In this video I take a look at my 4th mobile home that I purchased for the purpose of renting. This mobile home is in a raw freshly repo’d state. The viewer will be able to follow along as I have it rehabbed and get it leased over the next few months. Purchased for $5,800. Renovations will cost around $5000. Total investment $11,000-$12000 looking to rent it for $750-$800. Minus lot fee should profit around $500 a month.
My goal in 2014 was to get 10 mobile homes rented at $500 a month for $5,000 in rental profit income a month. Follow me on my journey in my video blog.
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