Renting Mobile homes

[Brandon Morgan]

Hi all I’m pretty new to the real estate game and had a question about mobile homes. I’m not 100% sure how it works. To anyone that has experience in this, When it comes to mobile homes do I rent/ own the land and people pay to keep their home on the land? Is there a difference between renting and owning the land? How does this process work? Open to any past stories or information. 

[Theresa Harris]

Mobile homes can either be on their own lot (freehold) like most single family homes or they can be in a mobile home park (you rent the land).  If they are in a mobile home park, there will be restrictions as to what you can do (same as if you had a condo).