rental

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Tedy

rental

Post by Tedy » Mon Sep 29, 2003 6:13 pm

I am looking into mobile homes and I would like to know what cities, state and/ or locations I could rent these homes. Are there particular places that investors are approaching for such cash flows? I live on the west coast so while I am willing to invest wherever it makes sense, I would prefer the areas to be in the west. I would appreciate any kind of feed back on my questions so that I can get started. Thank you.

Tedy.

Roy Bonney

Re: rental

Post by Roy Bonney » Tue Sep 30, 2003 6:28 am

Manufactured homes, are rented all over the country. Probably the most lucrative area, is where you are located. Location, location, location. The cost difference in making the intitial investment, will be less in the south east, but the return on investment will not be as high. Think about this. You could rent four homes in the southeast, make $1000.00 a month and have four problems, or rent one in California, make a $1000.00 a month and have one problem. Food for thought.
Only the return on investment is relative.

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