Our $212K Home By The Ocean In Laguna Beach, CA Is Actually A Trailer

[@CNBCMakeIt]

Do you rent or own? Share your story with us for a chance to be featured in a future installment of Unlocked: forms.gle/jXxFsQnUtHNSHBDu6

[@triplebbb291]

Land lease $3400 a month for a trailer is mind blowing 🤯

[@sherylchapman4168]

It’s on the beach!😊 all beachfront property in California is expensive!

[@Simco_]

The land lease system has always been an anchor to upward mobility of lower income families but in this context it's just like...blown over because it's Laguna beach. Beautiful style. They did a wonderful job with their place.

[@kentwhitehead7000]

It’s laguna. Same area as 3 story mansions overlooking cliffs with rotating floors. To live in that area, how they are, that’s a steal. That’s California dreamin. Trade off though is the COL obviously. Happy for them. I was born and raised SoCal. Would never return after seeing the rest of the US and other countries. Ignorance is bliss.

[@suzend46]

I live in So. CA, have my whole life. Mobile home parks, lot leases away from the beach is around $1500 so $3400 is not surprising. I live in a 18,500 resident 55+ community around 30 minutes inland from Laguna Beach and my monthly HOA fee is $815. The housing costs are very high in CA.

[@NicksDynasty]

Increasing 3% each year 💀

[@evileyez504]

If you don’t own the land then it’s pointless. Look up all the recent news reports of mobile home owners of decades having to leave because suddenly rich people decide they want the land they considered once worthless , especially in a location as nice as this

[@keytowomanhood506]

It's coming

[@jekalambert9412]

Yes, there are many places where mobile home owners are being forced out by greedy corporations acquiring rental properties then jacking up the rents. Luckily in Laguna Beach, the rent control laws apply to mobile homes, so that 3% annual rent increase referenced in the video is the maximum amount their land lease can be increased. When the housing market - both purchase and rental, increases exponentially on vacant units, that rent controlled annual increase is still lower than what most of us anticipate the housing market will be if we're moving to a new home.

[@TNZzzz]

Agreed but it all depends on the owners long term plans. Some like the investment for long term income and security.

[@ugabuga1361]

trailers are not an investment!!!!! type in dave ramsey trailer park. please!!!!

[@lisasanchez7597]

💯 TRUE 😮

[@toddsmith1731]

This is the worst financial decision someone could make. Trailers only depreciate, they don't own the land and yet you need to maintain it, pay utilities, and a loan for the depreciating trailer. This is exactly what not to do.

[@marciejade1408]

It’s just not about what will get you the most when you sell in a hundred years! Some people actually like to experience life today lol. You should try it!

[@toddsmith1731]

Not being on a perpetual treadmill is more appealing.

[@lisasanchez7597]

💯 TRUE

[@JCizzleSoCal]

@@marciejade1408Sounds like you’re living the delusional broke life with little regard for your future! 😂😂😂

[@humblebee7979]

Agree. SMH

[@hotstahmer0824]

Lots of haters in the comments. 38 & 42 years old…probably not planning on having kids, why not live in a little slice of paradise. They have jobs that allow them to live anywhere. Doesn’t seem like they have to worry about their current living situation being an investment. They can probably sell the trailer for a decent price if they decide to move in the future

[@TheBruceKeller]

I think the only reason the trailer wasn't $750k already was because of the insane land rent. That may make it a hard sell as the landlord charges more and more.

[@Gitn2it]

I'm wondering how the land lease works. Does it stay at the high rate that the current renters pay when they sell their home, or does it decrease to some kind of base rate for the new owners.

[@saulgoodman2018]

A cheap house, but that land lease is so expensive. If and when they sell, they will not recoup the land lease.

