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Mobile Home Park Investing

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Samuel S.
  • Rental Property Investor
  • Metro Detroit
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83
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Mobile Home Startup

Samuel S.
  • Rental Property Investor
  • Metro Detroit
Posted Sep 28 2020, 15:33

Hi BP folks,

So I recently closed on my first mobile home park, and over the last few months have been in the process of upgrading several of our current POH's.  Throughout this time, I have been thinking a lot and researching about whether it would make sense to continue spending the time renovating, or if I should buy refurbished, or if I should even look to purchase new.

For those who are experienced in this space, I was wondering if anyone has ever done a financial case study to see if manually building a HUD code approved mobile home (via Home Depot materials) could potentially be cheaper than purchasing new? And, if anyone might have a cookie cutter "bill of material" list they wouldn't mind sharing?

Thanks in advance!!

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