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Mobile Home Park Investing

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Nick Abbate
  • Real Estate Investor
  • Phoenix, AZ
16
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155
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Got a FREE DOUBLEWIDE Now what?

Nick Abbate
  • Real Estate Investor
  • Phoenix, AZ
Posted Oct 5 2010, 15:30

I have the opportunity to get my hands on a full sized, 3 bedroom, 2 Bath Doublewide about 1800 sq ft. It needs about two full weekends worth of work, but that’s ok I am not opposed to doing this.

The BEST PART IS ITS FREE.
My questions are:

1) I need to have it hauled? Not sure how to do this or how much its going to cost?

2) Where do I put it? How do I go about doing this? Hmm not sure. I thought about asking the guy that has it if I could rent his land and this way it doesn't have to be moved. About $150.00 a month I am thinking. I think it already has plumbing and electrical there but not sure.

If I move it I could get alot more CASH FLOW per month if its moved to a better area.

3) Does not have a title need to figure this one out?

4) Sewage and electrical how do I hook these things up?

5) Do I need my own lot? What has to be on the lot?

6) Should I sell it for the instant cash?

7) Please share your thoughts I need to get this thing done asap.

8) How do I find out the value? Should I fix it up for the CASH FLOW?

9) Not sure what the hell to do with it any suggestions greatly appreciated.
Thank you

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