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Land lease $3400 a month for a trailer is mind blowing 🤯

If you don’t own the land then it’s pointless. Look up all the recent news reports of mobile home owners of decades having to leave because suddenly rich people decide they want the land they considered once worthless , especially in a location as nice as this

This is the worst financial decision someone could make. Trailers only depreciate, they don't own the land and yet you need to maintain it, pay utilities, and a loan for the depreciating trailer. This is exactly what not to do.

They didn't buy a trailer, they bought a life.

A cheap house, but that land lease is so expensive. If and when they sell, they will not recoup the land lease.

I’m in Huntington Beach I’m a block away from the beach and my land lease is $1400/month. I have a back years fruit trees. I love my trailer. I paid $94k

I live in the next town over, and I love Laguna Beach. I’ve always said if I could live in a shack on the beach I would. Their trailer is adorable. 😊

5k a month is insane. In 5 years they would have paid more for the land then the trailer itself. smh

Lots of haters in the comments. 38 & 42 years old…probably not planning on having kids, why not live in a little slice of paradise. They have jobs that allow them to live anywhere. Doesn’t seem like they have to worry about their current living situation being an investment. They can probably sell the trailer for a decent price if they decide to move in the future

5k a month for a trailer 😂 painful

Laguna Beach is such a lovely town. I want them to come decorate my house! Theirs is so gorgeous. The backyard is amazing. Adorable couple, adorable dog, adorable home.

Imagine paying off the trailer and still paying 3k a month for land lease

Their home is beautiful and in a great location. Living that close to the beach is like a year round vacation.

all i heard was $200K for a trailer

I’ve had the opportunity to live in Laguna from 2018-2023 and my quality of life was incredible during those years. Definitely a special town glad this couple is enjoying their experience down there as well!

I love, love, love their back yard...... it's GORGEOUS!!!!! ♥

Sounds expensive at face value. But considering how California is normally expensive (this is just a slight premium on top of regular renting), how beautiful their home is, and the fact that they located exactly where they want to be in Laguna beach, $5K seems like a great deal.

I think they are living their best life! ❤

There’s not enough beach for me to be convinced that this was a good idea😊

Brian has a job that pays him more than most of those posting negative comments about wastefulness. This couple is living on their own terms, congrats doing it at a place you love. Also, nice job on the 15% discount off listed price.

The land rent is outrageous.

To the haters they lived on there boat few years enjoyed it and I’ve been to Laguna beach many times love it there and for them to make this trailer there own inside and out they are living a happy life and beach is so close I applaud them

Laguna Beach is my favorite spot. I drive over an hour down from LA. For those whinging about the cost of housing, it's a steal for Southern California. My brother just rented out his 2 bedroom house in LA, 20 minutes drive to the beach, for 6K. And that is BELOW market rate. Most houses in his neighborhood are renting for 8K!

That land lease is some proper bullsh!t, wow.

I clicked on this because I saw Laguna Beach and $212k home. I laughed when I saw the landlease cost and all that money thrown away. I don’t think that’s smart because they can’t even write this off their income taxes!

This is extremely expensive for most people. If it sounds too good to be true, it is.... this exemplifies this quote. 3400 x 12 = 40,800 and is going up 3% not including the mortgage.

I was always told to avoid land leases at all costs. Interview some people who had a home in crystal cove (5 mins north) about 10 years ago. They learned the hard way.

Styled really beautifully & gorgeous location

These are statistically the worst investments you can make.

Many folks commenting here most likely don’t know or have never been to Laguna Beach. It is a gorgeous small beach town and very expensive. Te couple featured in the video is very creative and found a way to live in their dream location. I may consider the same as I love Laguna Beach.

I stayed in Huntington Beach for spring break and took a drive to Laguna Beach!! Such a nice area

What a beautiful home! You guys did a great job of renovating indoor and outdoor. Great creative way to live your dream❤it!!

I can see their vision. First thing I did when I moved to So Cal was build out the backyard like these folks did. No need for a lavish house when you’ve got the Cali sunshine pulling you outside all year. I’m seven years into owning my little 1888 built fixer upper and I’m just now getting to the interior updates after working through my outdoor projects.

Trailers rock! Love how you styled your home as well as the landscape! California, despite all of its nuances, is absolutely beautiful by the beach. Congrats to you both❤

Their backyard is so nice!

Their home is beautiful and I love they thought outside the box. I'm confused on the leasing the land part, especially because it goes up 3% every year. You own the home, but it's not really yours because it's on a plot of land that you can't take so you could actually have to move it somewhere else, and they started off the video by saying they couldn't afford anywhere else. To each their own, it's a beautiful space. They have invested so much in the actual land, because the outside space they really build up from installing a fence, jacuzzi, landscaping etc.