[@jekalambert9412]

If they paid market rate for a stick built traditional home, the initial cost would have been exponentially higher. If they even qualified for a larger mortgage, the associated finance charges on that larger amount would add up to way more than their land lease. Add to that higher property taxes on a more expensive home and higher insurance premiums on a higher value value home and you're still coming out much further ahead with the land lease. You don't recoup your interest payments, property taxes and insurance payments when you sell your home. With the ever increasing housing costs in their area, mobile homes are no longer loosing their value, so all around it looks to me like a good investment, especially with the improvements they've incorporated.

[@saulgoodman2018]

@@jekalambert9412 That is not the same thing.

[@RC-wt7fr]

@@jekalambert9412 You seem to be forgetting the fact that you would have a home that would have appreciated over time that you would own outright. The gains in property value outweigh the other associated costs. Whats most laughable about this dumpster fire is the absurd amount of money these folks spent on a backyard that they do not own. WILD! And there is only so much you can get for a traier unfortunaltey that ceiling is low and it seems as though they will not recoup that either. God bless.

[@jekalambert9412]

@@RC-wt7fr Mobile homes in California DO appreciate. As the housing market here becomes more and more inflated, mobile home prices continue to increase. The average cost of a mobile home purchased in 1970 was, according to HUD, just over $6k. Admittedly, this is vague because there's no breakdown for square footage or region, so we don't really know how much the initial cost was for the home in the video, but with a recent purchase price of $212K, it definitely didn't loose value. To calculate return on investment, it is necessary to calculate expenses associated with that investment. You cannot ignore finance charges, property taxes, insurance, maintenance and improvements. Again, on a more expensive property, these costs will be higher and you will not recoup your expenses until the home is valued much higher than the purchase price plus expenses. We all know that in the initial years of a mortgage, most of the payment is applied to pay interest, not principal. If the market drops, many stand to loose a lot, weather you're talking traditional or manufactured homes. In an inflated housing market, buyers usually lack cash to purchase a home outright and often do not qualify for financing, so they make choices based on what they can afford, as this couple did. Based on the comments, many have indicated that average homes in Laguna Beach cost almost $3million and average rents are upwards of $8K per month. At least this couple is paying less than market rate for their home, they're building equity, they get to live in a beautiful location, and based on the trajectory of the housing market, one can assume that their asset that will continue to appreciate - especially given the interior and exterior improvements. You also cannot dismiss the fact that they would have housing costs wherever they live, so by paying less than market rate, they are actually saving money long term vs what they might have paid for equivalent housing in the same area.

[@eric2394]

That $3800/month is just going to waste

[@billionkek]

5k a month is insane. In 5 years they would have paid more for the land then the trailer itself. smh

[@alfonsosolorio7403]

Not California land

[@vanessaandreatta9098]

They still did an upgrade from a boat😅

[@perfectfate7609]

not beach land

[@princesspeach5308]

Not true. To own land in that location cost millions.

[@Foreverisabel]

True this is the stupidest decision. You can tell it was all her idea filled with greed. poor guy. I would’ve kept the boat and bought a realistic house in the oc which is near laguna 😭 smh

[@Tanyalakergurl]

I live in the next town over, and I love Laguna Beach. I’ve always said if I could live in a shack on the beach I would. Their trailer is adorable. 😊

[@Exploitiv]

I’m in Huntington Beach I’m a block away from the beach and my land lease is $1400/month. I have a back years fruit trees. I love my trailer. I paid $94k

[@occupytosavetheworld]

Irvine checking in, there's a reason HB is cheaper brother..

[@sevensages5279]

​@@occupytosavetheworld 😂😂😂

[@dg8676]

Imagine paying off the trailer and still paying 3k a month for land lease

[@Hedgeflexlfz]

lol

[@krunchie101]

How much will they be paying a month in 5 years? 10 years? lmao.

[@FunWithAJ]

3400+3% on top of it year over year. By the time they pay off the trailer loan they're be paying $5000+ for the land if the developers don't kick them off before then. They should never have been featured here.

