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46
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Kinju Dudhia
  • MI
12
Votes |
46
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Single mobile home- not in mobile home park

Kinju Dudhia
  • MI
Posted

Good evening,

I am looking at a single mobile home placed in an okay subdivision. However it is very close to above average schools, walking distance from town , church, bank, and fast food places. The price is also very right. Will need rehab though.

Anybody who invests in mobile homes is it a good idea? 

Thanks in advance.

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4,362
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4,265
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Greg H.
  • Broker/Flipper
  • Austin, TX
4,265
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4,362
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

@Daniel Fitzroy

Hud started regulating mobile homes in 1976. Before that there were very little to no standards in place

My point is, when a 2000 or newer MH can be had for less than $20k, why would one want to put $20-25k into a 1974 model?  The value in this case Is in the land

  • Greg H.
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