Investing in mobile home parks could be your most profitable investment outlet in today’s market. John Fedro 8 Comments. While real estate is generally thought to be a solid investment, there are not a lot of homes being purchased. In a suffering economy, finding a lucrative investment is essential. Well, there are a lot of things to think about before you do – both good … Mobile homes have been rising in popularity. Mobile Home Parks Are a Viable Investment Growing demand for inexpensive housing make mobile home lots an alternative investment strategy. Edit: Downvotes, but no responses. There are a number of pros and cons to investing in a mobile home. How to Invest Step. There are both good and bad factors that go along with park home ownership. Perhaps you’ve been considering whether or not you should make one your next home. If you are considering moving into a residential park home, you may be wondering if it will be a worthwhile investment. Get started by figuring out how much money you have to invest. Buying a home in general is just a mediocre investment, so realistically buying a mobile home will allow you to invest a lot of money elsewhere in good investments. Of course it will vary from place to place, but on average a double-wide mobile home with land will cost around $40,000 as of 2009. If you’re curious how many mobile home parks are located around you within a 50-mile radius, follow the steps below to discover the nearby inventory. This will also determine what you can invest in. In today’s mobile home investing Q&A video series I’m so proud to be joined by active mobile home investor, Andres. You can also find thousands of parks for sale without even leaving your house, by visiting such … Typically, the more mobile homes on private land and the more mobile home parks around in the market where you’re working, the better chances you’ll have for your investing success. Mobile Home Investing Q&A #14 – Sacrificing, Creating Value, 9+ Homes, & A Family Road Trip w/ Andres. Before making any investment, it is important to consider the expected return, as well as the amount of the initial investment, because this will help determine the amount that can be spent, and will illustrate any inherent pros and cons. As the mobile home park industry is an extremely odd niche, it will definitely be in your favor to learn more about it, by taking a course on mobile home park investing. In the current state of our economy, more people are interested in renting a home than buying one. Nothing I said was incorrect.
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