Rich Dad Education - Real Estate Blog | Dedicated to Elevating the Financial Well-Being of People from All Walks of Life. Mobile home investing typically happens one of two ways; you invest in mobile homes attached to your own land OR you invest in mobile homes that are on someone else’s land (typically the land rented in someone else’s mobile home park). Today, let’s talk now about mobile homes located on rented land (in mobile home parks)! First of all, there are No Closing Costs – In many states owning a mobile home is very similar to owning a car or a truck. For us as investors, that can mean…….No title insurance, no real estate taxes or insurance prorations, no fees, no surveys, no doc stamps or other costs that typically come with home ownership!
Mobile homes that are located on rented land, such as in a mobile home park, do not close at a title company or attorney’s office. They were happy because now they could do something with all the mobile home leads that they had been stacking up over the months; they could bring them to me. The Next reason is Low Dollar Deals…. Like this: Like Loading... Search Your Environment by ZIP Code. GreatSchools - Public and Private School Ratings, Reviews and Parent Community. Beacon Rock Real Estate.