Updated about 9 years ago on . Most recent reply
Need advice
Hi this is my first post and I'm thinking about investing in mobile homes. I am from Mobile, Alabama and would like any advice on being able to determine if this is a good market to begin in. I am also open to any advice regarding general real estate.
Most Popular Reply
To answer your question, you have to determine your strategy, do you want turnkey properties, or do you want to do all the work of a renovation? What type of tenants are you looking for? If you do renovations, make sure skin is thick, and your pockets/credit are deep. There's a wide array of answers... but in general, unless you're only doing section 8, large, steady employers are what I like to see. I like to buy near military bases, or colleges.