Don't Buy A Manufactured Home Until You Watch This!!

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  • Опубліковано 27 вер 2024
  • If you are in the market for a manufactured (mobile) home you must watch this video before you buy. There have been huge changes to the affordability of manufactured homes and it won't be going down any time soon. Also, regulations of mobile homes have been changing as well. This video will give you all the updates on what's going o with manufactured housing so you can decide if this is the best decision to purchase a home for your family.
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КОМЕНТАРІ • 259

  • @KristinaSmallhorn
    @KristinaSmallhorn  2 роки тому +21

    *Do you believe that manufactured housing has now become unaffordable?*
    $6000 Shed Turned Into An Affordable Tiny Home,ua-cam.com/video/PClJMWmL7qQ/v-deo.html

    • @terryobrien388
      @terryobrien388 2 роки тому +2

      Yes

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому +1

      @@terryobrien388 how long have you been shopping for a manufactured home and how much have you seen them go up in the past year.

    • @terryobrien388
      @terryobrien388 2 роки тому +2

      @@KristinaSmallhorn not too long. Maybe 6 months. But I know they’ve increased by 10-15%.

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому

      @@terryobrien388 That sound about as much as I am hearing from everyone.

    • @lisacastano1064
      @lisacastano1064 2 роки тому +1

      @@KristinaSmallhorn least expensive one I've seen was 100k delivered.

  • @christinestephenson1742
    @christinestephenson1742 2 роки тому +154

    About 7 years ago my daughter bought a manufactured home on 1.25 acres (land included) on the edge of town. She was renting previous to this and being overcharged for water. She loves her house and finished raising her daughter here. She has remarried and everyone is happy. She paid $74,000 for her home and land.. It is a 3 bedroom, 2 bathroom home with s huge kitchen. I was so happy she got out of that rental situation.

    • @MsChunkums
      @MsChunkums 2 роки тому +2

      wow what state was that in?

    • @christinestephenson1742
      @christinestephenson1742 2 роки тому +4

      Texas

    • @Arizona_lilly
      @Arizona_lilly Рік тому +3

      Wow that’s beautiful so proud of her it doesn’t matter a home is a home here either way apartment 1500 or I can pay my 600$ mortgage and 800 $ land lease and I still have something in my name versus paying same amount at a apartment and owning notjing

    • @cashtalks6253
      @cashtalks6253 Рік тому +3

      I bought my 4br 2 bath on 1.52 acres in 2019 for$49,500 . My mom found it on marketplace. It had been posted 6 hours and had to be a cash buy.
      All I have done is new carpet and painted the walls and got the carpet for free. If I wanted to put it on the market I could easily get $250k

    • @Zizzyyzz
      @Zizzyyzz Рік тому +1

      @@cashtalks6253 Nice!

  • @debbieandmarc
    @debbieandmarc 2 роки тому +85

    You're right, don't rent. Do what you can to pay yourself for your own place. That's how I started as a single mom and it was all I could afford. I moved out and upward eventually. PS I bought it for 181K and sold for 324K in CA.

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому +6

      That’s awesome 👏 congrats on the massive positive equity!!

    • @fashionforwardmom
      @fashionforwardmom 2 роки тому +2

      I was single mom and noway could I have dreamed of having 180k for a home when my kids were small now that they are out on their own still no way to have 180k for anything. You must have an awesome job congrats!! I know that it is different state by state also and I am in SC and you are in CA which makes cost of living so much different. Wonder how much your home would have been here? That would be cool to know lol.

    • @lesliesavage9229
      @lesliesavage9229 2 роки тому +1

      People who say they can't do it haven't put their mind to it, since I had a job that I couldn't even afford luxuries like a magazine off the news stand. We raised 4 kids in a single wide on one paycheck, and paid everything off ahead of schedule. We then trashed the single wide about 3.5 years ago, and put a double wide in it's place. The double wide we paid cash for from savings we put away because of getting a better job and not having any kind of house payment. Not having a house payment is a weird sensation when you are on strike.

  • @truckingwithtobee
    @truckingwithtobee 2 роки тому +60

    Yep we bought a 1983 manufactured home that was sitting on 2 acres 45 minutes outside of Vegas for 79k in 1995. We just sold that same property for almost a half $1 million

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому +33

      That is AMAZING!!! Take that Dave Ramsey 😂

    • @truckingwithtobee
      @truckingwithtobee 2 роки тому +8

      @@KristinaSmallhorn I have a lot of respect for Dave Ramsey and I really do like the guy but you are correct he is wrong in this aspect.

    • @reseller7
      @reseller7 2 роки тому +8

      They were buying the land!!!!! If it was a mobile home ... it had very little value.

