Central Florida and trailers....

[Sean Ridlon]

Howdy guys and gals, I'm down here in the Gainesville and Ocala areas. Anyone down here feel like filling me in on trailers as investment properties (rentals)? Not looking to buy an entire trailer park. Just curious is it even worth the money to pick up seemingly affordable trailers on 1/4 acres or to fix up for rental properties.

Seems like the most common type of blue collar housing here.

I know a little already regarding metal roofing, newer being easier to finance, etc.

Does anyone else buy these?

[Ben Roddey]

Everything makes sense for the right price. Buying 15cap rental trailers for cash is pretty solid if you're getting the land as well, but be advised that if you ever want to sell the home, your buyer pool is very limited because financing for used trailers is basically non-existent. The plus side is that trailers are VERY easy and affordable to repair, so if you can amass a number of them, you'l have a sizeable cash flow.