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Updated about 4 years ago on . Most recent reply

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James Lin
  • Investor
  • Los angeles, CA
0
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19
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I am about to purchase a mobile home in kingsvile tx, advise?

James Lin
  • Investor
  • Los angeles, CA
Posted

Any advise would be appreciated. It is 47,000 about 1000 sq foot. The rent is 550. After all deduction rent would be 510 monthly. Property manager will do everything all the work. I just collect money . Any advise ?

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868
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800
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Tracy Streich
  • Real Estate Broker
  • Tulsa- OKC Oklahoma
800
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868
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Tracy Streich
  • Real Estate Broker
  • Tulsa- OKC Oklahoma
Replied

My guess is you can get an actual stick built home with that same rent ratio.   May pay a little more but rent will be more as well.  Also right in hurricane alley there what are your insurance cost, lot cost and PM cost.   That will be more than the indicated $40 expense.  

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