" I finally got my head together but my body fell apart " is sooooo true ! I hope everything works out for you ! 🙏

"We ended up losing our patio table a week ago. We don't know what happened." Hint: Same reason you keep your grill chained to the concrete.

We purchased a manufactured home with an acre and a half in a rural community. Homes today are built so close to one another and we didnt want to live like that. On the plus slide, the land will appreciate!

You know at first I was about to skip over this video because I was like oh boy this old man is off his rocker, he can’t stay on topic and he is rambling. Then I actually watched the whole video and I’m thankful I did because you brought up a lot of great points. Thank you for your wisdom.

1st park ive seen so nicely laid out & with a garage. Very very nice.

I’ve seen mobile homes in MD for $150,000 plus and you still have to pay land rent. Might as well buy a house here for that price. It’s crazy.

I bought a mobile and lived in it 4 years. I loved it and could have lived there for the rest of my life. I had a heart attack. SSI kept putting me on hold because I was still having attacks and they wanted to see if I was going to live or die. If I died they would not have to pay anything. I spent all savings during the six or eight months I was in and out of the hospital. I got behind on space rent. I listed the mobile and received 19 firm offers. The Park owner would not give any of the buyers a lease. They did the required year of back rent due, and then I got a notice that I had to payup or move the trailer. I simply had to walk away. If your buy one of these, buy lot and put it on your own property. Park owners are monsters who will steal everything they can get.

This got to be the best mobile home park I ever seen in my entire life.

I really like how the siding goes all the way down instead of having ugly skirting. It makes it look more like a real house.

These places should be designed for all retirees as a final journey place downsized and ready to rock

He chained his grill down so Ricky and Bubbles couldn't steal it.

In a park yes they depreciate, on private land they will become what is called real property.

We bought our 2016 mobile home in a 55+ park (Llano Grande RV and MH Resort) in tropical deep south Texas. We are within 50 minute drive to the Gulf of Mexico. We pay $480/month lot rent that includes Wifi, cable, 24 hour gated security, 3 pools and hot tubs, tennis courts, pickle ball courts, dog parks, rec center, pool hall, craft room and more. It can be a great option for older adults. It depends on where in the country you live.

I’m so sick and tired of paying so much rent for a shoe box. I cannot afford to buy a house right now so I’ve been doing some research on mobile homes. I want to definitely rent first and then see if I want to purchase one day.

Mobile homes are great, it’s the park that’s the issue. Park has home owners by the short hair. You can never be free of their mandates or space rent.

That park is beautiful and very well kept! Thank you for sharing!

Hi I’m 46 and I just purchased a beautiful three bedroom room two bathrooms and two big decks on my home. I love it. It’s only me and my young 19 year old. The park we live in is beautiful swimming pool and everything I have a nice lake where the ducks play and in the summer you can fish in. I love it. My lot rent is 690 a month and it’s awesome it’s quiet clean and beautiful.

I live in California, near the Silicon Valley.... super expensive housing. Mobil homes are the only thing here that I could afford and they can appreciate because there is a shortage of housing. I find family parks are not kept up nicely, but senior parks are wonderful. Clean and well kept. Out of many parks only two of them have it arranged for the mobile home owners to own the land. So.... with a lot of looking, its possible to find a low enough space rent. There are bank loans that WILL finance if the age of the "manufactured home" is not from 1970 or before. So.... if it's a fairly new "manufactured" home... You can get financing if necessary. I'm willing to buy an older one with cash, if I plan to retire here.

Thank You, My Husband And I Were Planning For Mobil Home Living, We Are In Our 60's We May Rethink This... Too Old To Mess Up Now....

My parents sold their home in Baltimore city and bought a manufactured home on a basement with ownership 2 acres of land in West Virginia. They are very happy. Privacy and independence. I think the water piping your talking about is PEX systems. The special tools are expensive, Lowe’s has them. I hope everything works out for you.

