Mobile Home Park Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Forced Appreciation by Moving?
Started looking at mobile homes recently as an asset class and was surprised by the vast array of prices. If prices are so different in 2 areas, then why not buy a cheap mobile home in a worse area (say a bad mobile home park) and move it to a nicer park (55+?)?
It would seem that would be a good way to force appreciation ($20K+) while only accumulating the costs to move up the place and renovate it ($10-15K?). Are there laws restricting this / too much headache?