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Updated over 10 years ago on . Most recent reply

Natasha M.'s profile image
Natasha M.'s profile image
Natasha M.
  • Investor
  • from Maryland
  • Member since Jan 8, 2015

User Stats

208
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Natasha M.'s profile image
Natasha M.'s profile image
Natasha M.
  • Investor
  • from Maryland
  • Member since Jan 8, 2015
Natasha M.
  • Investor
  • Maryland
32
Votes |
208
Posts
Mobile Home Park Investing

Manufactured Home

Natasha M.
  • Investor
  • Maryland
Posted

I have a FSBO who is offering their manufactured Fleetwood 1994 home for $10K. Other's in the area listed with agents are asking 17K - 20k. It's already passed Mobile Home Park sale inspection. It needs just carpet & paint about 5k. I have the cash & was thinking I could rent it out BUT because it depreciates how do you analyze whether it's going to be a good deal?

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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Las Vegas, NV
  • Member since Jan 29, 2015
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Las Vegas, NV
  • Member since Jan 29, 2015
Account Closed
  • Real Estate Agent
  • Las Vegas, NV
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Account Closed
  • Real Estate Agent
  • Las Vegas, NV
Replied

what is the rent minus expenses? Lot rent? Taxes ? Water?etc

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