Updated over 5 years ago on . Most recent reply
New to mobile Home Investing.
Hello,
After listening to the podcasts on BP on mobile home investing and then listening to all of John Fedro's podcasts on mobile Home investing I am eager to find out more. I am extremely new to the market of mobile home investing and would love to talk to someone who has some experience in the market already. I am currently working in Scottsdale Arizona and am paying about 750 a month in rent, and am not saving up enough money to break into the market.
I am considering two options.
1. Stay in Arizona and get a second job and save up until I have enough money to invest in a Mobile home.
2. Move back to Northern California and move in with my parents. Thankfully my parents would allow me to live there for one year rent-free so I could save up as much money as possible and eventually start investing.
The reason for my post is that I would love to get some insight from someone who has invested in mobile homes in either Arizona or Northern California and see which market it would make the most sense to start out in. I realize that most people are not knowledgeable in both the Arizona and Norcal markets, but if you have some insight on one or the other I would love to pick your brain a little bit.
Thank you in advance.