ANALYZING A MOBILE HOME FLIP | Mobile Home Investing | Real Estate Investing

[@jenniferwinters4379]

I don't blame y'all at all for walking away from that one. It would have been fun to see what you could do with it, but probably not a smart decision. Thanks for sharing the whole breakdown!

[@EricCampbellUAV]

i’ll give you $300 for it

[@paulasmith1033]

I just purchased a mid 60's mobile home that needs work. Came to you just in time to see where to start and how to figure prices. Thank you for being here!

[@livinghoperenovations9353]

Glad I could help!

[@trademoney6733]

Thank man you saved me on not over paying for a fix and flip. Great content.

[@caitlinspivey4475]

Just subscribed! My husband and I just bought a 1986 2 bedroom single wide and are completely remodeling it so yalls channel is so inspiring! ❤️

[@karentrevino1623]

That was very eye opening.I thought you were being very kind in the walk thru ,it’s ashame that is in that bad condition.

[@ScottWalker555]

I just discovered this chanal and I wish it was still rolling. In PDX here - best of luck with the roofing.

[@AberrantArt]

First video I saw if yours and it's great! I love the thorough breakdown and detailed description of your findings and your thoughts. Subscribing in hopes you have more detailed walk through / breakdown videos like this. 🙏

[@valeriewright566]

Just found your channel today, love your videos!

[@brightphoebesays]

The number crunching is important. Spreadsheet sounds good to me. This place is in far worse cond. than the one I'm buying. But I'm not flipping, just want a useful annex on my property. There's hope for me!

[@GiGiWellness28]

Even though you titled this video "Analyzing a mobile home flip", I did not pay attention and just dive right in 😅 Such informative video and I'm so happy that you did not go ahead with this one 👍🏽 I wish you guys can soon have a beautiful home of your own on a budget, so Justine can design it however she wants, without asking the landlord's approval. God bless!

[@livinghoperenovations9353]

Hi Gigi! Yea, it's always hard going to view so many homes and not being able to get to work on one. Meanwhile, we're working on others homes and continuing to grow. Stay tuned!

[@aurora571000]

Totally agree, it’s a NO! I am a numbers nerd and I would actually would like to see the spreadsheet as you do it. I am a buy and hold investor and I prefer the Real Data software than the Bigger Pockets. I have only bought house/duplexes in good shape as I do not have the knowledge and ability to Re-do the house. I figure it’s more months of rent coming in anyway because of not waiting on it to get fixed up.

[@terileschner]

you are right on on this remodel. I do the same and this one would be a huge no go on buying it.

[@lindapearson4193]

Looking at updates for our manufactured home. Your walk though and comments are very helpful.

[@sherryhamper4082]

Smart choice, I agree too much damage and costly repairs. Thank you for the information very informative. Confirmed my thoughtd.

[@maryannkom299]

St Helens Oregon is far from Mt St Helens which is in WASHINGTON state.

[@ChristRosa-s7b]

Lol

[@beeler123]

Yikes

[@juanisgarden5356]

Hello, we just found your channel!! It's amazing, we are learning so much from you guys!!!!

[@TroyboyTv]

Learned a lot. Great vid!

[@mkemp5983]

Thanks! Being able to say no, is important.

[@livinghoperenovations9353]

Absolutely!

[@gardencoopgal1534]

Another great video- thank you for going over the figures involved. I'm about to start working on one that will probably be rental property. Mines not near as rough as this one is, although the siding needs replacing. As always, looking forward to the next video.

[@christinat9029]

Great commentary on this step by step!

[@Bayougem]

Uneven and floors that aren’t solid when you walk on them will cause that laminate and tile floors to break and pop loose. Roll vinyl is best if you can’t replace the subfloors. I like that back door and would. Partition the bedroom off and keep it.

[@Beautysblush1]

Very good evaluation. Do you ever do work in Florida? I'm buying a doublewide that needs some renovation. Nothing as bad as this one. It's just outdated. Needs a roof and possibly new floors and kitchen redo. We are seniors and sure need a good contractor we can trust.

[@carolsolis8189]

We lived in Philomath Oregon when Mt St Helen eruption on May 18, 1980!

[@jamesbrown-xz3hv]

Love to see you break down and speed sheet

[@BigDreamsTinyBudget]

Would have been a great deal if the housing market went up but I dont see that happening. Cant wait to see what you find next!

[@BigDreamsTinyBudget]

Im not flipping. Was great info on how you go about figuring the costs but Im really just here for the before and after transitions LOL

[@livinghoperenovations9353]

I totally get that! Hopefully we'll find a project soon so you can have more before and after's!

