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Updated about 4 years ago on . Most recent reply

Kinju Dudhia's profile image
Kinju Dudhia's profile image
Kinju Dudhia
  • from Michigan
  • Member since Sep 9, 2020
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Kinju Dudhia's profile image
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Kinju Dudhia
  • from Michigan
  • Member since Sep 9, 2020
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Kinju Dudhia
  • Michigan
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Investor Mindset

Single mobile home- not in mobile home park

Kinju Dudhia
  • Michigan
Posted

Good evening,

I am looking at a single mobile home placed in an okay subdivision. However it is very close to above average schools, walking distance from town , church, bank, and fast food places. The price is also very right. Will need rehab though.

Anybody who invests in mobile homes is it a good idea? 

Thanks in advance.

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Greg H.'s profile image
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Greg H.
  • Broker/Flipper
  • from Austin, Texas
  • Member since Jan 2, 2013
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Greg H.'s profile image
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Greg H.
  • Broker/Flipper
  • from Austin, Texas
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Greg H.
  • Broker/Flipper
  • Austin, TX
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

@Daniel Fitzroy

Hud started regulating mobile homes in 1976. Before that there were very little to no standards in place

My point is, when a 2000 or newer MH can be had for less than $20k, why would one want to put $20-25k into a 1974 model?  The value in this case Is in the land

  • Greg H.
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