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Updated over 4 years ago on . Most recent reply

User Stats

80
Posts
31
Votes
Roger Covin
  • Investor
  • Dallas-Fort Worth, TX
31
Votes |
80
Posts

Leasing Private Lots to Mobile Home Owners?

Roger Covin
  • Investor
  • Dallas-Fort Worth, TX
Posted

I have six vacant lots near Cedar Creek Lake in TX and want to hold them for future appreciation. Is there a market for leasing out a private lot to mobile home owners? Would it be better to buy mobile homes for the lots and rent the homes out?

Thanks for any help!

Most Popular Reply

User Stats

80
Posts
31
Votes
Roger Covin
  • Investor
  • Dallas-Fort Worth, TX
31
Votes |
80
Posts
Roger Covin
  • Investor
  • Dallas-Fort Worth, TX
Replied

@Donald Stevens Jr. cool, I'm glad to hear this is common practice! The area I bought in has NO zoning laws, which is weird, but there is an Owners Association regulating the quality of the home. Septic, power, water is already provided as well as other perks. I guess I'll play around with pricing...it's kind of a shady area from what I hear but it's right next to expensive homes near a lake. I guess at this point, I'll start advertising, talk to an attorney, and hope to continue to get feedback from BP. It's not what you know, but what you don't know that you need to know that gets you!

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