Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Philip Bourdon

Philip Bourdon has started 26 posts and replied 82 times.

Post: MHP Condition - How Important?

Philip BourdonPosted
  • Pittsburgh, PA
  • Posts 87
  • Votes 14
Originally posted by Leslie12:
Philip,
I don't have any pictures, but I would say parks vary drastically in their quality and appearance. I've driven through some that were truly frightening and I can't imagine anyone but gang members wanting to live in.
But others were beautiful and perfectly maintaned.
I wouldn't invest in the bad ones, no matter how cheaply I could.

Thanks, Leslie. I can see now that the key is how bad is it really? Run down is one thing, but dangerous and even depressing is another.

Post: MHP Condition - How Important?

Philip BourdonPosted
  • Pittsburgh, PA
  • Posts 87
  • Votes 14

I am a new investor educating myself via Lonnie’s material and forums. I drove through my first Mobile Home Park the other day and was surprised as to how poorly maintained the homes and yards were.

My question is this: Is it worth buying/selling in a badly maintained area? I’m imagining that, although I might be able to buy cheaply, how well am I going to be able to sell, even on terms? Most folks want to live in a decent neighborhood.

Does anyone have photos of what could be described as a “bad†MHP compared to ones that might be a little worn down but still OK?

Thanks for your help!

4 5 6 7 8 9