- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Creating a trailer park
Posted on 2/10/23 at 7:46 pm
Posted on 2/10/23 at 7:46 pm
I have a few acres west of Baton Rouge and was thing of buying a few FEMA trailers that are still in good shape and renting them.
Would be purchasing about 10 trailers for around 800k and then I was thinking of renting them out for $700 a month.
Now I currently own the land as it is paid for but would need to pay for the drainage to make it accessible for a trailer. Reached out to our local government for further instructions but I haven't heard back yet.
So besides any type of zoning fees would I be missing something? Is $700 too little for these small homes?
Would be purchasing about 10 trailers for around 800k and then I was thinking of renting them out for $700 a month.
Now I currently own the land as it is paid for but would need to pay for the drainage to make it accessible for a trailer. Reached out to our local government for further instructions but I haven't heard back yet.
So besides any type of zoning fees would I be missing something? Is $700 too little for these small homes?
14
Posted on 2/10/23 at 7:47 pm to Purple Crayola
How the hell is a fema trailer $80k a piece?
Posted on 2/10/23 at 7:50 pm to Purple Crayola
Have you considered simply renting the lot?? I have a friend that has a park like that. He charges $150 a month and the tenant has to put a house trailer, not a camper, on the spot.
Posted on 2/10/23 at 7:52 pm to I B Freeman
I did but no matter what I have to make it accessible for mobile homes, which right now it is not.
Was debating selling to a developer as well but figured I'd look into alternatives first and the guy I know selling trailers made a good amount of money running this in Ascension. He also charged 1100 for the home.
Was debating selling to a developer as well but figured I'd look into alternatives first and the guy I know selling trailers made a good amount of money running this in Ascension. He also charged 1100 for the home.
Posted on 2/10/23 at 8:06 pm to Purple Crayola
How many spots do you think you can create?
Posted on 2/10/23 at 8:10 pm to I B Freeman
10 easily, could possibly fit 15-20 if I wanted to make each lot small. Trailers are not big but was wanting to give people enough area to park a car or two, have area to put inflatable pool, etc...
Posted on 2/10/23 at 8:16 pm to Purple Crayola
You sound like the most benevolent trailer park owner ever
Or naive baw. I feel like they gonna be putting junk cars in the yard not inflatable pools lol
I think the game here is to start with lots and add trailers as you go. And then the people who park trailers will get behind on rent and can’t afford to move the trailer and it becomes yours
But first check with the parish. I think most parishes don’t allow new trailer parks and the ones that are there are basically godfathered in
ETA: I meant like don’t give them yards stack that aluminum tight baw
Or naive baw. I feel like they gonna be putting junk cars in the yard not inflatable pools lol
I think the game here is to start with lots and add trailers as you go. And then the people who park trailers will get behind on rent and can’t afford to move the trailer and it becomes yours
But first check with the parish. I think most parishes don’t allow new trailer parks and the ones that are there are basically godfathered in
ETA: I meant like don’t give them yards stack that aluminum tight baw
This post was edited on 2/10/23 at 8:20 pm
Posted on 2/10/23 at 8:21 pm to Purple Crayola
I am commercial banker in Baton Rouge and most people just rent spots. Most banks will not lend on the trailers.
I would not want to deal with trailers. They will get treated pretty rough. Let them bring their own trailers.
I would not want to deal with trailers. They will get treated pretty rough. Let them bring their own trailers.
Posted on 2/10/23 at 10:24 pm to Purple Crayola
I own 2 MH parks. Get with the parish before you spend any money. Most parishes don’t want more parks & make it next to impossible to build a new one. As another poster commented. Lot rent is a great way to go. I charge $300/mo for a lot rental fee.
Posted on 2/10/23 at 10:25 pm to soupboy10
I would rethink not allowing campers. It will fill up faster. Ive been seeing a ton of camper parks filled up with people lovong in them for work or just regular poor trash.
Posted on 2/11/23 at 12:03 am to Purple Crayola
Sell them with you as the lender. High interest rate to people who can't get a loan from the bank. You don't have to deal with renters and you repossess when they miss too many payments.
Basically a used car lot but trailers.
Basically a used car lot but trailers.
Posted on 2/11/23 at 7:16 am to GrizzlyAlloy
As the other person stated, good luck getting this approved with the parish.
Posted on 2/11/23 at 7:33 am to Purple Crayola
You will have to get a permit, water and electric, sewage plus liability insurance.
Maybe roads and pads built
You are looking at some cash out up front but the profit may be worth it.
You could just rent RV pads, when you drive by the ones in Shreveport or East Texas they all look full
Maybe roads and pads built
You are looking at some cash out up front but the profit may be worth it.
You could just rent RV pads, when you drive by the ones in Shreveport or East Texas they all look full
Posted on 2/11/23 at 8:38 am to Purple Crayola
How will you heat and cool these babies?
I spent most of my first 18yrs in trailer parks and there’s no way I’d venture down that path. Better have a good maintenance staff because they will break everything. The AC guy was always working on someone’s trailer when I was a kid.
I spent most of my first 18yrs in trailer parks and there’s no way I’d venture down that path. Better have a good maintenance staff because they will break everything. The AC guy was always working on someone’s trailer when I was a kid.
Posted on 2/11/23 at 8:47 am to Purple Crayola
Covered rv/boat storage with security system. Let someone live free on it for being security guard.
Posted on 2/11/23 at 9:15 am to down time
I would do self storage myself. It is a great market for them now.
Posted on 2/11/23 at 9:16 am to Purple Crayola
People have posted here before the difference between renting spaces versus trailers. If you own the trailer and rent it out, you have to deal with maintenance and repairs brought on by the trailer-dwellers. You want to fix all the busted pipes after the next freeze? Or unclog their toilet after Trixie flushes a tampon and an ashtray full of Pall Mall butts? Or replace the broken AC? If you rent them the space, they own the trailer, and those are their problems
Zoning, water & sewage, power, and insurance would be some of the first things I would explore/price. Add in the cost of legal if you need to hire a lawyer for evictions.
Zoning, water & sewage, power, and insurance would be some of the first things I would explore/price. Add in the cost of legal if you need to hire a lawyer for evictions.
Posted on 2/11/23 at 9:20 am to Purple Crayola
This thread made me feel trashy.
Posted on 2/11/23 at 1:00 pm to saint tiger225
Trailers are white and slightly off pink gold baw
ETA: I think fema trailers were free like 3 years ago what happened
ETA: I think fema trailers were free like 3 years ago what happened
This post was edited on 2/11/23 at 1:06 pm
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News