    • @truckingwithtobee
      @truckingwithtobee 2 роки тому +16

      @@reseller7 It was the entire property together . The 2 acres alone out here only go for about $75,000. Our mobile home is not a mobile home technically anymore it’s real property that’s sitting on a permanent foundation the home is stuccoed with a metal roof and has a ton of upgrades. That’s why it sold that much so unless you know what you’re talking about, please be quiet.🤷🏼‍♀️🤣

    • @reseller7
      @reseller7 2 роки тому +5

      @@truckingwithtobee SO it's NOT a mobile home at all. HELLO!!! They are paying for the land, the upgrades, water electricity, sewage and the home that is NOT mobile.

  • @ginaheaton2203
    @ginaheaton2203 2 роки тому +58

    I understand why there are restrictions in neighborhoods for manufactured homes. The architectural differences can make a difference. We need better housing options. This is insane.

    • @fashionforwardmom
      @fashionforwardmom 2 роки тому +8

      I hate the subdivisions cookie cutter homes it is too hard to remember the one you live at lol. Just boring when all of them are the same.

    • @ShortCrypticTales
      @ShortCrypticTales 2 роки тому +2

      maybe you should look into free american land

  • @sadieesther9721
    @sadieesther9721 2 роки тому +40

    BASIC singlewides are still SIXTY GRAND! My county here in Kentucky will no longer zone or approve them being put in too! Meanwhile we live next to dilapidated houses which are honestly a safety and fire hazard. Anyone can junk up a property too, not just people in singlewides 🤦🏻‍♀️

  • @tb1235
    @tb1235 2 роки тому +36

    We are buying a 2400 sqft manufactured home on 1.5 acres in our area for just under $300k. We've lost out on 3 contract offers for other homes but got this one after months of looking. Why wouldn't we go for a stick built home right now? Well, it's out of our budget for what we want. The same stick built home size on the same sized land is currently going (and selling) for the $450-500k range.

    • @PuertoRicoSeGoza
      @PuertoRicoSeGoza 2 роки тому +1

      Now you have land when prices go down to build

    • @janineo.1783
      @janineo.1783 2 роки тому +3

      Hi, are you in California? When you bought the manufactured home did you loan it or bought it as cash? And does it include the land? We are planning to get one too.

    • @tb1235
      @tb1235 2 роки тому +5

      @@janineo.1783 Florida. The land is owned with the home. Location is a pretty big factor in regards to distance outside of town but in the area we were looking around 1.5 acres goes for roughly $125k. We're no more than 30 minutes from anywhere we want to be, including downtown which is pretty huge for Florida given how spread out everything is.

    • @tb1235
      @tb1235 2 роки тому +3

      @@janineo.1783 We did a loan with 10% down. Keep in mind interest rates are slightly hire on manufactured homes than stick built (People are freaking out about interest rates in the 3% range but you'll likely see the rate in the 4% range for a manufactured home loan currently). The trade off with slightly hire rates is the price. If we got the same home as the one we got but stick built, even with a lower interest rate the monthly payments would've been a couple hundred more dollars per month.

    • @LoveyCee
      @LoveyCee 2 роки тому +3

      And a lot of manufactured homes now are built with the same exact high quality stick built lumber, etc. A lot of them have 30 year warranties on roofs, etc which is way more than you will ever get from a typical on site build.

  • @thrashed22
    @thrashed22 2 роки тому +23

    I agree a mobile home is a better investment compared to renting. But I would also rather buy a new mobile home compared to a used mobile home if I was in that situation. Buying a used mobile home I would not pay more than a new one, so I get the whole used car comparison. The first 8 years of my life was in a mobile home. The first 5 were in a trailer park, the next three on a piece of land in the country. Finally my parents were able to purchase a home, where they still reside! You do what you have to do and that is much better than renting.

  • @lilshaz8378
    @lilshaz8378 2 роки тому +4

    Know someone in Santa Cruz who sold her mobile home in a park and bought a condo in Reno, cash.
    The mobile home had an ocean view. Location is everything.

  • @tennsusan
    @tennsusan 2 роки тому +4

    I paid about 30,000 for a new 3/2modular home.I purchased beautiful land with a creek and private fir 12,000. Wit a 12x 16 deck and a 12x24 covered hat porch was 6 yrs.ago my home and land just appraised for 115,000.I love my place.

  • @rh7968
    @rh7968 2 роки тому +13

    I purchased my MH in a owner-owned community 2 years ago, in part because of vloggers like yourself motivated to alternative housing. It’s in a great location!
    I do want to buy another home outside of the park just for sense of security (and rent the other) but That may mean moving on the outskirts 🏜 hard to do with kids in school
    I like Dave in regards to getting out of debt but not much else. Why should I get in a bidding war on a 350k fixer upper when I can get the same sqft upgraded energy efficient MH for 60-170k

  • @FlippinMobileHomes
    @FlippinMobileHomes 2 роки тому +4

    "Tell 'em Large Marge sent ya!" lol Thanks for the shoutout, Kristina. I appreiciate you

  • @dannym8927
    @dannym8927 2 роки тому +4

    Selling my double wide in a beautiful area 3 bed 2 bath built in 00 luxury laminate floors for 85k and comes with a 2 car garage

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому +2

      Good luck with you sale. I’m sure it will sell fast.

