Too bad cypress gardens Is gone. We enjoyed going there as well.
@noahc62466 ай бұрын
Good to see you back
@RussellWatsonFMHL6 ай бұрын
Thanks!
@mandysimmons27697 ай бұрын
I love ur Vids. Thank You so much for your work. I'm a country Tallahassee girl. I have always love MH's.
@RussellWatsonFMHL7 ай бұрын
Glad you like them! Be sure to subscribe so they will be shown to you when released.
@mandysimmons27697 ай бұрын
@@RussellWatsonFMHL i'm a subbie! :)
@l.d.83105 ай бұрын
My kind of girl
@johnsandell45017 ай бұрын
Great presentation!!!
@RussellWatsonFMHL7 ай бұрын
Thank you so much!
@tvormwald7 ай бұрын
Thanks Rus!
@RussellWatsonFMHL7 ай бұрын
You bet!
@fishobob617 ай бұрын
Great Video!! Thank you very much. Going to sell our house soon and move to one of these parks probably in Central Florida. I have learned a lot watching your videos and a few other you tubers. Keep up the great work!
@RussellWatsonFMHL7 ай бұрын
Thanks - be sure to check out the resources on our website and sign up for The Inner Circle. (free) www.floridamfghome.com/
@s996147 ай бұрын
Great video!
@RussellWatsonFMHL7 ай бұрын
Glad you enjoyed it
@SB-mw1bg7 ай бұрын
The prices have really climbed in recent years. I started looking about 6 years ago when it was reasonable. It's no longer in my price path.
@RussellWatsonFMHL7 ай бұрын
ROC's are cheaper if you have the cash to buy the home.
@bryant65247 ай бұрын
Excellent video with thoughtful helpful content.
@RussellWatsonFMHL7 ай бұрын
Glad it was helpful!
@PEETY6667 ай бұрын
Thanks Russ!
@RussellWatsonFMHL7 ай бұрын
You are welcome. Don't forget to subscribe!
@jfnorona537 ай бұрын
I am thankful for the information sir. I do not know about this type of housing, and appreciate the terminology you shared. One thing I do know is that I would not want to be in a HOA situation that would increase their fees, by a lot, suddenly. Also, for me, having someone bothering me as a "taskmaster" would make me regret the purchase, selling out to get out of it, and losing money. So thanks, again.
@RussellWatsonFMHL7 ай бұрын
Choosing a community that will fulfill your dreams and meet your needs is a challenge. You can check out more of my videos on the channel: kzbin.info
@terrysiegel34027 ай бұрын
Great informative video! You really put a lot of thought and effort into your work. You mentioned that some of the homes that you saw in a land lease community looked to be at the end of their life, and would need to be replaced with new homes. Do you really see much of that going on? It seems to me that the sector buying homes, and living in the vast number of Florida land lease communities, are retired folk with modest incomes. I doubt that many of them could afford to replace their old manufactured homes with a new one, and pay the ever increasing lot rent. Our park has about 400 homes, all put in around 1980, give or take. Some of the homes are definitely beginning to crumble. I know of only 7 new homes that have replaced older ones in this park. The asking price for one of these is $175.000. If you add on the $950 monthly rent, I believe that most of us modest income retires would be priced out.
@RussellWatsonFMHL7 ай бұрын
I think it depends upon many factors but I doubt affordability is the key issue. In a park of mostly newer homes or one where new homes are still filling empty lots, the owner may buy older homes that are in bad shape and replace with new to improve the look of the park. This is one of the reasons behind a recent spat of prospectus amendments giving the park owner right of first refusal. In parks with mostly older homes of similar vintage this is less feasible. I agree, modest income retirees are, in many cases, priced out. But newer retirees selling homes up north with high property taxes and large chunks of equity have no problem affording (and often paying cash for) new homes.
@Hanover-ek4jy7 ай бұрын
Have not seen you in a while sir!
@RussellWatsonFMHL7 ай бұрын
Yes, I spent most of last year building the MH New Buyers course to help folks navigate the process of choosing a home and community. This year I will be able to focus more time on the KZbin channel.
@dazeemae62115 ай бұрын
Just came across your videos. Great info for us folks looking into a Florida lifestyle. Ty. Til next video. Take care
@RussellWatsonFMHL5 ай бұрын
Awesome! Thank you!
@roberthepburn-gr4fq7 ай бұрын
Mobile homes are like cars they depreciate and the prices are ridiculous
@RussellWatsonFMHL7 ай бұрын
Not according to The New York Times: www.nytimes.com/2023/12/28/realestate/mobile-home-prices.html
@judithogiejko71427 ай бұрын
Buy one on Long Island. They do not depreciate.
@RussellWatsonFMHL7 ай бұрын
LOL California too - even though lot rents are $2-$3K/Month!
