BP Post #8: Mobile Homes with Land > Mobile Home Parks

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In this post at Bigger Pockets, I wrote about the advantages of mobile homes with land (our primary business) over mobile home parks.

Here’s the quick summary of advantages:

1.  No/Little Infrastructure Issues

2.  Liability/Disasters are limited to one home

3.  Decreasing Supply leading to Increasing Prices for mobile home park sellers

4.  Higher Demand = Higher Quality Tenants for mobile homes with land

5.  Fewer Inherited Tenants with mobile homes with land.

 

One Disadvantage of mobile homes with land:

1.  Little to No Appreciation

 

You can read the full article here at Bigger Pockets.

Again this is just the way I see it in my current market.  Things change as time goes on and from area to area.

About Aaron Kinney

Aaron Kinney (Facebook) has been investing in mobile homes with land with his dad since 2011. He has begun sharing his business in the MobileHomeEbook Blog and has even written a book that outlines his strategies.

2 thoughts on “BP Post #8: Mobile Homes with Land > Mobile Home Parks

  1. I’m living in RTM home since last 4 years and till now the experience has been good. The best thing about mobile homes is that they come in low price as compared to other residential buildings. Gives a bungalow type feel. Also they can be moved from one place to another.

    • Yea I agree. Many people would prefer to live in a mobile home over an apartment because of the increase in privacy.

      It is true that they can be moved, but it’s more expensive than most people realize.

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