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Mobile Home Park Investing

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Nicholas Kirsch
  • Twentynine Palms, CA
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Am I looking at this right?

Nicholas Kirsch
  • Twentynine Palms, CA
Posted Jul 6 2014, 22:09

Hello everyone, first post here, and I have been lurking for a couple weeks just taking in as much information as possible. Now while I've been looking at info here I've been browsing online at MH to either flip or lease to own. I've found a few, one particularly has sparked my interest, it's only $6000, but the "zestimate", which I've read to take with a grain of salt, says that it's around $103k. Even if it's off by 10 or 20 grand, that's still pretty good right? Furthermore, looking at the neighborhood home values they're ranging from the low 60k to 100k. I'm getting this gut feeling that if the MH checked out that this a great way to get started in RE investing. 

Please let me know what you think. I'm very eager to hear what you have to say! Help me Obi-wan Kenobis, your all my only hope!

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