I want to be the King of Manufactured homes! #realestate #money #realestateagent #tips #investment

22 Aug 2023 · 0 min

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0:18

A short segment of a YouTube video by Steve D Valentine in which he and another speaker inspect manufactured homes, noting build years (one cited as 1984) and observing long-lived older units (some from the 1960s). The speakers discuss real-estate economic cycles (commenting that a 25-year cycle is typical) and emphasize that manufactured homes have many financing stipulations that affect resale value and exit strategy.

Questions this video answers

1984

25 years

The question is, are you going to be first in or are you going to be last? In what year is this house? This one was 84.
So it's typically like every 25 years is like the economic cycle, I think, is what it is. Houses 25 years old, that's a good place to start.
Well, in some of these, I mean, as we drive through, right. Some of these were built in the 60s. That one, I mean, I can't believe some of this shit still stands.
Yeah. And I mean, when you start messing with these manufactured homes, there's so many little financing stipulations to them. So you got to be really careful when you are buying them and your end plan. So the end plan has to be important when it comes down to these things. Because if you get it financed, you're not going to get it. You're going to end up selling it for a lot less. Right.
Or seller carrier.
Or seller carrier, whatever the case may be. But there's always a way out of it. But the way you want to get out of it, you got to make sure it's. You got to be doubly careful with these things.