Are mobile homes or modular homes good rental property investments?
- Bella, If you can pay cash for a mobil home on it's own land. Then rent it out for a few hundred a mo. then it's not a bad deal. But when the tenants calls and says my plumbing leaks can you fix it yourself? Or must you call a plumber? If you are going to call a professional everytime something breaks you will quickly eat up your few hundred a mo. They are costly to repair. You would need to know how to do it yourself. That being said if you can. Go for it. If you can't stay away from it. There are worse things than not having a rental
- Mobile homes and modular homes are two very, very different things. Mobile homes are built on a ch is, given a motor vehicle le, brought to a location, and attached to the ground. The motor vehicle le is then retired. Modular homes are built to the code of where the home is to be located. A modular home is brought to the building site in pieces, where final embly takes place. It is often indistinguishable from stick built housing. For some reason, modular homes get a bad rap in the US, but is the norm in much of the world. Common sense would tell you that modular homes should be better built than stick built homes. With a modular home, the building is performed in a factory where all the tools needed are there. The workers have a regular job, receive benefits, have a roof over their heads, and normal hours. With a stick built home, different workers often show up day after day - sometimes it's just a matter of who happened to be in the Home Depot parking lot that morning - and there is often compromise when a piece of equipment isn't at the site. Bottom line: many fewer problems with modular housing. To answer your question, for you, perhaps neither would be a good rental property investment. You should only invest in things you know and understand. Clearly, this is not an area where you have the expertise to do well
- Mobile and Modular homes are very good rental investments if you are making a positive cash flow and you are happy with the return. Modular homes go up in value and mobile homes do NOT unless you own the underlying land. Modular is basically the same as stick built after it is all finished. Appreciates in the same manner. I have made a lot of money with both but better on properties other than mobile
Knowledge Base
we just purchased a piece of property and would like to find out if there is any "history" behind the house and / or land. the home is a beautiful victorian 2 - story house in an older part of town. just wondering. first thing is to search tax records (real estate funds)
my question is how do people have many investment properties say 7 - 10 $100, 000 properties? when you try to get financing for more properties would not you you be so far in debt? i know that you rent out the properties but you can not make that much (investment advice)
i go to school online i education loans to pay my education part. reporters talk home forclosures due to loans vehicle reposessions time, i do hear education loans. are education loans affected by slowing economy? i am worried if i graduate, i be to afford loans i my education. if (investment companies)
Knowledge Base: Investment Property
looking at investing in a property, preferably somewhere in europe, to rent out and could also be used as a holiday apartment if needed. unsure the best financial option with regards to countries however, anyone with any experience / expertise able to give some advice?. hi just google it. you (land investment)
i would love to invest in property market for future investment, but fear losing my council property which i wish to remain living in whilst carrying out this new business. will i lose my council property if i take up this new venture?. im sorry but if you can invest (property investors)
i am a professional unemployed graphic designer, and thinking of moving into the property business, investing etc. for a living, fed up of being told that i am over qualified as a graphic designer. can anyone recommend how i can get a foot in the door, gain help and the (property investments)
my family and another family share joint ownership of two apartment fourplexes. both properties have recently been paid off. now we want to split ownership so that one family owns one fourplex and one family owns the other fourplex. however, the fourplexes were bought at different times and have unequal (investment properties)
i am doing an essay at the moment and i would like to know whether ppl in general would place the life savings into property or on the stock exchange. if anyone has some advice. plz leave it here. thanx. in the market, property is too long term and risky (property investments)
Knowledge Base: Property Investments
mobile homes and modular homes are two very, very different things. mobile homes are built on a ch is, given a motor vehicle le, brought to a location, and attached to the ground. the motor vehicle le is then retired. modular homes are built to the code of where the (property investments)
my family and another family share joint ownership of two apartment fourplexes. both properties have recently been paid off. now we want to split ownership so that one family owns one fourplex and one family owns the other fourplex. however, the fourplexes were bought at different times and have unequal (property investments)
please add suggestions if you know of other good areas in the uk for residential property investments and explain why. everywhere and anywhere in london is a investment. hackney will eventually become 'gentrified' purely due to the proximity of the city and the fact there are a lot of big (property investments)
i am involved in a 3 - way investment on a rental property and we are being forced to sell because of a dot project. our profit on this property will be approximately $75, 000 and we need to figure out how to split this up. being close family members, (property investments)
this year i am going to make money outside of my day job - what's the best way. heritage. charitable donations can create quit the dividend on the tax return at the end of the year. property and c. d. investments. c. d. 's are like 401k plans. pending how (property investments)
Knowledge Base Categories:
- Investment Companies
- Financial Advisors [19]
- Investment Firm [8]
- Investment Companies [6]
- Home Purchase
- Home Refinance [15]
- Home Equity Loans [13]
- Home Purchase [15]
- Real Estate Investment
- Real Estate Investment [12]
- Real Estate Funds [10]
- Real Estate Investing [19]
- Home Investing
- Home Calculator [8]
- Home Finance [7]
- Home Property [8]
- Investment Property
- Investing Property [9]
- Investment Property [9]
- Property Investors [4]





