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Updated almost 10 years ago on . Most recent reply

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Humberto Valencia
  • Moreno Valley, CA
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Cash flow

Humberto Valencia
  • Moreno Valley, CA
Posted

I heard that mobile homes are great cash flow opportunities.  Anyone have experience in owning and renting mobile homes, and  any advice for a beginner? 

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Account Closed
  • Rental Property Investor
  • Friendswood, TX
508
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Account Closed
  • Rental Property Investor
  • Friendswood, TX
Replied
Originally posted by @Humberto Valencia:
Originally posted by @Account Closed:

It depends on what your goals are.  If you post your goals, can provide a better response.  People have been successful with different models.

 My idea is to have a lot with maybee 10 mobile homes to set up good cash flow.

Is your plan also to own the lots?  I personally would not want to do the homes as I think lot only rentals are a much better business model but again, to each their own. Some markets are more desirable (say where you can rent a home for 700 and the lot rent portion is 300, and you have a good spread).  I would not try to do that if you are in a 450 home rent market and lot rent is 250, its too skinny. 

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