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Updated over 3 years ago on . Most recent reply

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Luke Edward
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TRYING TO PURCHASE MY FIRST MOBILE HOME RENTAL PROPERTY! HELP!

Luke Edward
Posted

I am finally at the point where I have enough capital to purchase a used mobile home. My intentions are to purchase the MH and then spend a couple thousand in renovations (if needed) after the renovations are complete I want to rent it out. I am seriously needing help in finding a MH for purchase, as well as a park that will allow rentals in my area. I have scoured the internet for weeks, I have looked at all of the websites that I can think of and I am coming up empty. If anyone has ANY ideas that can help me I am interested. I have the money, I have the time, I am ready to move forward, I just feel like I am stalled because I can't find anything to buy. I am willing to spend up to 10k total investment (10k with all of the renovations done) Please help, I don't want to waste anymore time, I am losing money everyday that I don't have a MH. Thank you in advance, seriously any help is greatly appreciated. -Luke

P.S. I am located in the Houston area

Most Popular Reply

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Leslie A.
  • Real Estate Investor
  • Houston, TX
206
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499
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Leslie A.
  • Real Estate Investor
  • Houston, TX
Replied

I assume you’re watching Craigslist and Facebook Marketplace?  You have to watch constantly and if you see a deal, move immediately. Good deals go quick. 
Also, drive through parks looking for For Sale signs. Managers of parks also know of deals that come up. 

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