If you don't want to eat the depreciation, just buy a new-enough used mobile home that has already depreciated. Problem solved. You've just turned that downside into an upside. You bought a lot of house for cheap. It should still be in excellent condition. Buy your own land. Do not rent lot space in a mobile home village. If you want to sell at a later time, you haven't really lost anything, because it hasn't really cost much in the first place. Your property should still be worth money and the home may very well make the property worth more than just a vacant lot. You won't get site-built home resale value out of it, but you didn't pay site-built prices either. Pick your poison. Most people don't have any assets larger than their home, which they may not even own if they're stuck in a mortgage. Live within your means and always try to come ahead with your income outpacing your expenses. Live with your parents if you're on good terms and help them out around the house so they won't want to kick you out early. Wait a little longer and pay cash instead of borrowing money wherever possible. Here's some advice targeted for the guys, masturbation is cheaper than marriage. Settling down with a woman and starting a family with a newly-mortgaged home is an express lane to sinking your future financial success. The larger home, the larger meals, the after-school programs, additional vehicles, etc. combined with the interest and principle payments of your house will leave you living paycheck to paycheck all the way up to the divorce. And that's when the real financial carnage begins. Learn from others' mistakes, gentlemen. Once you're debt-free, you have now freed up your income to go to work for you. I recommend learning about sector rotation and investing in sector ETFs and mutual funds as this will spread your money out among many different companies. For example, in the event that Petco goes bankrupt, you'll also have stock in Petsmart who will swallow up the remaining market share left behind by Petco. Thus, even when one of your companies falls, your others buffer the loss. But events can also occur that affect an entire market segment. Do not only invest in large cap companies, for example. You want to have some of everything and mutual funds and ETFs are very good at giving you a small sliver of a little bit of everything. Don't try to time the market or bet on only one horse and you can eventually earn more money passively from your investments portfolio than you used to make from your day job. This is where cheap living comes into play. Not having a large mortgage hanging around your neck for 30 years will allow you to start this process sooner, allowing the TVM (Time Value of Money) to work its crazy magic. Spend a little less time watching cat videos and a little more time watching Monkeynomics 101. Thanks to the internet, you can teach yourself any skill you want to learn almost for free at the expense of your personal time. Best of luck to you all.

Bought our 1984 mobile home in 2006 and on it own land. Paid 23,000, fixed it up for about 5,000. Has been paid for several years. Have a large shed and carport. It's nice and we can relax and enjoy our retirement.

I was 13 when we moved from a 3 bedroom brick each home in Virginia and into a 14x70 3 bedroom mobile home in Michigan . It was new. My Mom decided to move it but. Before she moved it to a nother area she paid for a little basement to be made for it. So you can have a basement with a mobile home but maybe not on a park It would depend on park rules.

There's pros and cons everywhere no matter what it is... a house, a MH or a rental. And I've been in all three. But looking at your place it's a lot than some other MH's I've seen. Overall it looks pretty nice and quiet. For $27K people would k!ll to have that compared to what everything cost now as opposed to 4 years ago when this was uploaded.

I have lived in mobile homes for the past 30+ years and have always thought the state should REQUIRE the land owners to have a tornado shelter if they are considering themselves as a mobile home park!

As a 67 year old who has a raised ranch with washer/dryer in the basement and half acre that is getting harder to take care of, I was seriously thinking about selling and getting a mobile home in one of the 55+ communities in this area. However, the used ones are 90-120,000 and lot rent is between 400-800 dollars. After hearing your experience, I will have to look at other options.

I have a single wide on my own 5 1/2 acres of beautiful land. It sits alongside a small creek down in a valley. I can’t do parks lol.

Yeah, gotta pay cash and own the land, or its not worth it.

The park looks very nice and clean. I'm not sure if they have anything like that here in Georgia unless it's for seniors. I think it's best to own the land. Thank you for sharing this information!

We lived in Appleton for 7 years and I was itching to get back to Florida so I took an early buyout and used that money to buy a modular. Paid 54k and 600 a month lot fees. We were there 11years. Maintenance was beyond outrageous. Then came eminent domain and the quest to move and upon inspection we learned we had extensive termite damage on the underside of the home so on top of paying over 10k to move it-yes that number is correct we would have to put another 8k in reinforcing and replacing the base of the home. We got someone to take it off our hands for less than 20% of our purchase price. Would I do it again? Absolutely not. Wish this video was out in 2005!