  • @normneely894
    @normneely894 Рік тому +2

    Hi Kristina and everybody else
    Put 2,937 miles on my very mobile mobile home. On 5 different mobile home parks. 😄
    On all these moves I jacked the home up and installed the concrete blocks for it to sit on in all the parks. Very easy to do.
    I packed every thing in cardboard boxes and nothing broke on any of the moves.
    I purchased a two bedroom 10' x 47' Mobile Home in 1965 when I was stationed at Fort Polk Louisiana, I was like the 3rd or fourth home in a new park that was still in the process of being built.
    Right after I moved into my park the State allowed 12' wide home to be pulled on the roads instead of on a flatbed truck. All the other homes in the park after mine where 12' wide homes. I still liked my 10' and it was less expensive. A coworker and his wife live in an 8' wide by 30' ??? some feet long, in a park across the street from me, which was fine as they didn't have any children.
    After being discharged from the Army. The Army they moved the home to New Orleans, after 3 or 4 months I reenlisted in they Army, The Army moved it to a mobile home park I found in East St Louis, Illinois by making phone calls.
    The park and City where terrible, I called and had it move at my expense to St Louis Missouri to a park near the airport. When I received orders to Viet Nam the Army moved it to a park in Vallejo California, it was a nice park but after two or three Months my Wife sold the home to the owner of the park so she could move to Japan with our two young kids to stay with her parents while I was in Viet Nam.
    That was really nice as I was able to take two R&Rs to Japan and visit them. On my first R&R which was a short time after she started living with her parents, we rented an apartment right next door to her parents as her parents house was very small.
    Norm

  • @rongendron8705
    @rongendron8705 2 роки тому +8

    Why do you have to pay sales tax on a manufactured homes, if it is used as your principle residence? This is especially true if they own the land beneath it!
    Sales tax could amount to many thousands of dollars & will have to be paid every time the home is sold! Why?

  • @Zizzyyzz
    @Zizzyyzz Рік тому +1

    Wow. Community Co-OP. Cool angle. Thanks for the info!

  • @themodestgoddess1645
    @themodestgoddess1645 2 роки тому +5

    Thank for all the info, Genius Lady! 🤓📚 I'm learning all that I can from Y'all on the pathway to homeownership! 😌🙏🏾

  • @eloisafrometa88
    @eloisafrometa88 2 роки тому +8

    Glad I found your video. I’m a single mom with 2 kids and I don’t want to rent anymore. I would like to buy a home and the manufactured homes look really nice. I need to find an agent who is familiar with manufactured homes but how do I go about that?

  • @HomeportResidential
    @HomeportResidential 2 роки тому +13

    I bought a 2 bedroom manufactured home built by Skyline back in August of last year. They charged me a $5,000 inflation fee, and I just got the notice that my home will be delivered in 10 weeks and they raised my price by $10,000. I would still recommend a manufactured home to people in the right situations but you have to go into the purchase knowing the builders are going to make the rules as they go along. Thanks for another great video.

    • @quantumfx2677
      @quantumfx2677 2 роки тому

      @Dr. D Most people just do and dont think and end up with problems we can see this now in these times we live in and its mind blowing.

    • @johnmackey3937
      @johnmackey3937 2 роки тому

      This has happened with stick built as well! Imagine the amount asked, builders have people willing to pay more knowing some buyers have maxed out financially.

    • @Arizona_lilly
      @Arizona_lilly Рік тому

      Perfect thxs

  • @andreawisner7358
    @andreawisner7358 2 роки тому +6

    Kristina, you are doing an amazing job 👏 🙌 ❤

  • @GHE2005
    @GHE2005 2 роки тому +5

    Manufactured home quality is way better then yearly years. Dave Ramsey advice is not for all. One can give 💯% great advice & I never take only 1 persons views. 😉
    Love ur video Kristina, keep up the great work & thx u! 👍🏾👏🏾 🤗💓

  • @gweger6425
    @gweger6425 2 роки тому +5

    Gave up on this Option when they became comparable in cost to site built. Yes site built. As an owner builder you can save a lot of 💰

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому +4

      If more people could build their own home it would save people a lot of money but most don’t have the skill set to do that.

    • @gweger6425
      @gweger6425 2 роки тому +2

      @@KristinaSmallhorn I didn't either.. you just start. It's double! As they say it's not rocket science. Most people can paint and do D.I.Y. things.
      Home Depot is all about that. As an owner builder you don't do everything you just act as the general contractor and get bids and save all the markup they take. Cheers and love what you do 💕

  • @ShiningSakura
    @ShiningSakura 2 роки тому +4

    Here in Utah almost all mobile home parks that do get cleared out for something new sure don't turn into single family, it gets turned into luxury apartment buildings. Still unaffordable by all means. Only the nicest most expensive mobile home parks get left alone and stay as a mobile home park. Still those are unaffordable as well for what you get.

