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Updated about 5 years ago,

User Stats

11
Posts
0
Votes
William Green
  • New to Real Estate
  • Hayfork Ca
0
Votes |
11
Posts

2 bed modular hayfork

William Green
  • New to Real Estate
  • Hayfork Ca
Posted

Investment Info:

Mobile home buy & hold investment in Hayfork.

Purchase price: $45,000
Cash invested: $6,000

2bed 1 bath plus bonus room. Modular on its own lot.

How did you add value to the deal?

Proporty had a sizeble amount of trash and junk cars/motercycles in the yard. Would only acept the counter offer if seller agreed to clean it at their cost. Good thing to final bill was over 10 grand.

What was the outcome?

sill have it rented out at 850 listing it soon

Lessons learned? Challenges?

Modulars built in pre 1980s have 2x2 construction. Probably gonna try and avoud old modulars in the future.