Mobile Home Park Investing

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Josh McCullough
  • Investor
  • Jackson, GA
125
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228
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Mobile Home success story.

Josh McCullough
  • Investor
  • Jackson, GA
Posted Oct 9 2015, 17:26

30 months ago I bought an occupied 2 bed 1 bath mobile home for $2,500, collecting $200/month in a park.  Gross rent collected $6,000.  The tenant moved out due to health reasons.  It took $640 to get rent ready.  The same day I put it back on the market, I received a call from a man interested in buying with cash.  We settled on $10,000.

BOOM! Who said these things depreciate?

Seriously though, most deals do not work out like that, but I wanted to share with y'all the possibilities that can come from small investments.

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