Mobile%20Home/

A home in my area I was looking at, any comments on repairs I may have missed are appreciated. 1999 16 x 80 3 bed 2 bath.

1. No A/C Unit (Not necessary to put in, could let owner can do it)
2. Hot water heater not connected, and probably needs replaced.
3. No washer/dryer (again owner could do it)
4. No stove (again owner)
5. No refrigerator (owner)
6. Skirting on home (owner will end up paying for it, I'd have to front it though per the park)
7. Drywall work is obvious (I'll do)
8. Floor in master bedroom was kind of weak, if you look at the pictures, there was a square patch of carpet that looks like had been cut up.
9. Carpet throughout has to be replaced (I'll do)
10. Behind the back of the bedroom door, it looks like someone's stolen the breaker box, hopefully that's all thats missing, but I can't tell.
11. There's no wheels, which since the place has to be moved, is something I'd have to do.
12. One cabinet needs to be replaced but the piece is in the kitchen.
13. CLEAN the walls, it's been vacant for a while and it's gotten really really dusty/dirty from a window that's been open.

Now it has to be moved like I said, but the place I'd be moving it to is an A+ park. I've actually called about four homes that were for sale in the park and they've all sold in about 3 weeks for all cash. The cheapest one I've heard of selling there was for $15k cash, the most expensive was for $28k. (Both the 15 and the 28 were 3/2's singlewides) The park is paying $1,200 for the move, underpinning, etc. the rest I cover.

The home is listed at 9k and the seller is very very motivated.

Loading replies...