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Updated over 8 years ago on . Most recent reply

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Will Gaston
  • Rental Property Investor
  • Columbia, SC
2,214
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Columbia, SC Property Manager for Mobile Homes?

Will Gaston
  • Rental Property Investor
  • Columbia, SC
Posted

All:

Looking at a group of trailers FSBO that seems like a solid deal. Owner is elderly and doesn't want to manage anymore. He's asking $290,000 for 4 separate parcels that includes 18 MHs/1 duplex/1 SFH. Total rent is $8,250/month. I also think he would carry back a second mortgage and I have a bank that would do a 75% first. PITI on 1st and 2nd should be about $3,000/month.

I realize the maintenance costs will be horrendous but I still think this a good buy.

However, I only own SFH and MF and don't want to manage this type of tenant. With that being said, does anyone know a good property manger for mobile homes in Columbia, South Carolina?

  • Will Gaston
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