Updated over 10 years ago on . Most recent reply
Mobile Home Park or Houses?
I have access to money and and plenty of land. Do I want houses of Mobile homes? Whats the best route for income? I am from south GA so Mobile homes are easy to come buy here. I also come with construction skills and can build stick built house about 1400 sqft for less than 45k. I know that Mobile homes may be the quicker return, but I am looking at more of the long term. Whats going to hold up or will replacing mobile homes and making those repairs still more beneficial?
Like I said I am new, so any help would be great. What have you all found to be more advantageous and why?
Most Popular Reply
Don't build a MHP - especially in the Southeast. The SE is just too low-income. Plus, you can acquire MHPs already full of homes and cash flowing nicely for less than construction cost.
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My 2 cents worth,
-Jefferson-