I installed my own furnace in my home for $750 about 4 years ago. Goodman 93% efficiency. I work part time for a heating/ AC company.

Thanks for the video and your take on a mobile home ownership. Having purchased a mobile home back in 1976 as our first home, at the time it was the best decision that could be made. Interest rates were in the double digits and everyone wanted a big down payment. I was glad to get my younger brother to take over the loan as I went back into the US Army. My younger brother was able to use the trailer house as a down payment for a real house. I do not suggest anyone get a trailer house as you are stuck with paying the owner of the land for parking it on a property. They can raise the rent on the property every year. With the interest rates as low as they are these days, buy a house! ;-)

I loved our actual manufactured home, but would not prefer another park situation. We had to submit a WRITTEN plan to be approved for ANY yardwork/planting. If our grass got more than 3 inches tall we got a written warning to mow. It was HELL.

Listening to you talk reminded me of my father,. I mean that in a good way. R.I.P. dad and mom

Nice setup. Personally, if I lived there, I'd probably stay put. Because if you move, you're just trading one set of problems for another set of problems.

IM THINKING OF LEAVING MY HOUSE TO GO LIVE AT THAT TRAILER PARK

Thanks for sharing.. hope you are successful in your desire to be closer to your family..I learned much... God bless.

I bought my mobile home used for $10k, bought a half acre lot for $11k, had the home moved and installed on my lot for $8k, had a well installed for $7k, septic tank cost $3k to install. My only utility is electric as my home is all electric which there was no charge to hook up, I had a solar array installed in my backyard which cost $20k. I paid cash for it all so my only bills are property tax $1800 a year, trash and recycling $400 a year, septic pumping $200 a year (it has to be pumped out annually because there is no drain field) and electric service fee $10 a month. My solar array produces all of my electricity year round and I get 1 for 1 net metering. I heat with a wood stove primarily and use my central heat pump as secondary heat.

I live in Texas, I own 3 lots (70 ft wide X 219 ft deep ea) w/doublewide manufactured home - paid for - wrapped around covered porch 10' x 50' - 18' x 26' carport - 12' x 24' storage building. Taxes $500/year. I'm retired and planning stay.

It all comes down to buying your own land 1/2 to 1 acre and negotiating a good deal on a newer mobile home and having it moved. Ideal way is to find land that has a mobile on it that needs to be torn out but the utilities are still in place.

I never knew you had to have cash for a used mobile. Never knew you had to leave them in a storm! Glad I heard your video. I’m 63 and was wanting to get a used one but I don’t want to have to leave every time a big storm comes…. Thanks for the video you saved me with the information!!! Will look for an older wood built home. Least I don’t have to leave when the big storms come!

Nice place 👍 Embrace the tree roots, they add character and give a natural look. Not so high that they will trip you and not ruining pipes or foundation. I think they look neat.

It costs alot to move them. Mobile.home parks know that so they keep raising lot rent & if park sales they raise lot rent even more.

Thanks for the information. I learned a lot. I always wondered about mobile homes and how the system worked. You did a great job. Liked listening to you.

Just watched your video that you made two years ago and find myself wondering if you finally sold it and how your move went to be closer to your grandkids. Was it all that you planned on? Are you living close to them now? Blessings to you, and please send your prayers our toward our way here in CA 😊

Dont give up mister you are never to old to make a move and yes life can be hell, but there is always tomorrow. I lived in my mothers old moble home for five years. I had to move back to my home town of Aiken, South Carolina when she died, so I could finish paying off her Mobil home, she had a fifteen year mortgage and I was her co-signer so when she died the bill became my problem. I literally hate mobile homes for a lot of the reasons you mentioned in your video., nevertheless I paid it off last December and I bought a old two bed room mill house in January 2019 in Graniteville, SC. I am 54 years old and if I can do it, anybody can do it. This is the best decision I've made in years. I love the house and I look forward to many more years here. I actually sold the mobile home to the mobile home park owners which really worked out good for me. I have a small mortgage on the house, its under 300 dollars a mouth with the electric, gas, garbage and water I'm still able to save money for early retirement.. I wish you and your family all the best.😁

Those are top roots and they will keep moving up if you cover with dirt. Either cut them down, have the roots ground down or cut the tree down.

stunning area. Wish there were more variety of plants and trees, but the park is stunning. Thank you for sharing.