  • @LoveyCee
    @LoveyCee 2 роки тому +3

    You’re not bashing him, you simple told the truth and that is way more than most tell us.

  • @BeautifullyBlissfulButterfly
    @BeautifullyBlissfulButterfly 2 роки тому +10

    We bought a double wide 1997 year but renovated. It's beautiful and sits on 5 acres of farmland that is all ours. It is 2 hours South of Atlanta so it is possible to afford the house and the land but you gotta get further away from the cities. We watch the sunrise from our back porch and sunset from our front porch. We bought it and it appraised at $132,000 for the renovated manufactured house plus land. We feel we got a deal!

  • @scotts1356
    @scotts1356 2 роки тому +8

    Dave Ramsey doesn't know what he's talking about! I bought a 14x70 in the 1980's for $18,000. I sold it 3 years later, for $23,000. That was 40 years ago folks. The mobile home market has changed dramatically over the years and people are starting to realize mobile homes are well worth the money. Dave Ramsey needs to stick with investing "money."

    • @nathanhollingsworth413
      @nathanhollingsworth413 2 роки тому +1

      Well tbh doubt Dave Ramsay has ever lived in a mobile home … nor lived in a area where they’re very common either

    • @scotts1356
      @scotts1356 2 роки тому

      @@nathanhollingsworth413 Can't argue that!

  • @normneely894
    @normneely894 Рік тому

    Hi Kristina and everybody else
    I Put 2,937 miles on my very mobile mobile home. Setup on 5 different mobile home parks.
    On all these moves I jacked the home up and installed the concrete blocks for it to sit on in all the parks. Very easy to do.
    I packed every thing in cardboard boxes and nothing broke on any of the moves.
    I purchased a two bedroom 10' x 47' Mobile Home in 1965 when I was stationed at Fort Polk Louisiana, I was like the 3rd or fourth home in a new park that was still in the process of being built.
    Right after I moved into my park the State allowed 12' wide home to be pulled on the roads instead of on a flatbed truck. All the other homes in the park after mine where 12' wide homes. I still liked my 10' and it was less expensive. A coworker and his wife live in an 8' wide by 30' ??? some feet long, in a park across the street from me, which was fine as they didn't have any children.
    After being discharged from the Army. The Army they moved the home to New Orleans, after 3 or 4 months I reenlisted in they Army, The Army moved it to a mobile home park I found in East St Louis, Illinois by making phone calls.
    The park and City where terrible, I called and had it move at my expense to St Louis Missouri to a park near the airport. When I received orders to Viet Nam the Army moved it to a park in Vallejo California, it was a nice park but after two or three Months my Wife sold the home to the owner of the park so she could move to Japan with our two young kids to stay with her parents while I was in Viet Nam.
    That was really nice as I was able to take two R&Rs to Japan and visit them. On my first R&R which was a short time after she started living with her parents, we rented an apartment right next door to her parents as her parents house was very small.
    Norm

  • @samrodriguez9653
    @samrodriguez9653 2 роки тому +16

    Tons of useful information👍
    Dave Ramsey doesn't know everything 🏘

    • @eckankar7756
      @eckankar7756 2 роки тому +2

      I think Dave is referring to. mobile homes vs manufactured homes.

  • @bobbysmart833
    @bobbysmart833 2 роки тому +3

    It's pretty clear from comments made here, that some LOVE the idea of manufactured homes, and some HATE the idea. I'd lay odds that those HATERS have never spend 30 minutes researching this industry, nor taken the time to visit a Dealer to see what these homes are actually like. It's very easy to be negative in today's environment, I get that. You can see it almost anywhere online. I for one, appreciate how you are trying to EDUCATE folks about this industry and really appreciate what your GUEST had to say. It's wise to get info from someone that has been in the business for several years...I think he said 30 years? Yes, he is a Dealer, and he makes $$ in this industry, but who would you rather hear from on this topic, a manufactured home dealer or a shoe salesman? Do you go to a car salesman for financial advice or to a financial advisor? Comon people, Kristina is trying to do this community an EDUCATIONAL service here. Thank you!!

  • @joelmarcy8027
    @joelmarcy8027 2 роки тому +2

    The problem I have with mobile homes is the quality of the interior. And to think the price has literally DOUBLED IN TWO YEARS… I have a hard time buying one though that has been my plan to stay near debt free.

  • @Crusader1984
    @Crusader1984 2 роки тому +3

    most people buy mobile homes for something to live in they do not care about investing

  • @secretfox8940
    @secretfox8940 2 роки тому +1

    We had a big fire go through 2 towns back in 2020. It took out a lot of the manufactured home parks. One of the places turned down the government money for the clean up. They then demanded that the former residents give them money to clean the place.