[@ctlspl]

5k a month for a trailer 😂 painful

[@NicksDynasty]

Because they are in Laguna Beach, California

[@ctlspl]

@@NicksDynasty that’s still too much, even if it were then most beautiful place on earth.

[@NicksDynasty]

​@@ctlspl I don't think you can find a house or condo with a lower monthly cost than that in their area

[@balzoemg8415]

@ctlspl It’s a really nice trailer with a really nice location. People need to get the “trailer” part out of their head.

[@Sam-gs7yb]

Painful but beautiful i wish i had that opportunity that location is privileged very fee humana are able to live there

[@mathewmcfool]

all i heard was $200K for a trailer

[@idareyoutolove]

😂

[@katieb5399]

Did you also hear $150,000 k home equity loan and $3400 a month land lease?

[@helenthuyhapham2383]

I saw a brand new trailer home 4BR2BA listed at 630k in San Jose

[@lisasanchez7597]

It’s a trailer 😮

[@caramela4830]

😂😂😂😂😂

[@ChrisBoulas]

These are statistically the worst investments you can make.

[@Ann-cx3dd]

I love, love, love their back yard...... it's GORGEOUS!!!!! ♥

[@lenaprice6239]

Their home is beautiful and in a great location. Living that close to the beach is like a year round vacation.

[@holdencawffle626]

Diminishing returns

[@fortgrove3166]

Really? I was stationed in Hawaii and a mile from the beach. 2k a month.

[@holdencawffle626]

@@fortgrove3166 u rented, naturally

[@6821hominy]

Exactly! They are getting to live by the ocean. Nice! And less than renting the standard stick built homes for $8000.00 month.

[@kylevmendoza]

I’ve had the opportunity to live in Laguna from 2018-2023 and my quality of life was incredible during those years. Definitely a special town glad this couple is enjoying their experience down there as well!

[@rahhjur]

Sounds expensive at face value. But considering how California is normally expensive (this is just a slight premium on top of regular renting), how beautiful their home is, and the fact that they located exactly where they want to be in Laguna beach, $5K seems like a great deal.

[@love7love]

And with all the maintenance they have to put into it… ummm.. not a wise choice. I lived for a few months in a beautifully and impressive trailer home that was bigger and more amazing looking than this one in california with an entire front of glass windows from top to bottom, and trust me, not worth it. The construction is very poor and I accidentally broke 3 doors because I wasnt used to having to be so delicate with the doors.. i lived in concrete houses my entire life.. any house takes a lot of time and money to keep up… so no.. not really smart.. and much less if theres no chance of you ever being able to own it. better to live somewhere else as equally nice just not in front of the beach for less money and just save for amazing vacations… in my opinion

[@eriks8382]

Dude just buy a house five miles inland. No shame in that, the beach is still very accessible.

[@krunchie101]

$3,400 land lease every month and increasing 3% every year. After 5 years they could've saved enough to put a large down payment on a $1m+ home. 🤔

[@user-oz7nw9sq7y]

I think they are living their best life! ❤

[@jeffpodrouzek2995]

To the haters they lived on there boat few years enjoyed it and I’ve been to Laguna beach many times love it there and for them to make this trailer there own inside and out they are living a happy life and beach is so close I applaud them

[@SoCalFreelance]

The land rent is outrageous.

[@jonathanbaker2789]

That land lease is some proper bullsh!t, wow.

[@leslienelis301]

I was always told to avoid land leases at all costs. Interview some people who had a home in crystal cove (5 mins north) about 10 years ago. They learned the hard way.

[@JCizzleSoCal]

Yup and Crystal Cove is even worse!

[@swicheroo1]

Laguna Beach is my favorite spot. I drive over an hour down from LA. For those whinging about the cost of housing, it's a steal for Southern California. My brother just rented out his 2 bedroom house in LA, 20 minutes drive to the beach, for 6K. And that is BELOW market rate. Most houses in his neighborhood are renting for 8K!

