Available affordable housing is one of the hot topics of the real estate market today. At this point do you think that mobile homes are a good investment?
In today’s episode of Passive Wealth Show, Bill Fairman, Wendy Sweet, and Jonathan Davis of Carolina Capital Management will answer the “Ugly Question” of the day:
“Are Mobile Homes a Good Investment?”
Timestamps: 0:01 - In today’s market are mobile homes a good investment? 0:38 - Introduction 1:13 - https://www.carolinahardmoney.com 1:43 - Long-Term loan program 3:44 - Breaking News 4:04 - Unemployment Numbers Are Going Down 5:12 - Crazy Gas Situation 6:23 - April Housing Starts 8:07 - Lumber Prices Are Going Down Again 8:17 - Quest Trust - Trillion Dollar Investment Mixers (May 25th at 6:30pm CT - https://us02web.zoom.us/u/kb7SciOHFV 10:15 - Ugly Question: “Are Mobile Homes a Good Investment?” 10:38 - Difference between mobile homes on land and in parks. 12:11 - Stromberg Capital 13:32 - Newly bought mobile homes by Wendy & Bill 15:03 - Modular Homes 17:36 - Is there a loan product with no seasoning requirement for a mobile home on a permanent foundation on some land? 18:31 - Mobile home parks and government assistance 20:36 - Mobile homeowners not renters. 21:55 - When you are in control of the mobile home parks. 22:38 - Short-term vacation rental 23:26 - The Conclusion.
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
