Welcome back,
What is the value of any item or property?
The answer is exactly:
- what a buyer is willing to pay for the mobile home with cash, payment, and/or trade.
- whatever the market will pay for the mobile home during that time frame.
This is probably not the vague answer you were looking for however this is good news for you, the buyers, and the sellers.
In this video we will discuss how to breakdown the formula I use to price some of my manufactured homes. Enjoy!
Part 1:
Part 2:
Bullets to consider:
- Do not undervalue the inexpensive mobile home you just bought.
- Make your Move-In Fees and monthly payments realistic and fair for your tenant-buyers. Base them on your local market mobile home review and the as-is condition of the home you are selling.
- The future is bright and ours for the taking!
If you have any mobile home specific questions please do not hesitate to reach out and get them answered.
Love what you do daily,
John Fedro
support@mobilehomeinvesting.net
Related Determining the Value of Your Manufactured Home videos:
5 Responses
John,
This is exactly the kind of information I needed. I have been looking through all your posts for the past few years. All I can say is wow and thank you. This is real content right here!!
Sincerely,
Robin G
THANK YOU!
THANK YOU!
THANK YOU!
John, How do you advertise the price and terms when you are reselling your MHs?
An excellent post John. I think your calculations in determining the value is spot on and fair. Great content.