Owning Mobile Home Land

[Arnold Finkelstein]

I have the opportunity to own a couple of parcels that can host mobile homes.  One of them, in Talladega, already has a mobile home on it.  

However, I don't know if it's worth it.  What are the pros and cons of owning land someone else rents for their mobile home?  

[Jerry Lucker]

@Arnold Finkelstein

The pros would be collecting rent but have no maintenance responsibilities for the house. The mobile home owners pay all utilities. There’s a good chance you’ll end up owning some of the homes.

You could buy a new or used home, pretty it up, and sell it, rent it, etc.

I still like just renting out the dirt. ( over 20 years doin’ this stuff :))