Package of 5 Mobile Home Rentals - Lots of Rent, NO Work for You

[Hal Cranmer]

This is a truly passive income opportunity. There are only two things you have to do with this deal:

1. Fund it
2. Cash your rent checks

It is a package of 5 mobile homes in a well established park in the Corpus Christie, TX area. The address I put above is the management company for the park. The mobile homes break down to:

1. 1988 2 BR 2 Ba $22,000  $383/month net rent
2. 4x2006 Homes 1 BR 1Ba $22,500 each $282/month net rent

The reason the first one is a little less expensive is the age. You can buy anywhere from one of them to all five. The management company will take care of everything, and send you a check for the above amounts each month. They keep the lot rent, so they are happy to give you the mobile home rent. 

The rents are net of all costs other than maintenance when it comes up. Yes there may be a few maintenance issues from time to time. The management company will send you a bill when there are. But in the five years I've been investing in these, and the seven homes I have, I think I've probably paid about $200 in maintenance.

Buying these vs. a traditional rental means you don't have to:

• Rehab them
• Find tenants
• Manage tenants
• Worry about collecting the rent
• Coordinate contractors for fix things

Or all the other headaches that come with a rental. You just receive a check each month and you deposit it. You can live anywhere in the world and easily profit from these rentals. 

I personally have several of these mobile homes in my SDIRA and they have been very profitable for me.

While it is true mobile homes don't appreciate, they can still make you a bunch of money. Think of these investments more as a note than a rental home. If the first one costs $22,000 and returns $383 for 20 years, a note like that is over a 20% return. Granted, as it gets to the end of its life, the mobile home rent will be less. But you are still looking at a 16-17% return for doing nothing but putting money in your bank account.

The package of 4 2006 homes could easily last 30 years.

If 20 or 30 years sounds like it might be a long time and you want out earlier, the park can find another investor and sell your home for you.

Here is a link to a video about the management company:

MT-TX Properties

This is truly a turnkey, passive income opportunity. They regularly send these out to their list of investors, so it might go quickly. Please let me know if you are interested right away. Thank you.