Mobile Home Investment

[Mark Dowsett]

Hi everyone,

I am a new investor and I have been looking into mobile homes a bit for buying and renting out. In my area you can buy them anywhere from 45-80k roughly and they can rent from $800-$1,000 a month. What are the downsides to mobile home investing? It seems like you can bring in more rent per dollar invested compared to single family homes. I am interested to know everyone's thoughts. Thanks!

sincerely,

Mark

[Paul Stout]

Jefferson does mobile home parks, not mobile homes.  I'm certain he has owned and will continue to own homes as any park owner inevitably will but, as a rule, we like to get rid of them as soon as we can.    If you want to invest in the homes @John Fedro is the man.