Your house is great! I would love to live there. Your lot rent is also reasonable. The garage is a great bonus! I live in a brick house with no basement so not shelter for tornadoes. In the Texas we do not have basements due to we are not high enough from sea level. I agree this is a great choice for us in our older years.

I am 60 years old and have been renting all my life. I kept saving for a deposit for a house but always something happened, I got sick, the car broke down , lost my job etc had to use my savings for that . A mobile home on a residential site is my last option

Like your video. I built my house in my 30’s of age. I never been a follower...Which is why I never wanted to live like the average joe paying rent or a mortgage for thirty years. I’m in my 40’s now and want to leave my city in the state of Texas. Was thinking about buying a mobile home but thanks to your video, I’m thinking rather just building a small ...small ... studio for me and my wife cause my sons are grown up and we are looking to move outside the city limits. Watch my testimony of I had with JESUS CHRIST.

I would never want to be in a situation where someone controls me, whether a home owner association or paying rent for land to put a manufactured home on... My house burned down in 2015 and because I owned the 1.1 acres having a newer septic system and well decided to purchase a trailer... 14' X 70' three bedroom, two bath built in 2000 for $11,000.. paid $1,500 to move it and set it up... I love living in this arrangement... $800 year in property taxes, $800/YR to heat it.. Average electric bill the last 12 months is $42.42/month with insurance my monthly expense is $200... Just retired earlier this year and because of my low expenses was able to spend 2 1/2 months in SE Asia enjoying the sunny warm beach and delicious food.. life is good...thanks for the video

I am thinking about buying a mobile on over an acre of land.. thanks for the video. You have a well kept home.

I like the addition you have on the back. Looks very nice 😊

Thanks for the help I will purchase a home...I like the upgrades in the mobile home but I will leave the headache of owning one behind.. I pray you will move closer to your grandkids be blessed

Unless you own the property you will never be done paying for it!

Hi I’m in my 60s living in northern England And it looks like you have got everything Together just fine I guess that a lot of people would like to live In a home like that , I shall probably be thinking of buying a Mobile home 🏡 in a few years Good video 👍🏼🇬🇧

Thanks for sharing I didn't have a clue. Your voice is so calming and thank you again. New subscriber

When I retired we had the house and eight acres paid off ,my truck paid off ,was still paying on her car,we do pretty good you really have to watch things, thank you hope it works out.

I live in Oregon. I've seen some adds for some older mobile from the 1980s in parks and there asking 25.000 to 70.000 dollar depending on size and year. Some are in the 1990s.

I have a mobile home that I bought in 2011; it’s 40 years old and I’ve made a lot of improvements to it since then. I love my home! It’s located in an adult park, and the rules are strict about the upkeep of your yard and appearance of your home. This park is considered the number one park in this area, and as soon as a mobile is put up for sale, it’s quickly sold. There is a waiting list of hopeful buyers. So everything I do to improve my mobile increases it’s value; you wouldn’t believe what they sell for here! But I would tell any prospective buyers to keep in mind that as mobile homes age, things wear out and need replaced. You might think this is an obvious thing, but mobile homes are not always built with high quality materials (at least the older ones; I don’t know about newer models). For instance, one thing I had to do was replace the pipes under the house after about the 4th time a pipe broke. They didn’t break because of freezing, they broke because they were worn out. But, even though it was expensive to hire a plumber and have all that pipe replaced, it increased the value of my home. If I could give just one piece of advice, it would be to make darn sure you have insurance!! One pipe that did not get replaced is the one that goes up to the cold water faucet in the bathtub (there’s actually 2; one goes to the hot and one to the cold), and it recently broke and soaked the floors in the bathroom, dining room and kitchen. Thank God for insurance!! My new floors are gorgeous, and again, the value increased some more because of all the improvements that went into it all. All that to say that sometimes it’s totally worth it to buy a mobile home, depending on where it’s located. In this park, because everything and every home is well maintained, they are almost always sold at a profit. And since the owner tries to keep costs down since all the tenants are over 55, and on Social Security and/or retirement income, he keeps the rent as low as he can. For $290/month, he includes water, sewer and garbage, and a maintenance guy who is there to help you if you need it. It’s cheap living if you own your home outright!!

