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Author Topic: Mobile Home Park Living | Comparing Pad Rent to Land Ownership  (Read 2247 times)

Offline Elfie

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Re: Mobile Home Park Living | Comparing Pad Rent to Land Ownership
« Reply #30 on: September 06, 2022, 08:07:30 PM »
Quote from: sparky127 on September 05, 2022, 11:27:37 PM
My mortgage is MUCH less than rent for a similar home.

My PIT is $1500 (and a bit of change) each month but I could rent the place for $2200-$2500.

Heck, I could probably rent the two rooms plus half bath in the garden level for around $1200-$1500.
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Offline sparky127

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Re: Mobile Home Park Living | Comparing Pad Rent to Land Ownership
« Reply #31 on: September 06, 2022, 08:43:13 PM »
We were very smart when purchasing our house.  2.5 secluded acres, four beds, one bath 1300 sq ft.  $420 a month.  The garage we built last year doubled that.  Still, the $850 I pay a month is less than people are renting broken down old trailer houses with leaky windows and inefficient furnaces for.   It's horrible and I feel bad for people trying to get by today.
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