[@fisephalnoxt]

CA is abusing with those rates! Insane! I will just stay in Long beach lol

[@krunchie101]

LA not a good sample for sane pricing 😅

[@scott65ot]

This is extremely expensive for most people. If it sounds too good to be true, it is.... this exemplifies this quote. 3400 x 12 = 40,800 and is going up 3% not including the mortgage.

[@GurlsofThunder]

There’s not enough beach for me to be convinced that this was a good idea😊

[@donniemoder1466]

Jealous. They can't stop smiling! That's so irritating! It is fabulous. It still costs a good amount per month, but it's fabulous, it's worth it and more. I wonder if the owner of the land can decide not to renew their lease or raise the lease an exorbitant amount.

[@sheh.9163]

Maybe they could work out purchasing the land from the lease owner sometime in the future?

[@krunchie101]

​@@sheh.9163 It's a mobile home park so that would be a bit hard to own part of the park lol.

[@alzinifelshoni2602]

Many folks commenting here most likely don’t know or have never been to Laguna Beach. It is a gorgeous small beach town and very expensive. Te couple featured in the video is very creative and found a way to live in their dream location. I may consider the same as I love Laguna Beach.

[@carmellabrown3335]

Their home is beautiful and I love they thought outside the box. I'm confused on the leasing the land part, especially because it goes up 3% every year. You own the home, but it's not really yours because it's on a plot of land that you can't take so you could actually have to move it somewhere else, and they started off the video by saying they couldn't afford anywhere else. To each their own, it's a beautiful space. They have invested so much in the actual land, because the outside space they really build up from installing a fence, jacuzzi, landscaping etc.

[@lorrainea.285]

carmellabrown3335 It’s really not that beautiful. It is HORRIBLY decorated on the inside with all that ugly wicker furniture & it looks like a house in the 90s. The outside is ok.

[@holdencawffle626]

They are invested into this POS place. In 5, 10 yrs they will regret their decision as far as their housing choice. 100% Wait....no closets??? Omg I'm dead

[@JCizzleSoCal]

In 10 years they’ll paying $5000 per month just lease the land which will never be owned. That’s not including the $1600/month mortgage and any HOA fees. There’s a reason trailer home prices have barely gone up in the past 40 years. Ouch!

[@Horace1993]

3% OR more

[@TheCarlaProject]

What a beautiful home! You guys did a great job of renovating indoor and outdoor. Great creative way to live your dream❤it!!

[@oneofeverything9820]

Their backyard is so nice!

[@sholaking5027]

Styled really beautifully & gorgeous location

[@shilohbell1573]

The land lease is nuts!

[@jennazhang4927]

As long as they’re loving it, good for them! Why so many people are judging??

[@zaggin]

Brian has a job that pays him more than most of those posting negative comments about wastefulness. This couple is living on their own terms, congrats doing it at a place you love. Also, nice job on the 15% discount off listed price.

[@GrizzLeeC]

we found the landlord

[@triquepersonalwork6369]

They should move the home over to West Virginia in rolling hills, and one month land lease payment would actually pay for the land there, so they wouldn’t actually be paying anything each month because the trailer is all paid off

[@blakebro1]

I stayed in Huntington Beach for spring break and took a drive to Laguna Beach!! Such a nice area

[@szszszsz95395]

Spending 3400 a month on a rental is/should be illegal.

[@agl5132]

Those prices 🤯 I moved abroad five years ago. I live near the sea in a one bedroom furnished (plus small spare room) apt. I pay 480.00 and watch sailboats, dolphin, porpoise, swans, seals, otters, cranes etc

[@followGreatness]

Yea,but California has some big money floating in the AIR. VERY SHOCKING TO SEE COMPARED TO THE LEVEL OF HOME LESS IS PAUNFUL.

[@planetwalker798]

Sounds good. Which location?