  • @rongendron8705
    @rongendron8705 2 роки тому +3

    Why do you have to pay sales tax on a manufactured homes, if it is used as your principle residence? This is especially true if they own the land beneath it!

  • @angelarita3445
    @angelarita3445 2 роки тому +1

    I am definitely buying a manufactured home this year 2022

  • @jenwendy7
    @jenwendy7 2 роки тому +3

    Flipping drives up property values which eventually drives average people out of being able to afford a home. The whole idea of profiting off a house intended for living (survival) is actually quite gross, if you think about it. I've seen this happen to 3 cities, mine and the 2 cities next door. Also, that co-op thing is imperative! I've seen to many people get tossed out of their homes by developers who bought that them out.

    • @user27278
      @user27278 2 роки тому +1

      You can say the same thing about food.

  • @fashionforwardmom
    @fashionforwardmom 2 роки тому +2

    We just bought a manufactured home on one acre in SC for 69,900. I am amazed at people talking about prices over 100k that is insane to me.

    • @dianaprice2868
      @dianaprice2868 2 роки тому

      I live in SC. I have not seen a new MH for under $80k. Where in SC?

    • @ronniepemberton1942
      @ronniepemberton1942 2 роки тому

      The one I am looking at in Michigan is on 1/2 acre and 1200 SF and the asking price is$15000.00

    • @ronniepemberton1942
      @ronniepemberton1942 2 роки тому

      It was also built in 1975

  • @patriciabrown8666
    @patriciabrown8666 Рік тому +1

    🎉🎉🎉🎉🎉 You're Awesome valuable information

  • @lesliesavage9229
    @lesliesavage9229 2 роки тому +1

    I am trying to get my daughters out of paying rent, so we brought them down to where we bought a manufactured home about 3.5 years ago for cash. The double wide home we bought sells off the lot for double what we paid for it. That was with having one wall moved, another wall added, adding another outside door, taking off the V in front on the roof (That saved about $2K, but the rest was added cost), modifying the frig area to take a bigger frig, making most inside doors 36 inch, longer toilets (guys take note), large garden tub, more cabinets and put the hitch on the other end of the home, and our home was half the cost of the same model they sell today, and you can't get any of the modifications we got, except increasing the door size or maybe moving a door. The reason they don't do the modifications is they are back logged due to COVID-19. They have a lot more buyers than they have homes, and they are playing catch up.
    Now my taxes on the home itself go down each year (I hope the state doesn't catch on), because our state doesn't see the home itself as real property. The land under it goes up, so the taxes stay about the same from year to year.
    The housing market here is such that it is still a lot less to buy a manufactured home and put it on a property than buying a new stick built home.

  • @carolynknisely2383
    @carolynknisely2383 2 роки тому +3

    Great info. Thanks!!

  • @Chew5219
    @Chew5219 2 роки тому +15

    Manufactured home is fine if you own the land. If you don't own the lot, you might as well rent an apartment.

    • @MR3DDev
      @MR3DDev 2 роки тому +6

      Exactly, if you don't own the land you basically getting the bad stuff of homeownership with the bad stuff from renting.

    • @ohsuellen
      @ohsuellen 2 роки тому +10

      Well not really. I own a mobile home, and my space rent is $320 a month. Thats much cheaper than renting in my community.

    • @AB-fq4mr
      @AB-fq4mr 2 роки тому +6

      The way things are going, she will be doing videos on cardboard boxes next year.
      First we had to downgrade from single family homes to townhomes, then we had to downgrade from urban to middle of nowhere, then it was all about tiny homes, now it’s manufactured homes.
      Lol. It’s funny the kinds of unique problems every generation has to go through.
      If someone had told me I’d be watching videos from complete strangers because houses went from $200,000 to $450,000 in two years, I’d think they were insane…

    • @gweger6425
      @gweger6425 2 роки тому

      Oh? What about resident owned communities like she talks about?
      That's a much better option than an apartment.

    • @eckankar7756
      @eckankar7756 2 роки тому

      @@gweger6425 I saw a special on such communities a few years ago. They had their own headaches when residents went at each other over community rules and plans. One of the communities voted in a committee to make decisions. The committee then sold off everyone else's share of the community but their own to a developer. Everyone but the 4 committee people had to move, the committee people negotiated they got to own their parcel of land as the developer raised rent to new owners on the sold off property.

  • @steventatim8452
    @steventatim8452 2 роки тому +1

    I know that here in CA the Veterans Administration (VA) will not let you purchase a Manufactured or CO-OP home using a VA Loan.

