There are many people on the forum beginning to ask about mobile home investing. I have been doing this for a short time but maybe I can help some investors make smart decisions.
I frequently come across free mobile homes. The only catch is that they must be moved. So, how much would a free mobile home cost you? Regional costs will vary but around here you can expect to spend $1200-$2000 to tear down, move, and set up a single wide MH. No biggie you say, but that's not all. If you have to buy skirting you will spend around $700. Then having the utilities hooked up will cost about $300-$500. If you have to ad a porch you will spend $100-$200.
So, you can see if you have to move it and re set it up you will be into a free mobile home for $2500-$3000.
So, if you are given the choice of a mobile home set-up and ready to own for $2500 in a location that doesn't have to be moved or a free mobile home, you can see the real cost.
I know many on here are well past dealing with low end homes but there are many on here that are beginners and this may help them make better decisions. Good luck to all.:cheers:
I frequently come across free mobile homes. The only catch is that they must be moved. So, how much would a free mobile home cost you? Regional costs will vary but around here you can expect to spend $1200-$2000 to tear down, move, and set up a single wide MH. No biggie you say, but that's not all. If you have to buy skirting you will spend around $700. Then having the utilities hooked up will cost about $300-$500. If you have to ad a porch you will spend $100-$200.
So, you can see if you have to move it and re set it up you will be into a free mobile home for $2500-$3000.
So, if you are given the choice of a mobile home set-up and ready to own for $2500 in a location that doesn't have to be moved or a free mobile home, you can see the real cost.
I know many on here are well past dealing with low end homes but there are many on here that are beginners and this may help them make better decisions. Good luck to all.:cheers:
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