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Updated over 13 years ago, 05/22/2011

Robert Burns's profile image
Robert Burns's profile image
Robert Burns
  • Wholesaler
  • from Baton Rouge, Louisiana
  • Member since Jul 21, 2008
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User Stats

471
Posts
95
Votes
Robert Burns's profile image
Robert Burns's profile image
Robert Burns
  • Wholesaler
  • from Baton Rouge, Louisiana
  • Member since Jul 21, 2008
Connect
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
95
Votes |
471
Posts
Mobile Home Park Investing

Good Mobile Home Deal

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

I put a down payment on a 2004 14x70 3 Bd 1 Ba mobile home that's totally renovated. Selling price $15,500, $600/mo rent, $195 lot fee. Mobile home is in a nice mobile home park with on site owner/manager. Renter in place with a 1 yr lease. Renter pays all utilities and manager maintains minor repairs. I am paying cash. Any comments on this deal?

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