  • @askmisspatience
    @askmisspatience 2 роки тому +1

    Thank you for the intel on MH for VA loans. I’ve been misinformed. The Spring Valley content took me back to my childhood in Spring Valley. I can see that happening there. Especially letting it rundown. It’s a very different city today then four plus decades ago

  • @MS-st1zb
    @MS-st1zb 2 роки тому +2

    I am ahead by twenty five thousand just after one year. I own a acre surplus, three offers in one year, unadvertised.

  • @jackdiodato2465
    @jackdiodato2465 2 роки тому +2

    Why don't you pay taxes as a mobile home in a mobile home park? Isn't it part of the monthly fee for services?

  • @jamesb.armstrong5433
    @jamesb.armstrong5433 2 роки тому +1

    He isn't wrong. We sold our house for $100,000 profit in three years.

  • @FutureHomestead
    @FutureHomestead 2 роки тому +1

    I will be buying

  • @rdoody2067
    @rdoody2067 2 роки тому +4

    I don’t listen to Dave Ramsey.

    • @kaylalipii
      @kaylalipii 4 місяці тому

      He's not as smart as he thinks he is

  • @steveclark5016
    @steveclark5016 2 роки тому

    I love Dave ,But I agree with you.on this particular subject.We have home on 7 acres and minimum value of 180k

  • @finkecynthia
    @finkecynthia 2 роки тому

    I just purchase a 2 bdr 2 bath manufactured home, the same size as my apartment. I bought 2 acres and I can't wait for the home to be done. The same size home and lot in the area is going for $300,000. I have $195,000 invested so far. I want to add a carport and a catio. The other homes in the area are mostly manufactured homes, and their property values are comparable to stick built homes.

  • @bredicebeauty9955
    @bredicebeauty9955 2 роки тому

    Manufactured homes with land have gone up in value in the Lowcountry of SC there up to $275k
    And to buy new just the home is up to $250k
    Plus there are more fees for financing and yearly taxes and insurance

  • @tonyremo1295
    @tonyremo1295 2 роки тому +1

    I would not buy anything right now we are headed for some bad times real estate is going to crash

  • @cheri6174
    @cheri6174 2 роки тому +4

    Kristina. A little off subject but did you know that the era of “stay at home moms “ from the 50s and 60s are only entitled to $500.00 a month for Social Security. That s why a group has formed, of women over 60 who are living in their cars in So Cal. Heart Breaking that they did all they could to raise their children and at this age are living in their cars. I wish you could do a story on this. Let me know if you want to see the links for this on utube.

  • @latishacroissant2238
    @latishacroissant2238 2 роки тому +3

    My mom still has to pay property taxes on her manufactured home and space rent in her park even though the home is paid off, just saying.

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому +2

      Is she in a co-op park or is the park sending her the tax bill? You can’t get a property tax bill unless the property is in your name.

    • @lagui7254
      @lagui7254 5 місяців тому +1

      @@KristinaSmallhorn question how do I know I live in co op park ?
      I bought my mobile home in a community park cash and I pay taxes ? They raised rent 2x already and I feel stuck

    • @KristinaSmallhorn
      @KristinaSmallhorn  5 місяців тому

      @@lagui7254 if you lived in a cooperative community they would have a vote on raising the lot rent prices to cover the costs of the park. Non-cooperatives do not have ability to vote on rent adjustments.

    • @lagui7254
      @lagui7254 5 місяців тому

      @@KristinaSmallhorn yeah that’s what I suspected . I didn’t do my research before moving into my 1st mobile home and it would’ve been perfect if I just had to pay lot rent at one fixed price now I can’t afford it .

  • @Stormmaniac
    @Stormmaniac 8 місяців тому

    I been looking into buying my first mobile home but there seems to be a very costly mistake that can be made? I rent and it's cheap now vs property and tax sounds like renting maybe the way to go now? I could be wrong but 650 a month I pay now sounds cheaper than going the other way as of now but hoping things calm down than I will buy, hence the reason I found your channel..

  • @ajridge2264
    @ajridge2264 2 роки тому +3

    We bought a mobile home in Carpinteria, CA in March 2020 for 490k. In escrow right now with a cash offer for 610k. Lol

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому

      See!! They do make you money. Major congrats 🎉🎈.

  • @johnmackey3937
    @johnmackey3937 2 роки тому

    This is what I needed, going to a 55+ co-op mobile home park tomorrow for an open house for unit 15+ year old on slab. I drove through today, well maintained. Need input, 1 empty lot back on market, was 15,000 6 months ago Dec 2021, now back on market June 2022 37,500. How to negotiate empty land? Please, I am serious. Same co-op community. Private owner, not community.