You can get a nice 2/2 (14'x60')mobile home used for 10k

Got mine to for 10k cash and paying 140 lot rent monthly. It'll do while I save for my forever home.

A very sobering look at mobile homes. Thanks for the video! We were thinking of selling our home for a mobile, now second thoughts after seeing this. By the way, you made me feel very nostalgic, I'm in San Diego now, but I grew up in Fond du Lac. Regards...

P.S You covered all things thank you. You can install water filters on your showers and sinks for a reasonable price. All the best .

I watched the whole thing. Thank u for your wise tips, James. Greetings.

would you recommend a mobile home over renting an apartment, if the mobile home is cheaper than apartment rent?

I live in a residential neighborhood. Had two patio chairs stolen from my front porch. Stuff like that happens no matter where you live. Now I have a lonely, rusting folding chair in the front, and a big dog in the backyard. My neighborhood was really nice in the 60's, but is in decline now, drug dealers on two corners 🙁

You did a really nice job on this video. I learned a lot and will take much of your advice to heart.

BEST IDEA EVER, my home bills went from $4,200 a month down to $1,900 per month, takes a little time to get use to it, but every 30 days i dont stress one bit LMAO

Thank you for posting this wonderful video and for giving me your honest opinion about mobile homes.

It is great if you own the land or are in a resident owned community. Do not get involved with big companies that buy these communities because rent increases become unreasonable. In new England you can have manufactured homes appreciate. Demand for one level living and retirement living is high

Just a thought.....maybe you should change the locks on your house and lock all outside items in the garage for the time being? Best of luck on the sale of your home. Always, best wishes to you!

Nice place you have James. I hope everything works out for you and your wife. Good video! 👍

Thank you. We were close to purchasing a mobil home in Montclair California. Mobil home price was 155k then dropped to 150k. Home was well taken care of. Loved it. Fire place huge master bedroom bathroom with jacuzzi tub. 2 living rooms 3 bedrooms 2 bath. Well taken care of. But the down payment 23k. Space rent and utilities $680 a month. So we were looking at a ballpark of 2k a month.. That's alota mula. . Or I can buy a house about an hour away and commute everyday and chance wild fires and weather and accidents and traffic going to Vegas on the weekends going home from work or to work. But the homes there go from anywhere from 190k to 300k. And the payment would be around 2000 or less. Hard decisions to make if we want to stay in the local area.

Hi James I live in California and I’m thinking about moving out of state and buying myself a mobile home in the next two years or so your video gave me a lot to think about I’m not in a rush but I’m looking I really love your mobile home it’s nice but good lord I didn’t realize all the stuff you have to do Thank you for helping with all the info it’s really appreciated.

Financing is available through lenders for manufactured homes, such as the one we used, Georgia Banking Company, in Georgia. We got insurance through Foremost, which is a subsidiary of Farmers. I don't prefer to call these homes "trailers" or mobile homes, but manufactured homes, as that is what they are. Ours was built in 1985 and is a solid home, with 1,352 square feet of space. We bought it for $30,000 and have made many improvements. I am quite certain that right now it would sell for closer to $50,000 based on sales nearby of similar homes. We are in our mid-sixties and plan on staying here.