[@jml9550]

Mostly likely oversees like Thailand or Phillipines.

[@6821hominy]

Where did you move abroad ? Sounds good to me!

[@praveen211]

Totally support this. If you’re a writer or mostly work from home, you can easily be 100 miles south in Baja California for one third the price.

[@trailersandtea]

Trailers rock! Love how you styled your home as well as the landscape! California, despite all of its nuances, is absolutely beautiful by the beach. Congrats to you both❤

[@steveshow-tos5394]

I can see their vision. First thing I did when I moved to So Cal was build out the backyard like these folks did. No need for a lavish house when you’ve got the Cali sunshine pulling you outside all year. I’m seven years into owning my little 1888 built fixer upper and I’m just now getting to the interior updates after working through my outdoor projects.

[@ID_iKONIC_VIP]

Can you recommend any contractors/landscaping.

[@steveshow-tos5394]

Oh shucks, unfortunately not. I did all the improvements myself slowly over the years. I’m sure it’ll be a lifetime of tinkering.

[@hr5641]

If they’re happy then good for them! Hope they enjoy their Laguna life 🌊

[@ladyethyme]

But seriously how do you find a property like this? I've lived in Laguna Beach, and even that house, but easily be over for half -1 million. My friend had a TINY apartment that was over $1000 a month. Yeah she basically slept in her kitchen. You have to wonder how much of those stories are actually just completely made up or exaggerated.

[@thedaisyesmeralda]

Lots of mobile homes beachside in Southern Cali. Just search any real estate site for mobile homes and use the map feature. The monthly land rent is very expensive though.

[@Chieffg]

Just checked, they coudlve rented a 1br apt for about half the price they paying. 4.7k is insane!

[@6821hominy]

Yes, but it won't have the fabulous yard they have and the views outside. They feel like they are in a "home" not an apartment. They have space around them. They probably looked at all their options and decided this was THE ONE.

[@davidcantor293]

$600,000 over 10 years for a trailer that cost them $212k. EEEEEEK

[@caramela4830]

🫨😂😂

[@Luckyboy_raju]

Do you live and work in California?

[@kutie216]

@@Luckyboy_rajumy sister and her husband bought a house for $700k near LA in 2023 on one income. its a nice house too it has some land and allows horses/animals

[@noelleguinn7744]

Kudos to you guys for finding a way to live near the beach! My mortgage in Estes Park is 6K a month. This is what life is as a home owner in 2024.

[@katymcwhirter]

This seems crazy. On what planet do you spend an extra $150k on renovations when the land could be sold out from under you?

[@gofar12345]

I clicked on this because I saw Laguna Beach and $212k home. I laughed when I saw the landlease cost and all that money thrown away. I don’t think that’s smart because they can’t even write this off their income taxes!

[@hisjoy333]

Great Investment! ENJOY YOUR LIFE!! AWESOME! MONEY BACK ISN’T ALWAYS CONSIDERED “AN INVESTMENT”. BRAVO 🙌🏽 My husband and I of 50 years stayed many times at CRYSTAL COVE. With our ginormous travel trailer ! Now looking at motor homes😃😃!!!!

[@asnboy1084]

fun now, but in 10 years you realize you have no equity and your land lease and doubled in price LOL

[@uuid9595]

So true. All they’ll own is a cheap old trailer.

[@holdencawffle626]

These people are nuts. I'd like to know what their net worth is. I'd be shocked if it was $250k. Absolutely shocked.