  • @patriciakirby3225
    @patriciakirby3225 2 роки тому +2

    I love your UA-cam video

  • @conniegoodlin6263
    @conniegoodlin6263 2 роки тому +3

    Dave is wrong about mobile homes

  • @debwoods6011
    @debwoods6011 2 роки тому +2

    Hi i have know idea how you popped up in my feed. But, i am very happy that you did. I have a question. My son was given some land by his father and my son and his wife at the time decided to buy a manufactured home. When they did this the finance company said the land had to be rolled into that even though it was already paid for. Is there away to get this refinanced without the property being calculated into this. Its just my opinion. But, it just doesn't seem right that the property should have even been in this deal. This is in Texas and i know new laws are coming into play. Him and his wife divorced and he is now having to buy her out from property. I would really like to see when redoing the his new financing under his name alone him getting just the home done not including the land that had previously already a free and clear title. Is this doable?

    • @debwoods6011
      @debwoods6011 2 роки тому +1

      @Brian Farley Thank you i will pass this along to him. Like i told him it just didn't seem right for them to included his land in on this. Thing is if anything ever did happen he would be out of his land and they got a major bonus. Ill look into those also. Really appreciate the input

    • @debwoods6011
      @debwoods6011 2 роки тому +1

      @Brian Farley Yes there is and if you have the will there is away. And you have started me into being able to look for new options.Thanks

  • @dianaspy6733
    @dianaspy6733 2 роки тому

    I am thinking about it 2022 or 2023. I am 62 times around the sun. Will be retiring soon. Tiny houses are too tiny. Lol although the communities in some these are fantastic. Want to find a Co Op. ThankQ for the info! Some of the tiny communities have gardens work shops and organic orchards even!

  • @tcbridges
    @tcbridges 2 роки тому

    We just started to look into building a new house this summer 2022. We where going to have a mobular built but now there the same price if not mote versis a stick build.

  • @MotoCampAdv
    @MotoCampAdv 2 роки тому +1

    The future looks grim for the majority of people

  • @sherih8879
    @sherih8879 2 роки тому +1

    We have land (still owing $) and tried to buy a brand new MH doing a refi property/home together but the appraisal for MH the didn’t appraise so couldn’t get the loan 😫

  • @chelseaderry86
    @chelseaderry86 4 місяці тому

    "Friends don't let friends rent." A thousand "Amens"!

  • @jbart7510
    @jbart7510 2 роки тому

    Most agricultural zoned land have very little restrictions if any

  • @tcbridges
    @tcbridges 2 роки тому

    One thing you neglect to mention ie when one buys land and think of putting a moble home on the dont relise then you need egoistic and watet. And a septic system which can be another $20k more thats not estimated in

  • @rodrigoperes3079
    @rodrigoperes3079 2 роки тому

    The lot I bought came with all the utilities n address the previous owners used to have a manufacturer home there. I want to put a manufacturer home n sale it make some $ that's my goal.

  • @colleenschwab
    @colleenschwab Рік тому

    There are manufactured homes in mobile parks in CA where many are over 25+ years old and they are bigger and nicer inside than most rental homes/apts. Yes many with 2+ bedrooms do go for 300k but for CA it looks like a more viable option than buying a home.

  • @rodrigoperes3079
    @rodrigoperes3079 2 роки тому +1

    I just bought a lot that hade a mobile manufacturer home. The. Previous owner took the mobile home with him. Can I just put a mobile manufacturer home without telling the county the city. Or do I still need permission to put the mobile manufacturer home

  • @sugarlien
    @sugarlien 2 роки тому

    Mixed feelings....I did see some really cute ones in Fort Myers(Jamica Bay) late 2020 and almost got one $50K! the rent was about $900 though. We bought in law one around $6000, 20 yrs ago close by. On the other hand, my brother in law owns over 25 of these parks, he doesn't want me pay over $50K on a preowned one.

  • @Machenziethemodel
    @Machenziethemodel 2 роки тому

    Even with owning my land they were still trying to charge me 1200 a month for a single wide and they couldn’t give the final price on the home until it was set on my land. I was like no thanks. Of course they wanted me to choose their lending.

  • @MrZola1234
    @MrZola1234 2 роки тому

    I would like to buy a manufactured home and put it on land in 23. A lot of homework needed, home and land purchase.

  • @creekboie3277
    @creekboie3277 Рік тому

    So what the difference of renting a lot is that what they call lot fees?

  • @resortwearllc2535
    @resortwearllc2535 2 роки тому +1

    Is a Geodesic dome considered a manufactured home?

  • @csi4810
    @csi4810 2 роки тому +1

    There was a manufactured home we were looking at in AZ that was on 2 1/2 acres for $470,000! I would think we are in a housing bubble and all home prices will go down soon. What do you think?

    • @KristinaSmallhorn
      @KristinaSmallhorn  2 роки тому +3

      Until we start seeing a supply of homes going up we won’t see prices coming down for a while. Home builders are not getting building materials to build new homes due to the supply chain issues and we need about 5.2 million homes for the shortage of supply throughout the US. It’s a real mess. No bubble popping anytime soon.

  • @joelmarcy8027
    @joelmarcy8027 2 роки тому +2

    I like Dave but you are right. He is wrong and honestly smug on this subject.

