Buying A Home
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Can you rent a mobile home?
I'm moving back home near our parents and trying to find a cheap solution to renting so I can convince my husband living independently is worth it. Does anyone know if you can rent mobile homes and if so are they cheaper than apartments? On the other hand he also doesn't want a yard, so could I rent a mobile home on a concrete/cement lot? I haven't found much online about it.
Re: Can you rent a mobile home?
DIY & Home Decor Blog
You can absolutely rent a mobile home. In fact, there are real estate investors who specialize in that. Though they typically aren't much cheaper (or cheaper at all), than a comparable sized apartment.
If you aren't already, I'd check Craig's List and/or Postlets. Those are typically the places you will see rental ads. You also might try visiting mobile home parks in your area. Chit chat with some of the neighbors and find out if there are rentals available. Put a housing wanted ad up if there is a bulletin board area anywhere. Some mobile home parks do not allow rentals, but I think most do.
The other nice thing about a mobile home park is those homes typically won't have yards at all. On the other side of the coin, "stand alone" mobile homes are usually on large acreages.
Yes, that is exactly what I meant. A mobile home, that is not in a mobile home park, is typically more out in the country and sits on a 1/2 acre or more of land. At least that is how it is in both Southeast Louisiana and Southeast Mississippi.
As an aside, I'm currently looking to buy an investment rental property and, every once in awhile, I come across a mobile home listing. As an investor, they are kind of tempting because it is a lower entry point than a house, but they still command decent rent. However, because they are a different market than houses and the construction is different, you also have to know what you are doing to invest in them...and I don't, lol.
I belong to a real estate investing (REI) website and there is actually a whole forum about mobile home investing. From what I've picked up, it's a very specialized niche of REI and for the investors who go that route, it is usually the only thing they buy/rent.
And that is where my, albeit limited, knowledge comes from about renting mobile homes.