What are the pros and cons of renting a manufactured home?
As an owner of a manufactured home, you can either rent it out or sell. Sometimes the market value of selling a home is not that high. If you can afford to keep it, why not rent it out. The prices of rental homes are at an all-time high. You will certainly get more than your mortgage, taxes, and insurances are, and you can write it off too. However, you have to make sure you are getting a good tenant that won’t destroy it and will pay every month too.
What about as a renter?
No matter if you decide to rent, or rent to own, a manufactured home is a great option. There is a huge movement towards manufactured housing communities. It is no longer thought of as, trailer park living. They have become more sophisticated family communities, … Read More