Updated about 5 years ago on . Most recent reply
Purchasing mobile home rentals (not the park)
I have an opportunity to purchase 13 mobile homes for about $100k (I'd probably offer less) that average $450/month rent, so revenue would be a little under $6000/month. The mobile homes appear to be in good shape (I haven't seen them in person yet) and have a solid rental history in a decent location.
I would just like to get some opinions from experienced investors on the quality of this investment and what to watch out for.
Most Popular Reply
@Paul Georgia Own the dirt and never the trailer imho. Those things are a nightmare to keep together...