Are Mobile Homes In North Caroline a Good Investment?

[Rebecca Ramos]

I was recently asked by a Client, who owns a few acres of land in Greensboro, NC and is thinking of putting Mobile Homes on part of it. Are mobile homes in North Carolina a good investment or not?  And state why or why not?  Please be totally honest with your response. I don't want to steer my Client wrong, thank you. 

[Mark Brogan]

@Rebecca Ramos, mobile homes are a great investment to put on land if he/she is planning on renting them out, if they are on their land they will appreciate in value and if they are in parks they do as well and the great thing about them being in a park is they are taxed like a vehicle which means they are very low, everybody loves to say they lose value, they have increased in value in parks and on land tons lately, I for one am glad people still believe this cause much less competition in this area of investing