Posted on 02/11/2017 10:40:46 PM PST by 2ndDivisionVet
Nope. We sprinkled some seeds on the ground, added water and fertilizer and grew our home naturally, the way God intended.
It seems like to me converting a shipping container would be more durable. Not as mobile however.
They have the tiny house show on TV but not sure how many are actually built. They seem very expensive and I wonder how water tight they are after a few trips. The bus conversions seem to be more reasonable and water tight. An old camper trailer, like some here have purchased, seem to be a much better buy. Buy one for less than $5,000 and put the $40,000 to $95,000 you save in the bank. You’ll be a lot better off in 5 years.
When Hubby and I first got married we bought a mobile home in a park. All we could afford. 4 years later I figured out that for $100 more per month we could buy a real home that was more of an investment. The 4 years we were in the park the space rent just kept going up.
We rented out the mobile home to a nice older couple that stayed in it 5 years. We weren’t really making any money on nit. They moved and while we were getting it ready to rent again junkies broke in, left a candle burning, and burned it to the ground. We took the insurance and ran.
Marina Park in Ventura is right by the ocean. They’re not quite that expensive. lol I was just recently telling hubby we should sell our huge house and buy a mobile there. I’d be perfectly happy there.
I do. Small, but comfortable and affordable, on my own land. Bought it ten years ago, and I’ve since gotten a better job and doing okay- but I just don’t see any reason to move out of it (and moving my workshop would be a nightmare).
Just make sure it’s on a masonry foundation with support piers in the crawlspace, with tiedown straps for protection in high wind. If it doesn’t have a good foundation with tiedowns they’ll roll or go airborne pretty easily in a downburst or heavy straight line wind. You want a pitched roof, too, otherwise you’ll be dealing with leaks eventually. You can find such properties all around the south in more rural areas for a pretty cheap price, but you don’t want one that’s been heavily neglected. If it looks too cheap compared to comparable properties for sale, there’s likely a very good reason.
We started our marriage out in MH park. It was a really nice park with pool and community center. We lived there for a few years then bought our home. For us, it was good experience.
My lovely daughter and SIL bought one, a 10 yr old unit in excellent condition. The main drawback with with them, fire. My wife volunteers for the Red Cross, on night we responded to a family whose mobile home had a small fire. Even thought the damage was confined to the kitchen stove and the rest of the house looked in good condition, the fire marshall condemned it and said it was beyond repair. The fire compromised the unit’s structural integrity.
I paid the tax lien on a property a few weeks ago. For $762 I got an acre of land and a trailer with a permanent structure built on. It’s been abandoned for a while. I can’t yet go inside so I’m not sure if it can be salvaged, but outside actually looks good with very minimal rot. Of course there is a 3 year right of redemption so I can’t rally do anything to the property until then but still a good investment.
If I try to get my husband to get rid of, or even organize his stuff, he gets anxious. He’s probably not a true hoarder; certainly not to the degree one sees on T.V., but we live in a very tiny house, and there’s no place to put everything. Although, I know some people who are so organized, they probably could make sense of it. He’d still have a cow, though. And did I mention we’re both lazy, to boot?
Some old family friends have done very well acquiring properties via purchase of tax lien certificates, but I’ve never paid attention and probably should have. So, if the individual currently holding title pays you for the lien plus interest within the three years, all you get is the interest, correct? If not, then what, you have to foreclose?
That is correct. They can redeem by paying me all taxes plus 12%. At the end of three years I turn in the tax certificate and get the title, but I’m sure I will have to get a lawyer for that. There are some people who do this as an investment hoping the owners redeem. Where else can you get a 12% return? The interest rate is different for each state, though.
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