@RussellWatsonFMHL7 ай бұрын
And BTW, the prices on homes similar to mine have about doubled since I bought it in 2018.
@pbpunisher996 ай бұрын
I'm looking into them, but it's not an investment. It's a place to retire and live out the rest of my useful days in an active community. At least until I'm in some senior living facility calling some Jamaican woman mama lol.
@sd80237 ай бұрын
Good video
@RussellWatsonFMHL6 ай бұрын
Glad you enjoyed it!
@user-yw1kx6qc9l2 ай бұрын
Hacienda del Rio in Edgewater FL can you do a video on that
@RussellWatsonFMHL2 ай бұрын
Perhaps someday but currently I’m working on other areas.
@stevebutler97997 ай бұрын
Question: With the insurance companies leaving the state of Florida, what are the minimum requirements for a modular home in order to get a reasonable cost for home insurance?
@RussellWatsonFMHL7 ай бұрын
I don't know much about modular homes. Some companies have left but others have expanded. I did a whole section in our MH New Buyers class on insurance for manufactured homes. Like anything else, one person's reasonable cost is another's too expensive and yet another's cheap.
@debbiestein31347 ай бұрын
Insurance is a VERY BIG deal!
@RussellWatsonFMHL7 ай бұрын
Yes, it has gotten more expensive. I research done for our NH New Buyers class I found the Polk County area to be one of the cheapest in the southern part of the state,
@domfaraone75675 ай бұрын
Tell us about insurance costs in fla
@RussellWatsonFMHL5 ай бұрын
Insurance is readily available for manufactured homes in Florida and somewhat less for mobile homes. There are too many factors to allow a generalization of price. I list agencies and originators on the website. I suggest you give them a call. www.floridamfghome.com/Buyer-Resources
@bruh-bg5mm5 ай бұрын
I'm looking to buy a mobile home, how about homeowners insurance? How do I contact you?
@RussellWatsonFMHL5 ай бұрын
I do not offer personal consultation; preferring to spend the time I have available on producing educational materials. With over 25,000 subscribers I would be quickly overwhelmed if I tried. if you need guidance in comparing communities I suggest you look at my book: Retirement in Florida Manufactured Homes & The Land-Lease Option amzn.to/3TgFe0V To download community lists, Join my Inner Circle (free) The website offers this and many more resources for finding, purchasing, and maintaining the right home for you: www.floridamfghome.com/Buyer-Resources You can also sign up for my next workshop where we cover the choices available and offer opportunities to interact directly.
@wadebarnett25427 ай бұрын
I'd want to own the land. I would appreciate something that would keep the neighbor from having a really junked-up yard.
@RussellWatsonFMHL7 ай бұрын
We have a few videos on that. kzbin.info/www/bejne/Z2HIdHaQn92sgJI
@s996147 ай бұрын
Isn't Polk county sinkhole country?
@RussellWatsonFMHL7 ай бұрын
Every county in Florida has sink holes. Some have more than others. You can find out more about sinkholes in FL here: floridadep.gov/fgs/sinkholes/content/sinkhole-faq
@angelapriddy63087 ай бұрын
How can we get in touch with you please? Ty for this video❤
@RussellWatsonFMHL7 ай бұрын
I do not offer personal consultation; preferring to spend the time I have available on producing educational materials. With over 23,000 subscribers I would be quickly overwhelmed if I tried. If you have a specific question, related to a video, just put it in the chat so all can benefit from the answer. If you are looking for general guidance on choosing a community may I suggest my book: Retirement in Florida - Manufactured Homes & The Land-Lease Option amzn.to/3c3UMPJ To download community lists, Join my Inner Circle (free) The website offers this and many more resources for finding, purchasing, and maintaining the right home for you: www.floridamfghome.com/Buyer-Resources
@ragnew74117 ай бұрын
No hoa😊
@RussellWatsonFMHL7 ай бұрын
There certainly is that option! 😀
@nickp3602 ай бұрын
Is it HURRICANE PROOF?
@RussellWatsonFMHL2 ай бұрын
Only if they made them out of steel reinforced concrete and they do not. However, look at the dates of installation. Most of these homes have been in place for 20 - 40 years or more. They have already been through as many hurricanes as you are likely to see.
@tnfishkeeper27 ай бұрын
Thanks for this information. :)
@RussellWatsonFMHL7 ай бұрын
No problem!
@spectreboy554 ай бұрын
The way lot rent is going up and up then add on HOA fees at some parks it just makes it almost impossible for an average person to afford.
@RussellWatsonFMHL4 ай бұрын
I don't recall ever seeing HOA fees in a land-lease park over $30/year. Lot rents are higher than they were five - ten years ago but I bet groceries increased more. I can't even afford chicken wings anymore!