All Forum Posts by: Andriy Boychuk

Hi @Ron Gage ,

It all depends. What year is it? Is it move in condition? Does it need repairs? What is lot rent? Is it family park? Do you try to rent it out or sell? What is rent prices in the area?

There are some double wide for free in my area and some are for 50k and up. 

@Kevin Bupp I recently found your podcast on iTunes. I love interviews and information that I am getting from each show. 

Thank you for information and inspiration.

@Bill Gulley thank you for the explanation. 

@Bill Gulley What is undivided interest and revisionary agreement? I am not able to find answer online and there is no topic on the forum about it. 

@Simon W. thank you for organizing the event. See you there.

@Eric F. 

I do not know much about mobile homes on private land. However, I know you can sell  land with house on it with private financing by using land trust.

@Josh McCullough 

Do you secure your notes by the mobile homes?

 I always buy mobile homes in family parks. There are few 55+ communities in my area as well but I stay away from them.

 I agree with Leslie. You do not need a lot to start. I bought my first mobile home for $500 and renovated it for $2000 (materials + labor). 

@Ian Tudor 

Here are my personal criteria for buying mobile homes:

• All mobile homes have to be in move condition or require minor work. Minor work means, that 1 handyman can do all repairs in 2 days and up to $1000 labor+material cost.
• Easy park approval process. I had one mobile home that I could not sell because the park manager denied almost everybody.
• lot rent up to $450
  
• year 1980 and newer unless older home is in move in condition
  
• No one bedroom mobile homes. I will buy one bedroom mobile home only on private land.