[@jekalambert9412]

In 2022 I moved inland in southern California to a 1040sf mobile home, and it's the BEST place I've lived. My Wisconsin relatives were pretty snooty about me moving into a "trailer park" until they found out that my next door neighbor is a lawyer and another neighbor has a PhD in education and is the former superintendent of a Milwaukee suburb school district. All inclusive, land lease, insurance, taxes, utilities etc., my monthly housing cost is just under $800 a month. I have 2 bedrooms, 2 full baths, LR, DR, eat in kitchen, formal entry, more closets and cabinets than I have things to put in them, a 8'x40' covered deck and other nice uncovered outdoor spaces plus a storage shed and covered parking. My rent includes access to a clubhouse with a heated pool, fitness center, 2 hot tubs, a library, game room, laundry facilities, BBQs, and a dog park. I own my home free and clear. Compare that to my previous home, a $1500/month 600sf detached rental house in Sacramento CA with numerous code violations like a leaking roof, rusty water from all faucets, raw toilet sewage overflowing into the back yard, mold, windows that didn't lock, a crumbling foundation and an open parking space under a tree where turkeys roosted and pooped all over my car to the point that I had to wash my car every time I went anywhere. I was forced to move while that house was renovated. After renovations, that house rents for $3k+/month. I feel like I currently have the best housing deal in my life. I paid just over $50K for my mobile home and have put approximately $60k into renovations. It's beautiful and comfortable. I have more stability than I've ever had anywhere else in CA. You couldn't buy a comparable stick built home anywhere in CA for what I pay. Stick built homes, being more expensive, have a larger mortgage with higher interest expenses, higher property taxes and higher insurance costs. When you factor in the higher costs associated with stick built homes, my land lease cost is way less per month than the out of pocket expenses owners of a comparable traditional home would pay. What outsiders don't realize is the context for housing costs in CA. Think about NYC with outrageous rents for tiny awkward spaces and you start to understand the CA housing market. When you understand the market, you appreciate the housing choice the couple in this video made for their beautiful space right next to the beach!!!

[@JonasFernandes-n3e]

I'm renting in San diego. Where is this exactly? I'm very interested.

[@ladyethyme]

Ps: Temu Matt Damon ???

[@jackyyrag]

Nooooo 😭😭🤣 🤣

[@thatswhatshesaid8153]

That Sarah Silverman "I'm f**king Matt Damon" song just popped into my head. 😂😂😂😂😂

[@MrDeezy314]

😹😹😹

[@diamonds4joy]

Rainbow Shop Matt Damon 😅

[@714_ad]

It’s all about location, location, location, but OMG the price is outrageous! The scary thing is with these parks, the land owners can increase the lease as much as they want and/or sell it to developers and kick all the residents out!

[@racheltabron2086]

That is so cool, love how you fixed it up 😊

[@teribrewer207]

I live in a mobile home retirement community in Tempe,AZ. I thought my land lease was high at 800 a month😮 but would love to live in Laguna Beach! Beautiful home!

[@melissacalderon8728]

Beautiful home and perfect location.

[@dip5635]

Such a cool space and being able to walk to the beach is huge. I love how they got creative with their storage. They could even airbnb it later because of the prime location.

[@jekalambert9412]

Most mobile home communities do not allow subleasing or short term rentals, so Air BnB won't be an option - THANKFULLY!!! The short term rental market has contributed to the housing shortage in CA and that in turn has driven up rental prices for everyone.

[@dip5635]

@@jekalambert9412 👍

[@thesnyderteam-lasvegas6614]

Financial suicide. They financed a depreciating asset and have a massive perpetual payment for land that they don’t own. When your emotions take over you make long term detrimental financial decisions like this.

[@sbkpilot1]

rip off, I lived 10 minutes up the road in Costa Mesa and was paying $1400/month for a 1 bedroom apartment. It was walking distance from the Back Bay too. OK, so this is by the beach, perhaps $3K would be the max it is worth, this is an extremely inflated price even for Laguna Beach.

[@dinabplus3]

Beautiful in every way! Such wonderful choices of decor and design inside and out. Lovely little dog too.

[@eddox33]

Not a good deal! 5k a month can get you a real home in LA , if you want affordable beach side properties why not Florida?

[@LAMaman]

Not beachfront.