Jealous. They can't stop smiling! That's so irritating! It is fabulous. It still costs a good amount per month, but it's fabulous, it's worth it and more. I wonder if the owner of the land can decide not to renew their lease or raise the lease an exorbitant amount.

Such a cool space and being able to walk to the beach is huge. I love how they got creative with their storage. They could even airbnb it later because of the prime location.

Those prices 🤯 I moved abroad five years ago. I live near the sea in a one bedroom furnished (plus small spare room) apt. I pay 480.00 and watch sailboats, dolphin, porpoise, swans, seals, otters, cranes etc

Beautiful in every way! Such wonderful choices of decor and design inside and out. Lovely little dog too.

Kudos to you guys for finding a way to live near the beach! My mortgage in Estes Park is 6K a month. This is what life is as a home owner in 2024.

The land lease is nuts!

That is so cool, love how you fixed it up 😊

Beautiful ideas, we disregarded a mobile home but lacked a vision when we began late on starting our family. We still learned from our five moves and two non forest related fires in CA, with our children, to being practical and having key luxury items, our closets have drastically reduced too, just keeping the best. The kids are still in the early single digits so eventually will need open outdoor space to continue to burn their energy much like your outdoor space with breathtaking views. Congrats on your eternal vacay home! True we may have to rethink the rent space separate from the monthly mobile home. I’ll keep this vid in mind.

I live in a mobile home retirement community in Tempe,AZ. I thought my land lease was high at 800 a month😮 but would love to live in Laguna Beach! Beautiful home!

But seriously how do you find a property like this? I've lived in Laguna Beach, and even that house, but easily be over for half -1 million. My friend had a TINY apartment that was over $1000 a month. Yeah she basically slept in her kitchen. You have to wonder how much of those stories are actually just completely made up or exaggerated.

It’s all about location, location, location, but OMG the price is outrageous! The scary thing is with these parks, the land owners can increase the lease as much as they want and/or sell it to developers and kick all the residents out!

Oooh cool, can’t wait to read your book!

I'd like to know more about their boat life in Marine County, anyone else? That was a big "lounge/work area" that looked very comfortable too.

fun now, but in 10 years you realize you have no equity and your land lease and doubled in price LOL

Beautiful home and perfect location.

CNBC Make It, This made me laugh so much! Thanks for sharing!

If they’re happy then good for them! Hope they enjoy their Laguna life 🌊

As long as they’re loving it, good for them! Why so many people are judging??

Ps: Temu Matt Damon ???

Not a good deal! 5k a month can get you a real home in LA , if you want affordable beach side properties why not Florida?

Lol yeah the video title is deceptive by saying it’s a “$212k home by the beach” 🤔

I've been to Laguna, great place!

Beautiful home and location…I can see why they made the decision to move there. The cost is steep but well worth it for the lifestyle…. as long as they can afford it. And when they no longer can I guess they can just roll it somewhere else!

Just checked, they coudlve rented a 1br apt for about half the price they paying. 4.7k is insane!

I think it's a beautiful home. They have the beach and a beautiful life. I love it. I think it's cool they can move their home since it's on wheels. It's still expensive but way cheap for the location considering.

Spending 3400 a month on a rental is/should be illegal.

Beautiful trailer. Very well furnished and perfect location. The land lease is super expensive and that’s something that’s kept me away from making the move to a luxury trailer.

Good job guys… this is very appealing.

$600,000 over 10 years for a trailer that cost them $212k. EEEEEEK

In 2022 I moved inland in southern California to a 1040sf mobile home, and it's the BEST place I've lived. My Wisconsin relatives were pretty snooty about me moving into a "trailer park" until they found out that my next door neighbor is a lawyer and another neighbor has a PhD in education and is the former superintendent of a Milwaukee suburb school district. All inclusive, land lease, insurance, taxes, utilities etc., my monthly housing cost is just under $800 a month. I have 2 bedrooms, 2 full baths, LR, DR, eat in kitchen, formal entry, more closets and cabinets than I have things to put in them, a 8'x40' covered deck and other nice uncovered outdoor spaces plus a storage shed and covered parking. My rent includes access to a clubhouse with a heated pool, fitness center, 2 hot tubs, a library, game room, laundry facilities, BBQs, and a dog park. I own my home free and clear. Compare that to my previous home, a $1500/month 600sf detached rental house in Sacramento CA with numerous code violations like a leaking roof, rusty water from all faucets, raw toilet sewage overflowing into the back yard, mold, windows that didn't lock, a crumbling foundation and an open parking space under a tree where turkeys roosted and pooped all over my car to the point that I had to wash my car every time I went anywhere. I was forced to move while that house was renovated. After renovations, that house rents for $3k+/month. I feel like I currently have the best housing deal in my life. I paid just over $50K for my mobile home and have put approximately $60k into renovations. It's beautiful and comfortable. I have more stability than I've ever had anywhere else in CA. You couldn't buy a comparable stick built home anywhere in CA for what I pay. Stick built homes, being more expensive, have a larger mortgage with higher interest expenses, higher property taxes and higher insurance costs. When you factor in the higher costs associated with stick built homes, my land lease cost is way less per month than the out of pocket expenses owners of a comparable traditional home would pay. What outsiders don't realize is the context for housing costs in CA. Think about NYC with outrageous rents for tiny awkward spaces and you start to understand the CA housing market. When you understand the market, you appreciate the housing choice the couple in this video made for their beautiful space right next to the beach!!!

