HEYLAM, BOUGHT A MOBILE HOME

[2FORCEFULL]

CLOSED ON IT TODAY.... it has a tenant in place with a life time lease... 800 per mo. it's on a lot and a half, so 75 x 100

3029 Joyce Ln, Lake Havasu City, AZ 86404 | Zillow

 

[Nanu/Nanu]

Good for you man!

 

[ka0tyk]

the tenant has a life long lease? or the house has a life long lease to the land? heh.

 

[2FORCEFULL]

the tenant has a life long lease? or the house has a life long lease to the land? heh.

the land is a deeded lot so no space rent,...tenant stays till they wanna leave

 

[pronstar]

Who is responsible for maintenance on the mobile home?


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[2FORCEFULL]

Who is responsible for maintenance on the mobile home?


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I guess thats me????

 

[2FORCEFULL]

work done so far...

 

[pronstar]

I guess thats me????

Typically, the value is the lease and the land.
The MoHo is a liability.

I’d consider selling the MoHo for cheap, position it as “I’m helping you own your own home!” to put the liability to maintain on the tenant.


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[outboard_256]

haha I thought those were real dogs.

 

[2FORCEFULL]

haha I thought those were real dogs.

the racoons are real...