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Updated 9 months ago on . Most recent reply
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Moving Mobile Homes
Hey, seeing who has experience moving mobile homes.
I've flipped a bunch of mobile homes in parks, but recently started analyzing some numbers in regards to buying land and moving a home onto a lot. I've called some companies and it seems like the price varies somewhere between 10-20k to move one, based on a number of different variables.
But in analyzing the numbers, my market it looks like I can pick up land for 35-45k, moving cost 15k, purchase of an older home and rehab 50k. Arv 160-170k.
Seems like a profitable play. Who has experience pulling a mobile home out of a park? Does the park have any say in allowing/not allowing this? I still own a few in parks, so I think it could damage the relationship with the manager, but I'll cross that bridge when I get to it.
Any other resources you know of to find manufactured homes?
Thanks for any feedback.