[@SmartCard67]

They are Democrats

[@colleenhavlena338]

The scary part of owning a trailer is the owner can sell the property

[@staciebamsch2810]

Dumbest investment they ever made!

[@arturovargas5264]

Beautiful home. I’d live here any day. It may be a “bad” investment, but they don’t seem to be struggling financially. They probably have a healthy nest egg and savings rate. They obviously value happiness over equity growth. Good for them.

[@IOSALive]

CNBC Make It, This made me laugh so much! Thanks for sharing!

[@g33zer]

their backyard is sick

[@Lunachick1023]

The land rent is ridiculous though. I don’t get it! Mortgage payment for the trailer than a larger 2nd payment for the land. They’re probably paying upwards of $7k per month. Not a good investment in my opinion. Happy it works for them.

[@userabc886]

Calling this a "trailer" breaks the stereotype of what a trailer home is in America

[@jekalambert9412]

How many of you have actually visited a "trailer park"? There's a persistent stigma regarding "trailers", but if you visited many mobile home communities, you'd find great housing at much more affordable prices than traditional homes. As housing prices increase beyond the reach of most average people, manufactured homes are becoming the only "affordable" housing option for many of us.

[@parler8698]

Because it's so expensive?

[@JCizzleSoCal]

@@jekalambert9412Trailer homes in Laguna Beach and surrounding coastal cities are far from affordable. In 5 years this couple will be paying $5600/month with very little equity.

[@antoniox2040]

Lol yeah the video title is deceptive by saying it’s a “$212k home by the beach” 🤔

[@GiovanniSpeaks]

Its alot of money. Worst part is that you won't end up buying the land. The land owner is extremely happy. I personally wouldn't be doing that. F-that. And they considered this "cheap".

[@RC-wt7fr]

These people are financially irresponsible and are not building any equity whatsoever. The price of the land will continue to increase and there will come a time when that land is repurposed. What a wildly unsustainable way to live.

[@jekalambert9412]

That sir is an opinion, not a fact. I suggest you analyze the market where their home is located to understand the dynamics in their area before making comments such as the one above.

[@RC-wt7fr]

@@jekalambert9412 I am not sure where you learned math bud, but I am going to go out on a limb and assume in the USA. These people are living on leased land. That is the beginning and the end of the conversation.

[@hamburglar83]

Hoa/land lease just negates home ownership. I was forced because being single i cant afford the standard house and 290 an mos is manageable for a condo. But even for me when im old and retired i might be paying 1000 a most for an hoa. But land lease is basically them paying rent (high rent) for life….and the mobile will not go up so essentially down.

[@louismat319]

its a beautiful home, in a beautiful area, right across from the beach. Who cares what others think

[@mayakattt3475]

The Land Lease is crazy.

[@ladhkay]

I've been to Laguna, great place!

[@kiddadd]

Beautiful beach. They seem to be enjoying themselves. Wonderful atmosphere for creative people.

[@Im3s]

Omg this is really an awful deal guys. You could find a very nice locations elsewhere and paying for your HOUSE there much less!!

[@kristinrodriguezrealtordmv3434]

Do you know how much a house would be in California? Do you guys know prices!!

[@Im3s]

@@kristinrodriguezrealtordmv3434 I know, that’s why I’m telling you could find a really gorgeous location elsewhere in other states for half the price

[@talkofthetown5]

Beautiful ideas, we disregarded a mobile home but lacked a vision when we began late on starting our family. We still learned from our five moves and two non forest related fires in CA, with our children, to being practical and having key luxury items, our closets have drastically reduced too, just keeping the best. The kids are still in the early single digits so eventually will need open outdoor space to continue to burn their energy much like your outdoor space with breathtaking views. Congrats on your eternal vacay home! True we may have to rethink the rent space separate from the monthly mobile home. I’ll keep this vid in mind.

[@jessiestroud4534]

I hate everything about this. Not these people at all, but what real estate has become. What a sh*t show we’ve created.

