Manufactured Homes & Trailers
Im seeing tons of mobile homes for sale on Facebook market place. Some nice ones selling for cheap that look in real good condition but just need to be moved of the sellers land.
Is anyone dabbling into the MH or Camper Trailer market?!
Is this too messy of a market seeing as title and land may be issues?
#2 Mobile Home Park Investing Contributor
- San Antonio, TX
@Steven Baca I've been in the mobile home investing business since 2007. Like any business, there are ups and downs. Overall, it's been quite profitable. If you're going into this niche, it's best to study the market and figure out exactly which areas you want to invest in. From there, it's just a matter of learning the market in those areas and networking to find leads.
Feel free to send me a DM if you have any other questions. Hope that helps!
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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- Austin, TX
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#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
- Austin, TX
I don't like this market unless you're the land owner who charges lot fees.
Have you heard of Vanderbilt Texas? What do you know about that market?
Quote from @Eliott Elias:
I don't like this market unless you're the land owner who charges lot fees.
Have you heard of Vanderbilt Texas? What do you know about that market?
I agree, I'd rather be on the land owner side of deal and charging lot fees.
Yes Vanderbilt is a small community sitting on the outskirts of Victoria County. I have a couple fishing spots near that area. I don't know much about it other than it has 1 gas station, one 4way stop sign and a community of MH's and small SFH (3bd/1ba setups). I can't imagine the population being more than a 500-1000 ppl. I think most who live out in that area are ranch hands, plant workers and fisherman.
It hasnt grown much but I have seen some new constructions in the area so slowly ppl are purchasing land and building.
What are your thoughts for that area?
Quote from @Rachel H.:
@Steven Baca I've been in the mobile home investing business since 2007. Like any business, there are ups and downs. Overall, it's been quite profitable. If you're going into this niche, it's best to study the market and figure out exactly which areas you want to invest in. From there, it's just a matter of learning the market in those areas and networking to find leads.
Feel free to send me a DM if you have any other questions. Hope that helps!
@Rachel H. can you explain what area of the market you're with the MH's?
Are you the land owner that leases spaces and provides utilities, water etc. Do you own land and buy MH to fill in spots to lease or do you buy and sell?
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
- Austin, TX
Quote from @Steven Baca:
Quote from @Eliott Elias:
I don't like this market unless you're the land owner who charges lot fees.
Have you heard of Vanderbilt Texas? What do you know about that market?
I agree, I'd rather be on the land owner side of deal and charging lot fees.
Yes Vanderbilt is a small community sitting on the outskirts of Victoria County. I have a couple fishing spots near that area. I don't know much about it other than it has 1 gas station, one 4way stop sign and a community of MH's and small SFH (3bd/1ba setups). I can't imagine the population being more than a 500-1000 ppl. I think most who live out in that area are ranch hands, plant workers and fisherman.
It hasnt grown much but I have seen some new constructions in the area so slowly ppl are purchasing land and building.What are your thoughts for that area?
I had a deal out there, 2.5k down and $400 monthly payments, and could rent for $1000. I just didn't like the area
Quote from @Eliott Elias:
Quote from @Steven Baca:
Quote from @Eliott Elias:
I don't like this market unless you're the land owner who charges lot fees.
Have you heard of Vanderbilt Texas? What do you know about that market?
I agree, I'd rather be on the land owner side of deal and charging lot fees.
Yes Vanderbilt is a small community sitting on the outskirts of Victoria County. I have a couple fishing spots near that area. I don't know much about it other than it has 1 gas station, one 4way stop sign and a community of MH's and small SFH (3bd/1ba setups). I can't imagine the population being more than a 500-1000 ppl. I think most who live out in that area are ranch hands, plant workers and fisherman.
It hasnt grown much but I have seen some new constructions in the area so slowly ppl are purchasing land and building.What are your thoughts for that area?
I had a deal out there, 2.5k down and $400 monthly payments, and could rent for $1000. I just didn't like the area
I doubt you need any help with the deal but if you're willing to pass it along I'd be willing to look into it
@Eliott Elias One thing about the School System in Vanderbilt, TX...Industrial ISD is a great school system and has been that way for decades! I think many folks are employed by some chemical plants in the area.
You're correct about Industrial School District
Quote from @Robert Sims:
@Eliott Elias One thing about the School System in Vanderbilt, TX...Industrial ISD is a great school system and has been that way for decades! I think many folks are employed by some chemical plants in the area.
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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- Austin, TX
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#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
- Austin, TX
Quote from @Robert Sims:
@Eliott Elias One thing about the School System in Vanderbilt, TX...Industrial ISD is a great school system and has been that way for decades! I think many folks are employed by some chemical plants in the area.
Is there a demand for rentals out there?
#2 Mobile Home Park Investing Contributor
- San Antonio, TX
Quote from @Steven Baca:
Quote from @Rachel H.:
@Steven Baca I've been in the mobile home investing business since 2007. Like any business, there are ups and downs. Overall, it's been quite profitable. If you're going into this niche, it's best to study the market and figure out exactly which areas you want to invest in. From there, it's just a matter of learning the market in those areas and networking to find leads.
Feel free to send me a DM if you have any other questions. Hope that helps!
@Rachel H. can you explain what area of the market you're with the MH's?
Are you the land owner that leases spaces and provides utilities, water etc. Do you own land and buy MH to fill in spots to lease or do you buy and sell?
Sure thing! I primarily buy homes in other mobile home parks. It's a good system and has worked for me. I am on the lookout for mobile home lots and land, should any opportunities come my way in the future. Hope that helps!
Quote from @Eliott Elias:
Quote from @Robert Sims:
@Eliott Elias One thing about the School System in Vanderbilt, TX...Industrial ISD is a great school system and has been that way for decades! I think many folks are employed by some chemical plants in the area.
Is there a demand for rentals out there?
Let me see what I can find out