The Future of Mobile Homes - Posted by Ryan_MO
Posted by Ryan_MO on July 12, 2003 at 24:20:45:
It is currently midnight, and I have been reading 3 year old thought inspiring articles from Doc, Tony-VA, Jacque, and many many others about random MH topics. My parents don’t understand why I stay up til 2am every night doing this. But all of a sudden a few minutes ago, it occured to me, what is the future of mobile homes. Now I dont know if I am being nieve with this question, but seeing as how my newfound endeavour involves these rectangular edifices on wheels, I am just a little curious to see where others feel the direction of Mobile homes is going.
Now I just closed on one 7 unit MHP that has some section 8 tenants, and will close in 3 weeks on a 10 unit park that is all section 8. I am also begining to look into buying land/home packages or just the losts. But my mind started to wonder what is to become of these types of properties if the MH concept goes capoot(?). Should manufactured housing become obsolete or go by the wayside, what am I to do with all these wheels that were formerly deals that are stuck on the land?
I think I may be rambling a bit here, but i am just curious to see how long people feel the manufactured housing market will be around, and how long it will continue to be as profitable as it currently is.
Thanks to all who read and respond to this post as I am so anxiously waiting to see how long the thread gets. I love staying up late at night reading all this great site has to offer.
Ryan from the Lou