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Old 06-09-2006, 03:30 PM  
After Shock Media
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Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
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Those that think that land lording is difficult must either have had real terrible experiences or have heard from others that did.

Early on for me it was rough, I figured it would be easy and I was rather relaxed about it. Lesson learned. I find it very easy now as long as you are stern, do your homework, and have all your ducks in a row. Overall I only spend a couple hours a month doing "landlord" shit, and I do not use a property management company aka people who rob you blind while fucking you.

Oh and the mobiles I buy are typically out in the middle of nowhere on at least an acre or in areas that got semi redeveloped with houses. I never ever do parks.

Price wise they make sense as well. I can get a double wide often with other buildings on property (sheds, garages, other units, etc) on the city grid and often without septic on say ten acres for around 150-200k. Where a house on a quarter acre if that would run 200-400k min. Then if you are so inclined the mobiles can be depreciated on your tax returns, plus less property tax.
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