**Why I’m Betting on the Part of Real Estate Most Investors Overlook**

Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 972 votes

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.

[email protected]614-418-6081

0 Reply

Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
2mo
Quote from @Arman Ahmed:

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.

they are called Lonnie deals.. look it up.. he did this 30 years ago..
Podcast Guest on Show #222
JLH Capital Partners51 Review
Website View Page
1 Reply
Tekoah Ferro
OP
Member since 2026 · 14 posts · 3 votes
2mo
Quote from @Arman Ahmed:

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.
I believe we have already spoken, You're in Ohio right? I fled from the midwest. No interest whatsoever. Especially when I can acquire a mobile home for virtually the same price on the west coast and sell it for double or more than I could in the Midwest.
0 Reply
Mike Kirby
Rental Property Investor · New Braunfels, TX · Member since 2021 · 291 posts · 257 votes
2mo
Quote from @Jay Hinrichs:

Quote from @Arman Ahmed:

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.

they are called Lonnie deals.. look it up.. he did this 30 years ago..
And the SAFE Act and Dodd-Frank pretty much put an end to Lonnie deals unless you become a SAFE Act licensed dealer.
1 Reply
Tekoah Ferro
OP
Member since 2026 · 14 posts · 3 votes
2mo
Quote from @Mike Kirby:

Quote from @Jay Hinrichs:

Quote from @Arman Ahmed:

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.

they are called Lonnie deals.. look it up.. he did this 30 years ago..
And the SAFE Act and Dodd-Frank pretty much put an end to Lonnie deals unless you become a SAFE Act licensed dealer.

"Lonnie deals aren't dead, they just evolved. The SAFE Act just killed the old way of acting like an unlicensed bank on handshake contracts. Today, you don't need to carry the paper. There are plenty of national, specialized chattel lenders—like 21st Mortgage and Triad—who handle the financing for you.
Personally, I use a licensed real estate agent to keep things airtight, and I only buy homes that meet the exact year requirements for state insurance compliance. From there, I flip them into clean, modern conditions. The market is wide open if you actually provide a quality product and use professional lenders."
0 Reply
Tekoah Ferro
OP
Member since 2026 · 14 posts · 3 votes
2mo
Quote from @Jay Hinrichs:

Quote from @Arman Ahmed:

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.

they are called Lonnie deals.. look it up.. he did this 30 years ago..

That may be, however they definitely fell to the wayside and have become overlooked for quite some time. They are however making a comeback!
0 Reply
Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
2mo
Quote from @Tekoah Ferro:

Quote from @Jay Hinrichs:

Quote from @Arman Ahmed:

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.

they are called Lonnie deals.. look it up.. he did this 30 years ago..

That may be, however they definitely fell to the wayside and have become overlooked for quite some time. They are however making a comeback!

I really dont think this model went anywhere I have funded many MH and manufactured home flips for clients of mine over the last 5 years.
Podcast Guest on Show #222
JLH Capital Partners51 Review
Website View Page
0 Reply
Tekoah Ferro
OP
Member since 2026 · 14 posts · 3 votes
2mo
Quote from @Jay Hinrichs:

Quote from @Tekoah Ferro:

Quote from @Jay Hinrichs:

Quote from @Arman Ahmed:

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

I like the way you’re looking at it. A lot of investors get stuck chasing the same single-family and multifamily deals, so finding an overlooked niche with a clear value-add strategy can be a real advantage. The key is exactly what you mentioned: the park, lot rent, buyer demand, and resale comps matter just as much as the home itself. I’d also keep an eye on Midwest markets, where attainable housing and lower acquisition costs could create some interesting opportunities in this space.

they are called Lonnie deals.. look it up.. he did this 30 years ago..

That may be, however they definitely fell to the wayside and have become overlooked for quite some time. They are however making a comeback!

I really dont think this model went anywhere I have funded many MH and manufactured home flips for clients of mine over the last 5 years.
They can be very lucrative. And a great entey point for a first time flipper as well.
0 Reply

Arman AhmedPro Member

Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 972 votes

2mo

Quote from @Tekoah Ferro:

One thing I've learned talking to traditional real estate investors is that a lot of people simply don't see value in mobile homes.

I do.

And I'm building Altstead Collective around that difference in perspective.

My model focuses on undervalued mobile homes already located inside established parks. I acquire the right homes, renovate them strategically, and resell them without moving them from the park.

My first project had approximately $16,000 total invested and sold for $40,750, producing approximately $24,750 in profit.

That was my proof of concept.

Now I'm applying the same fundamental strategy in Washington markets, where renovated homes can sell from approximately $65,000 to $120,000+, depending on the city, individual park, home and local demand.

What I think gets missed is that I'm not simply looking for cheap trailers.

The park is part of the investment.

I evaluate the location, lot rent, park quality, comparable sales, buyer demand, renovation requirements and realistic resale value before I consider the home an opportunity.

And I don't move them.

That's deliberate.

By keeping the home in its existing park, I'm not taking an inexpensive acquisition and burying it under transportation, land, site preparation, utility installation and infrastructure costs.

I'm taking an existing housing asset in an existing community and improving the asset itself.

There is also a massive perception gap surrounding mobile homes.

People hear mobile home and often immediately assign a low value to it.

I see something different.

I see housing that can be outdated, ugly and overlooked—and still have the bones to become a beautiful home someone is proud to own.

That's a big part of what Altstead Collective is about.

Seeing value where other people don't.

Not everyone needs or wants a $400,000 house and a 30-year mortgage. There is a market for smaller, attainable, beautifully renovated housing, and I believe that market is going to become increasingly important as traditional homeownership continues moving out of reach for a significant number of people.

So I'm not trying to convince traditional investors that mobile homes are worth their attention.

They don't have to see what I see.

In some ways, that's precisely where the opportunity comes from.

Overlooked assets. Strategic acquisitions. Thoughtful renovations. Attainable housing.

That's the model I'm building with Altstead Collective.

And I'm just getting started.

[email protected]614-418-6081

0 Reply

Shiloh LundahlPro Member

Rental Property Investor · Gilbert, AZ · Member since 2016 · 3k+ posts · 4k+ votes

2mo

@Tekoah Ferro I have made a lot of money with mobile homes on land. I've also own mobile home parks, but I think for me I make more money was buying and selling mobile homes on land then with my mobile home parks. Here is one that I am closing in the sale this upcoming Friday.

Purchase price 180k. Renovation $60k sales price 320k. After sliding and sales costs and hard money costs the profit will be around 40k.

https://www.zillow.com/homedetails/1820-S-Sossaman-Rd-Mesa-AZ-85209/8075045_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

480-206-1209 Podcast Guest on Show #287

0 Reply

Tekoah Ferro
OP
Member since 2026 · 14 posts · 3 votes
2mo
Quote from @Shiloh Lundahl:

@Tekoah Ferro I have made a lot of money with mobile homes on land. I've also own mobile home parks, but I think for me I make more money was buying and selling mobile homes on land then with my mobile home parks. Here is one that I am closing in the sale this upcoming Friday.

Purchase price 180k. Renovation $60k sales price 320k. After sliding and sales costs and hard money costs the profit will be around 40k.

https://www.zillow.com/homedetails/1820-S-Sossaman-Rd-Mesa-AZ-85209/8075045_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

Very nice.
0 Reply

Why I’m Betting on the Part of Real Estate Most Investors Overlook

Why I’m Betting on the Part of Real Estate Most Investors Overlook

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