Possible deal,never doen MH before! - Posted by JASON

Posted by Anne_ND on May 31, 2006 at 16:56:16:

Deals on Wheels and Making Money with Mobile Homes by Lonnie Scruggs.

Sounds from the size that this is a pre-1976 MH- could be a problem.

Anne

Possible deal,never doen MH before! - Posted by JASON

Posted by JASON on May 31, 2006 at 12:55:50:

It’s a 14x50(i think). 1 bed/1bath, newer furnace/plumbing. Ok condition. Lot rent is 225/month plus trash/water

2300

What would the best way to structure this be? Would I rent it out/lease option it and INCLUDE lot rent in their rent? Or make them responsible for the lot rent and only collect on the trailer?

Thanks

I May Have Looked at This Home… - Posted by Talia FL

Posted by Talia FL on May 31, 2006 at 17:29:14:

Is this MH in Brevard County, FL? The numbers are just like a 1/1 I looked at earlier this month. If it is the same one, WALK AWAY…the owner wanted 2300 from me and I think that it was too much, and so did the great folks on this site who have much more experience from me.

It might not be in the same area, but if it is, beware…

Also, if it is the property I was thinking of, there are no renters allowed in that park any more…new owners have purchased the park and are cleaning it up…and they DO NOT allow any more renters…only owner occupants!

Good luck!!