[@johnstancliff7328]

I'm having the same problem..... the south side is where the storms seem to hit... the T-111 paneling is failing AGAIN after 6 years of being replaced.... personally, I'd go with the hardy board... a concrete solution that's better then the t-111... the house you are looking at seems to be about the same age as mine, 1993. they did the same thing with my walls and its OK, but not professional... if you take it, good luck, its in livable condition. so you probably won't have to completely remodel the house.... but the outside, what a pain! I hate having to fix t-111 because the problem keeps coming back.... the front bedroom is just like mine with the water heater in the closet!

[@Elnegro19751]

World love to see detailed spreadsheet analysis

[@lisakortright1341]

I would like to see a screen shot of your estimated repairs.. Thank you

[@lesliedenner9969]

I have been left the trailer (free!) on site. Land, well etc... all installed, just very old. My question is you didn't mention heating or a/c ? Is there a heating/cooling solution you would recommend for a 2 bed/1 bath single wide? We are in NNY

[@rrain3375]

Is there enough profit in flipping a trailer home? Just on the resale cost of a trailer it can be risky. One is the park it is located in would be a big factor.

[@JoshuaLatu]

I am thinking of buying a mobile home in Sacramento. I want to see what you guys think about fix and flip VS fix and rent. Also what you both think about equity from mobile homes. Thank you guys for te great content

[@MsFarmer567]

I have a 3-bedroom (small rooms) single on my property and it needs a complete gut throughout, everything new; I turning my home into a rental business, and I’m playing living in it as my retirement house cause it’s smaller, I have a barn, should I start purchasing materials to stay the renovation; please comment back, please

[@MobileHomeGeek]

Great video..what course would you suggest on mobile home flipping?

[@livinghoperenovations9353]

Daniel has some spots available for coaching. Can you shoot us an email?

[@Bayougem]

That’s definitely not 40000 $ home here in Louisiana, not sure 5 wouldn’t be too much. Invest in a 400$ paint sprayer and do the ceilings first then stay with a bright light color and spray the whole house. And if you do the outside first, paint and add some shutters on front windows. You’re going to save thousands on painting by doing it yourself.

[@AberrantArt]

I love analytical and boring. So count me in on a spreadsheet break down! 👍🏻

[@Bayougem]

Run, Forrest, Run!

[@xomarahdickison7567]

Carpetrey is not a word. I see you like it but you can say flooring instead or just carpet.

[@califwillie4247bd]

That project looks like I would take a pass on that one. The plumbing, sub flooring, mold and rot is a major problem and major money. Mold alone has to be specially handled. Lots of siding rot is bad news.....

[@AberrantArt]

Do you ever sell these and provide the financing to the buyer? Or just sell for cash only?

[@wendymathews1030]

Wow, that’s a rough one, to say the least! The gold bathtub......🤦‍♀️ I hope the seller isn’t set on getting his asking price because.....wow. When the “Cons” are more than the “pros”, it’s walk away time! But what really stands out to me is that this was once a very nice mobile home, and it just really makes me sick to see it in such a run down condition. This is beyond normal wear and tear; this home has been outright abused. Such a waste.

[@livinghoperenovations9353]

Yea, when I inspected that bathtub I think they literally just spray painted the bathtub. lol yikes! Like so many mobile homes, it's all about how well it was taken care of that matters. If it was abused, it ends up going to guys like me that have to restore it to its former condition.

[@wendymathews1030]

@@livinghoperenovations9353 DEFINITELY spray painted! Yikes! Lol

[@rosepond9083]

How do you know if u can remove a wall to make it an open concept?

[@EricCampbellUAV]

ross newton the realtor prolly has some mobile home flipping tips

[@allihoffman2314]

Very informative 👍🏻

[@AresGodOWar]

Ok so I'm about to buy a trailer on a acre of land, It pretty much needs a total rebuild, All the pipes, Wires, Ducts, Every 2x6 in the walls, 2x10 in the ceiling, 2x12s in the floor, Let's just say all the materials for an entire single wide trailer, Except the roof and metal trailer floor frame lol, And I'm doing all the work myself. How much for just the Materials ? I even make my own kitchen cabinets, So just the wood and hardware. It already has gas and electric, Water and sewer going to the house.

[@livinghoperenovations9353]

Lot's to answer here! Can you shoot us an email?

[@susancreaney1680]

You didn't mention heating and air conditioning ??

[@sissyannhaywood5912]

I can't believe they want that much for it.

[@thalsey5864]

HVAC ?

[@ChristRosa-s7b]

Should've given them 5k

[@robertjhilliard2403]

for an old single wide....... not

[@leorising4444]

I have a mobile home for sale in cleveland ohio

[@derekbushway6251]

When they said they wanted $40k for it would of been the end of that conversation. I don't know why you wasted all that other time going and looking at it, figuring out a budget etc. Unless it was just for the video educational purpose.