[@pouroverfinance]

5k a month to live in a trailer by the beach.

[@LCAMI1111]

It’s definitely a mind blowing expense. However, I would be so happy if I lived there too. Such a beautiful property

[@andresrivera4965]

Wow they can buy so much somewhere else for 5k a month but they are also where they want to be and found a way to stay there so sometimes you cant put a price on that

[@msg5432111]

It’s sounds wonderful until you hear that price tag for the land. I’m sorry that’s pretty steep ! On the other hand they seem really happy ! So good for them ! Though it’s not a good investment!

[@TMXP87]

My anxiety levels have increased after watching this video

[@k.w.5329]

Why would someone have to explain living in a trailor, regardless of area.... it's your choice! Some folks are real snobs.

[@onjofilms]

Not cheap. And one day it will slide into the ocean.

[@HappyFish50]

its a mobile home. this where you start if you're broke or old...

[@lisapurzak722]

I think it's a beautiful home. They have the beach and a beautiful life. I love it. I think it's cool they can move their home since it's on wheels. It's still expensive but way cheap for the location considering.

[@jrei7448]

I bet they wont' retire there, by time land lease will be $15k month. Happy I left CA.

[@HeyitsTaylorXOXO]

Oooh cool, can’t wait to read your book!

[@rsjrx]

I love living in an exploding land lease that compounds yearly so when I retire I’ll be homeless

[@simplythebest5341]

Dave Ramsey says no to trailers

[@jekalambert9412]

Dave Ramsy hasn't done the math. "Trailers" are often the only "affordable" housing available, AND, they aren't bad to live in either - especially newer manufactured homes that mimic traditional housing.

[@lovefaith9173]

Many comments critized their financial decision, but forgot about how beautiful their life is! If they're willing to rent one of their rooms, I believe many people will be willing to move it. Then they have some cash flow. There are always ways ...

[@fortgrove3166]

Jeez, not worth it. For that monthly payment, you can get a mansion in Texas. And no state taxes.

[@minigirl6839]

True. I live in Texas. You can buy a lot of home and land for what they are paying. Even though we don't have state income tax here, we do have some of the highest property taxes in the country, and our sales tax is higher than most. It's one thing to get that mansion and land affordably, but you better be ready to pay some taxes. I've lived here my whole life, and I wouldn't want to live anywhere else. I'd rather pay more to live here than live anywhere else for free. I guess these people must feel the same way about where they live in order to justify their cost. I couldn't/wouldn't pay what they are paying for what they are getting, but I guess they are willing to.

[@fortgrove3166]

I retired from the Army and moved to SA. I am from New York City. Since I am a disabled vet, I pay no property taxes here, but yes, before the paperwork was submitted, I was paying 700 bucks a month in property taxes. I pay 2100 a month for a 2900 square foot home. 4 bedrooms and baths.

[@jenniesmythe8188]

Imagine how much the land owner is making off of others like them.

[@planetwalker798]

But look where they are. As someone who also lives in a trailer it's not common to find a back yard that size! It's a trade off for sure.

[@johna9904]

i liked the kitchen before. who tears out beautiful white granite countertops..

[@kiddadd]

Agreed.

[@AM-gm3zx]

Dumbest idea, zero financial common sense

[@legoandsushi]

Uhhhh I’ll drive to the beach and I own my land and house. I don’t need to walk to the beach 🏖️ what a waste of money!

[@keytowomanhood506]

They must really love the beach. Sheesh.

[@dib327]

5k a month you could buy an actual house.

[@6821hominy]

For 1.5 million in their area? Maybe they did not want to spend that much. The prices of homes everywhere are overinflated.

[@josephpgarrido]

Title of video: A poor investment strategy for a double wide

[@Annie-ZA]

Absolutely STUNNING! I could k*ll for exactly THAT as it is. LOVE IT! LUCKY COUPLE! Durban🌞🌍🦈South Africa