  • @aovoonthefarmsouthernillinois
    @aovoonthefarmsouthernillinois 2 роки тому

    I like you, Kristina. Thank you for your videos.

  • @gsmith5140
    @gsmith5140 2 роки тому

    I would like to.

  • @MichelleJohnson-tg5lx
    @MichelleJohnson-tg5lx 2 роки тому

    I am seeing alot of people who are selling their old MH.lots more than ever

  • @DomDanCam
    @DomDanCam 2 роки тому +2

    Regime, not administration.
    love the vids!

  • @rachellebourque2168
    @rachellebourque2168 2 роки тому

    Are there special things to look for when finding an spraiser for a manufactured home. Getting ready to need one and really need to know what to look for

  • @DarkCrueDethAngel
    @DarkCrueDethAngel 9 місяців тому

    12:21 I wish I have rn already

  • @MichelleJohnson-tg5lx
    @MichelleJohnson-tg5lx 2 роки тому

    Yep

  • @eternalklothgardengangsta685

    Friends don't let friends rent 💯💥

  • @pmcfearson9453
    @pmcfearson9453 2 роки тому +1

    If they are so great why arnt developers building more of these instead of single family homes?

    • @stevensims7960
      @stevensims7960 2 роки тому +2

      Because profit drives everything, it’s the same reason they aren’t building starter single family homes, there’s just more money in large luxury homes

    • @ernieD
      @ernieD 2 роки тому

      @@stevensims7960 Quite a few new homes by different builders are going up about 30 miles NE of Houston, TX. All we see are 1200-1300 sq ft homes being built showing prices of $240K+, prolly before any upgrades at all. Some unsodded, unfenced.
      We are wanting at least 1600 Sq ft home. I can't imagine what those might cost at new home prices; if we can even find one being built.

  • @lindafisher9720
    @lindafisher9720 2 роки тому +1

    What is the name of Michael's you tube channel?

  • @longriver4905
    @longriver4905 Рік тому

    Mobile home in Newport Beach $500,000 or more. So your video not right some case

  • @jefferykeeper9034
    @jefferykeeper9034 8 місяців тому

    Your wrong when you pay lot rent you pay Property taxes and another reason that companies are getting rid of them is bad renters, they are the ones that make everyone look bad.

  • @calliegoodman8286
    @calliegoodman8286 2 роки тому

    How can I find Michael Whily channel?

  • @boomenestrina3926
    @boomenestrina3926 2 роки тому +1

    Dave is amazing. Most of the time it’s the land that the manufactured home is on not the home itself. Agreed not as profitable to live in a mobile park. Keep on keeping on 😊

  • @Lolatyou332
    @Lolatyou332 2 роки тому +2

    I wouldn't want to have a 2-3k sqft house and then a ton of small manufactured homes being popped up around my neighborhood either.
    It just really needs to be separated because it would likely otherwise lower the value of other homes.
    I also purposely avoid living near apartments as well, because crime is more likely to be committed along lower income individuals.

  • @steveclark5016
    @steveclark5016 2 роки тому

    Phil Robertson, Duck Dynasty Lives in a manufactured house.

  • @Zizzyyzz
    @Zizzyyzz Рік тому +1

    Ramsey's advice can be shaky. Lol.

  • @squigglove
    @squigglove 2 роки тому +1

    I respect that Dave Ramsey is a survivor but he's really narrow minded. Regarding mobile homes, like most things in my life, if fractional portions weren't available I'd have nothing.

  • @alanburns9466
    @alanburns9466 8 місяців тому +1

    I think its funny these people scream from across the street to "live within your means" but when we try they try and take even that from us lol

    • @KristinaSmallhorn
      @KristinaSmallhorn  8 місяців тому

      Funny not in a “ha ha” way, funny in a damn depressing way.

    • @alanburns9466
      @alanburns9466 8 місяців тому

      @@KristinaSmallhorn Exactly. It's sad.

  • @SpringWallace
    @SpringWallace 2 роки тому +3

    I agree and disagree w you. We bought land in bfe Texas at the start of the Pandemic while prices were still normal. We have one stipulation in our deed, no mobile homes. Because they depreciation the value. We can't afford to build stick built anymore but nor do I want our land to depreciate so we're not doing the mobile thing. Modular However seems to be a different ball game. Modular are built to local wind codes etc.. mobile homes are not built the same as Modular.
    No to mobile, yes to Modular

    • @Investormillard
      @Investormillard 2 роки тому

      New manufacturer are better & cheaper than most stick built!

  • @porscheamartin
    @porscheamartin 2 роки тому +3

    Dave Ramsey 🤮.

  • @AurielGrace
    @AurielGrace 2 роки тому

    😍

  • @oscarpalacios7198
    @oscarpalacios7198 2 роки тому

    Mamacita

  • @ocean1233
    @ocean1233 6 місяців тому

    D R is dead WRONG ‼️ re this