Yes I would like to correct you on one point you was talkin about that is called your place a modular, it is not a modular it is a single wide it is what they call a manufactured home there's a big difference between manufactured and modular manufactured consent on blocks or be put on a foundation, where a modular has to be put on the foundation and yours is a single-wide manufactured home...

Thanks for sharing so-o-o much information! You make a lot of good points. We are moving in that direction....particularly for the ONE grandchild.

i have a nice mobile home with a garage and the land lady wants me to buy it and best part here is i will also own the land. just came here to hear what others had to say about buying one. thank you for the video.

I purchased a series of mobile homes in North Florida (and live in one). The land belongs to the owner of the mobile home. I rented several for years and as I am putting on years, I began selling some. If anyone here is interested, I just put a very large 3/2 on the market. It's got 1400 square feet,two covered porches, a carport, new floors, new plumbing throughout and lots of features. No lot rent. A beautiful state park down the road, a golf course a mile away, and the main town 5 miles away with Walmart and the usual American fast food places, etc.

Thank you for the video. Really appreciate it.

Thanks for sharing your experiences. We really appreciate it.

You in an ideal park that is very well kept up. Sadly there are thieves everywhere, they see items that they can steal, and they would scrap it or sell it on Ebay or something else. Nowadays, companies are doing there best to make it difficult to sell stolen items from marketing invisible identification on there products. Anyways, modern technology is improving and trying there best to catch the thieves. I tip my hat to companies who are on your side. I thank you.

In 1975 my dad bought a trailer park. 81 lots each lot about 1 ac. Lot rent was $30.00 a month. Trash pick up and water was included. When we got there, the place was a dump. We cleaned up the place. Had the roads paved, installed a new water system. Cleared off places and made a play ground, installed playground equipment. Kept the office area opened 24/7 that meant people could pop in and pay there rent or bitch and complain when ever they felt like it. We did not let allow trailers older than 10 yrs old into the park. Animals were allowed ONLY if they were kept on who's ever was renting the property. They were Not allowed to roam free OR bark and cause problems. You had the option of cutting your own grass OR I got to do it for $ 3.00. Witch most of the time they would not pay. At Christmas time we held Huge parties and gave away food baskets for some of the needy. We had bought sporting gear, mainly baseball equipment and most Saturdays got everyone together to play ball. Once or twice a year we had bands to come out and play. We asked everyone to come out and bring a dish. And most of the time we furnished the BBQ. The only thing we could not get was cable TV. Back then there was No small dish, did not exist back then. But we could get 3 TV stations, perhaps a few more If you had a outside TV antenna. We stayed there almost 5 yrs. And we were considered one, if not the best trailer park in town. and when we left the lot rent was $32.50 a month. We did accomplish a lot and we worked our asses off. For my family It was a living Hell. You would not believe some of the stories I could tell. Even if I could get $500 a month per lot, given a choice I would Not go back to that life. About the only good thing during this time was, you could find some decent music on the radio.

Young people. I wanna point out that if your objective is to make money selling property then YES manufactured homes for depreciate and are not good investments. However, if your objective is to live in the home, then it's a fantastic investment because this is not about money, directly, but about your labor, which turns into money. You can buy and develop a lot of land for 50k, and drop a trailer on it that you can have paid off in 2-3 years. This means, for instance, you can stay home for 2 yrs after high school, work 2 jobs for 2 years and then buy a parcel of land, develop it, put 20k down on a 50k trailer and pay it off in 2 and half yrs, and that is only because they will prevent you from dropping more than 10k a yr into payments, due to fixed mortgages. This means that with nothing more than a high school diploma and a job at McDonald's, you can own your own home, have no utilities (septic,well,solar) on your own land by the time you are 23. Meaning you have a grand total of maybe 200$ a month that you need for the rest of your life to pay for in trailer insurance and property tax. And that means, ALL of your labor going forward in life is yours. Labor equals money. By 30 you should be able to outright buy a half a million dollar home, working at Mickey D's......this is because you used your money on yourself rather than paying rent or getting locked into massive interest over the course of a 40 yr mortgage.

