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Updated about 3 years ago on . Most recent reply

Champ Leong's profile image
Champ Leong's profile image
Champ Leong
  • Investor
  • from Birmingham, AL
  • Member since Jun 22, 2020
  • Posts 82
  • Votes 27
  • Experience 3 Yrs
  • Investments 1
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82
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27
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Champ Leong's profile image
Champ Leong's profile image
Champ Leong
  • Investor
  • from Birmingham, AL
  • Member since Jun 22, 2020
  • Posts 82
  • Votes 27
  • Experience 3 Yrs
  • Investments 1
Connect
Champ Leong
  • Investor
  • Birmingham, AL
27
Votes |
82
Posts
General Landlording & Rental Properties

STUPID??? Rented lots for traliers.

Champ Leong
  • Investor
  • Birmingham, AL
Posted

I see a lot of mobile homes for sales...on RENTED LOTS. Pro's and con's please. 

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Paul Moore's profile image
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Paul Moore
  • Commercial Real Estate Fund Manager
  • from Lynchburg, VA
  • Member since Sep 28, 2015
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Paul Moore's profile image
Paul Moore's profile image
Paul Moore
  • Commercial Real Estate Fund Manager
  • from Lynchburg, VA
  • Member since Sep 28, 2015
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Paul Moore
  • Commercial Real Estate Fund Manager
  • Lynchburg, VA
1,270
Votes |
1,478
Posts
Paul Moore
  • Commercial Real Estate Fund Manager
  • Lynchburg, VA
Replied

@Champ Leong I agree with what was said above. In my 22 years of real estate investing, mobile homes are the worst investment I ever made. Mobile home parks, however, are equal to self storage as the best investment I ever made. By a park… Let someone else on the trailers. You don’t want that nightmare.

  • Paul Moore
  • Podcast Guest on Show #533
    • 2 Votes
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