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All Forum Posts by: Karim Dallas-Newell

Karim Dallas-Newell has started 1 posts and replied 3 times.

Post: New Investor looking to invest in San Antonio, TX

Karim Dallas-NewellPosted
  • New to Real Estate
  • San Antonio, TX
  • Posts 3
  • Votes 2

Hey Anand, there’s a networking event tonight in SA. Check it out if you can. 

Post: Are Manufactured homes a good investment?

Karim Dallas-NewellPosted
  • New to Real Estate
  • San Antonio, TX
  • Posts 3
  • Votes 2

@Karen Hamblet

The manufactured homes I've been looking at don't seem to be the movable kind. At least they look as if they are permanent as they don't have wheels.

I've read one or two articles about them since I've written this post, and one thing that kinda made me say ok, this might not be for me is this. One article compared it to buying a car rather than buying a house.

But thank you so much for responding!!!

Post: Are Manufactured homes a good investment?

Karim Dallas-NewellPosted
  • New to Real Estate
  • San Antonio, TX
  • Posts 3
  • Votes 2

I'm in San Antonio and have seen a few Manufactured Homes for a low price. But manufactured homes seem to be categorized under Mobile Homes, and I always thought of mobile homes as something similar to an RV where you plop down on a piece of land and can drive away whenever you decided to do so. Doing a rent analysis on a few of them, I realized they could potentially be a decent start in REI. But being that this feels too good to be true, I wanted to ask here about them because I feel like there's a catch with these prices lol.

Are manufactured homes a good buy? Are manufactured homes the same as mobile homes? Is there any additional cost I should be aware of? I ask this because as stated when I think of mobile homes, I think of renting the land the home sits on while someone lives in it.

TIA