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82
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27
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Champ Leong
  • Investor
  • Birmingham, AL
27
Votes |
82
Posts

STUPID??? Rented lots for traliers.

Champ Leong
  • Investor
  • Birmingham, AL
Posted

I see a lot of mobile homes for sales...on RENTED LOTS. Pro's and con's please. 

Most Popular Reply

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1,478
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1,272
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Paul Moore
  • Commercial Real Estate Fund Manager
  • Lynchburg, VA
1,272
Votes |
1,478
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Paul Moore
  • Commercial Real Estate Fund Manager
  • Lynchburg, VA
Replied

@Champ Leong I agree with what was said above. In my 22 years of real estate investing, mobile homes are the worst investment I ever made. Mobile home parks, however, are equal to self storage as the best investment I ever made. By a park… Let someone else on the trailers. You don’t want that nightmare.

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