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Updated over 7 years ago on . Most recent reply
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How to Evaluate Property with SFH and Manufactured Home
Hi there - super new and just yesterday started the 'evaluate 90 properties in 90 days' challenge that Brandon likes to give on his webinars (hi @Brandon Turner ;) I am evaluating a deal I found on Craigslist where the owner is selling 2 properties on one lot: one is a 3/1 SFH built in 1937. Behind it is 3/2 double wide manufactured in 1992. I have never considered a manufactured home before. Is this something I should run from? What should I consider when evaluating this part of the deal?
I am using the awesome BP Rental Property Calculator and it makes sense to evaluate these two properties together since they are a package deal. Just not sure what I'm doing with the Manufactured one. TIA!
Most Popular Reply
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I would evaluate the 3/1 home as a stand alone, research your area to determine the value of the Mobile as a "for sale must be moved" and proceed on that bases.