Mobile Home Investing

[Tyler Cobb]

Is it unprofitable or bad to invest in mobile homes? I've read/listened a lot to why buying Mobile Home Parks specifically can be a very lucrative investment, but is the same true for just mobile homes? I know there are lot fees that have to be paid for the land rights, but are there other hidden fees? Any tips or advice would be much appreciated.

[Stacey Agustin]

Hey Tyler, I'd be happy to answer any questions you may have. Mobile homes can absolutely be a lucrative investment. Like you mentioned, there are lot fees that need to be paid monthly. This cost is going to be the bulk of your monthly payments for mobile homes in parks. Just like any other investment, if you take into account all your costs and buy at the right price, you can still make a decent profit. With mobile homes, purchasing at a price where the numbers make sense will get you a nice profit. There are multiple strategies that you can use on mobile homes to achieve your real estate investing goals.