The land lease amount not being locked in is crazy cause you don’t have fixed about but it is nice for Cali

If the land lease goes up 3% per year that’s not good for them but great for the owners. Think about it 3% times 10 years means a 30% increase every 10 years which means in 30 years it goes up to 90% about $6,000 per month at that time versus having a stable mortgage payment over time while other costs increase.

rip off, I lived 10 minutes up the road in Costa Mesa and was paying $1400/month for a 1 bedroom apartment. It was walking distance from the Back Bay too. OK, so this is by the beach, perhaps $3K would be the max it is worth, this is an extremely inflated price even for Laguna Beach.

Wow they can buy so much somewhere else for 5k a month but they are also where they want to be and found a way to stay there so sometimes you cant put a price on that

Beautiful home! Love the styling, the backyard and the location. The land lease is what deters me from buying something similar 😢. Where are the communities where you can own your land outright?!

Absolutely STUNNING! I could k*ll for exactly THAT as it is. LOVE IT! LUCKY COUPLE! Durban🌞🌍🦈South Africa

I love the backyard!

It’s definitely a mind blowing expense. However, I would be so happy if I lived there too. Such a beautiful property

Nice set up and pad / thought Matt Damon got a vacation home in Oc 😂

The land rent is ridiculous though. I don’t get it! Mortgage payment for the trailer than a larger 2nd payment for the land. They’re probably paying upwards of $7k per month. Not a good investment in my opinion. Happy it works for them.

Hoa/land lease just negates home ownership. I was forced because being single i cant afford the standard house and 290 an mos is manageable for a condo. But even for me when im old and retired i might be paying 1000 a most for an hoa. But land lease is basically them paying rent (high rent) for life….and the mobile will not go up so essentially down.

Yeah indeed. I’ve from HB & grew up there until 1988 and that price is actually low for Laguna, as she stared. Beautifully & thoughtfully decorated I love it 🤍. Laguna is definitely my favorite

I consider up to 1000 for land for a trailer to be like reasonable and I could see it if it was like up to 2K in a more desirable area even like 2500 but 4K for some dirt are you serious?

How do you take out home equity loan against your trailer. I owed my mobile home out right but need some work? Thanks

Omg this is really an awful deal guys. You could find a very nice locations elsewhere and paying for your HOUSE there much less!!

The scary part of owning a trailer is the owner can sell the property

Why would someone have to explain living in a trailor, regardless of area.... it's your choice! Some folks are real snobs.

Its alot of money. Worst part is that you won't end up buying the land. The land owner is extremely happy. I personally wouldn't be doing that. F-that. And they considered this "cheap".

So Awesome! I’m jealous!

I love living in an exploding land lease that compounds yearly so when I retire I’ll be homeless

The Land Lease is crazy.

They lived on a boat to save money. To spend it all on $5,300 a month to rent a space that will never be theirs and finance a trailer that will depreciate like a car. They need to fire their financial adviser.

They must really love the beach. Sheesh.

This seems crazy. On what planet do you spend an extra $150k on renovations when the land could be sold out from under you?

Gorgeous home! Love it. ❤

Should’ve just bought next to water. Plenty of places states that have beaches.

Calling this a "trailer" breaks the stereotype of what a trailer home is in America

These people are financially irresponsible and are not building any equity whatsoever. The price of the land will continue to increase and there will come a time when that land is repurposed. What a wildly unsustainable way to live.

its a beautiful home, in a beautiful area, right across from the beach. Who cares what others think

Imagine how much the land owner is making off of others like them.

The land lease is crazy there better off buying a real house or buying there own lot because there getting taken to the cleaners on land fees also most the time these trailers don’t appreciate

Wow. Your place is beautiful.

Beautiful home and backyard, i definitely get the appeal! But that land lease kills it for me.