Posted by Eric C on February 11, 2002 at 18:50:52:
Hi Richard-
Doug Ottersberg posts on this site regularly and lives in Santa Fe. You could do no better than to run your proposal by him.
Take care,
Eric C
PS - Doug also has extensive experience in MHs, owns his own MHP and has even authored an article or two – some of which are here on CREO.
PPS - if you’ve really got some nice MHs at good prices, you might want to let some others know too. Maybe some of them are a bit closer to you – like me for instance – here in DFW.
Posted by Richard TX on February 11, 2002 at 13:20:48:
I have located a lot of mobiles cheep and need someone in the Santa Fe area to handle the setup end of things as I am in east Tx. Also need to verify the info I have. If you are in the Santa Fe area or know someone in that area please let me know as this is a very profitable idea I am working on. deal: By mobiles in Tx cheep, move them to Santa Fe where I have been told they will sell or rent at a premium price. Was told rent is about $1 per square foot per month on mobiles. Mobiles that are about $30K retail here will bring about $100K to $125K in Santa Fe. I can pick up repo’s for 25 cents on the dollar or better. If the info on Santa Fe is right and the restrictions will allow this I can see where there is a lot of money here. Any info THANKS IN ADVANCE Richard
Estoy en Santa Fe, te puedo ayudar - Posted by DougO(NM)
Posted by DougO(NM) on February 12, 2002 at 09:13:59:
Hi Richard,
I’ve been in Santa Fe for the last 8 years. I am very active in the MH business as Eric C mentioned in his post. I don’t know where your information comes from, so let me address a few of the items in your post:
There is no place you can rent a MH unless you own the dirt. Land Lease Communities prohibit this, and Fee Simple Dirt (lots) where a MH can be sited run $40-75K improved. Most that do come available are restricted to mulitsection only. (I have two if you are interested, one at 68K and another at 75K for example )
A $30K retail MH in East Texas is still a $30K retail MH in Santa Fe. Less after moving and set-up costs. The $100-125K price might be a mulitsection home on a large city lot (if you can find one) and / or an acre or two outside the city, again, if you can find one.
That said, If you can pick up some clean 16 x 80 or 16 x 70 3 Bed 2 Bath units, preferably hardboard sided with shingled pitched roofs, there might be something I can do with them. Depending on your particular situation, there are other things that can be done, and I’m happy to visit with you about them.