You got a nice place. Our mobile home it on 49 acres and it will not lose value,, but the being out in the boonies has an entire different set of maintenance challenges.

James I love your info. I have been eyeing a used mobile but it's a co-owner setup so you actually own your land. It has age restrictions so that works for me being in my 60's. It's in British Columbia so not much worry about tornadoes, and a few blocks up the hill from the ocean, which I love! I hope it works out for me. Good like with your re-location!

I live in an older mobile home love it for me it's lot rent is cheaper then renting and as for the home it's easy to keep up for me. I am saving to buy land and get a newer home on my own land.

That's a good point you make on the basement tip. I know when staging an area for combat that same thing is considered, and if possible you want to remove any heavy overhead structure (especially in elevated positions where shots fired from the ground are likely to hit the ceiling of the room you're in), or maybe just move to a more ideal building without a big reinforced load-bearing roof that will likely end up crashing down onto you or trapping you if it collapses. Here's something I heard to remember about Tornados that Is very a "common sense" tip, but still good to remember: If you see a Tornado and are trying to gauge it's path, if it does not appear to be moving, but it does appear to be getting larger, it is coming directly towards you and vice versus (if it appears to be shrinking but not moving laterally, it's moving directly away). It's silly though how people seem to consider the tornado issue regarding mobile homes. It's almost like people have this idea that somehow trailer parks magically attract tornadoes, as if by living in one you're more likely to be in ones path in the first place..

how much is the lot rent? you have a very nice home, let us know what the lot rent is someone would purchase it.

James, were you able to sell your home? What was the final sale price. Thanks for sharing.

I bought a 14x70 when I got outa the military in 1972, at age 24. (sold it when I went back in the military) I'm seriously thinking of selling my current house (1600sf, 4 br, 3 bath, 2 story, etc etc) and getting a manufactured home on my lot in Fla. I'm old, disabled, and just cant do the maint any more. when I pass, the kids will have a nice vacation home.

We downsized from a 5000 SqFt house. We now have about a 2000 sgft Mobile home. The house with 2 acres payment is less than my truck payment. We have a 450 sgft "florida room" going on next month. All glass. It's what you make it. Plus my electric bill was 82 BUCKS LAST Month. Not bad.

I think the flaw here was buying a used home on rental property. In a perfect world you want to buy a brand new home built to your specifications with quality materials. Second, you want to own the land the house is on. If you do that you'll be fine..

Hi James thanks so much for your vid it very helpful. My Mom is 70 yrs old & is buying a trailer despite us trying to talk her out of it! I think hers cost same as yours. Yet apts suck & I know mobile home can be more attractive. With housing costs so high & rent, its a good option for many. Thanks sir please film more vids you are very good at explaining😎🍁

If you go into a purchase understanding that you will lose value - it’s not a problem. People will buy a vehicle for 40k and be perfectly ok with it losing almost most of its value over 10 years but not a mobile home? So someone will say but you get use out of the car....living in the mobile home is use. Example if you bought the home for 70k and sold it for 30k in 10 years - the value was it only cost about 350 a month to live there. But knowing that is half the battle - thinking you will get more and then realizing at sale time you won’t - that can be devastating (assuming you don’t own the land)

Basements can be done. My spouse just asked and it would be roughly $60,000 add on cost. We think the high price tag might be due to the incredibly hard ground in the state I live in. They do finance, for new, and land needs to be purchased, they do a construction loan to include all the parts of building. A modular is a good option if you have land and can put the modular in, save for a few years and then when enough money has been saved, build the sticks and bricks of your dreams. You can the. Have the modular for guests, or for friends or family that you want close to you.

My friend bought one for $112,000.00 in 2014.....put on market last week for $165,000.00 ...sold that same day for asking price....

Nice we paid cash for ours we pay $135 lot rent comes with water & septic we pay electric & gas & trash total cost each month $315 -350 works mobile home older but in very good shape it works not looking for value just a nice home that’s what we have. Many people rent their mobile homes. We’re in NM weather good maybe a snow dusting no bad storms blessed!