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Updated over 8 years ago on . Most recent reply

User Stats

112
Posts
31
Votes
Arthur Fuller II
  • Real Estate Investor
  • Los Angeles, CA
31
Votes |
112
Posts

How do I comp a mobile home?

Arthur Fuller II
  • Real Estate Investor
  • Los Angeles, CA
Posted

Got a call today from someone at a MHP in Long Beach California. I have not idea where to start on comping this and making an offer. I can't find any listing for sold homes recently. Best I can do is see that there is one home in that park for sale currently on zillow. 

Any advice? 

Most Popular Reply

User Stats

22
Posts
13
Votes
Bill Ayers
  • Real Estate Investor
  • Wamego, KS
13
Votes |
22
Posts
Bill Ayers
  • Real Estate Investor
  • Wamego, KS
Replied

In my opinion figuring out what it is worth to you starts with figuring out how you want to make money on the deal. Are you going to flip it to an investor or an end user, or are you wanting to rent it (if the MHP will even allow that) ?

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