All Forum Posts by: Jerry Lucker

@Chris Brenner

Ride, ride, ride, - let it ride.

@Joe Mazur

Broker can’t qualify for $100K.

Doesn’t want inspection. You don’t know him.

The rest of the facts and figures don’t mean much with those considerations. I’d pass.

@Dylan Thomas

Her agent needs to tell her to do business in a business like fashion and quit boo - hooing.

@Ken Rishel

Yes - those are the 2 options

@Matt Arden

Call local mobile home movers for prices in your area.

If someone moves a home you can replace it with either a new one or used one. You can then rent it or sell it and continue getting the lot rent. You can also raise the current rents while you own the property. The income makes the price look very attractive. Look at it seriously.

@Kelsey Pyle

Join a landlord’s association. The one I belong to has all the forms necessary for the rental business. They are constantly updated to reflect all the changes in the law.

The association is also the best resource to learn and keep on top of your business.

@Adam Bradley

I’ve got one that’s been tried and proven for years. Give me your email and I’ll send it to you.

@Jacob Gelinas

I would definitely replace.

@Jenine Maggio

I own several mobile homes on private property as rentals. They cost only 1/3 to 1/2 as much as stick built of the same square footage.

They rent for 85 - 90% of what a similar size stick built home would rent for.

I do consider them long term rentals and am not concerned with appreciation - they’re not flips.

I can eventually sell them on contract and make good money as the ‘bank’ or replace the houses with new ones and then sell.

I’ve had one for 15 years that I might do that with now. The profit will be around $200,000.

@Debbie Tringale

I’m sure there’s 1001 answers. You might consider doing what I’ve done for 20 years.

For quick cash and profits I flip mobile homes in parks. For an investment of $5K to $20K (and up) I’ve consistently doubled my money in 90 days or less.