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What should I do with this mobile home
Posted on 3/20/18 at 2:03 pm
Posted on 3/20/18 at 2:03 pm
I’m buying some property near Baton Rouge with an old double wide being left on it at no value. It had a few inches of water in it during the 2016 flood and is gutted. Part of me wants to burn it to the ground and the other wants to spend a little money to fix it up and live in it without a mortgage for a few years until I build a house. It’s a 1993 model, 28x64 I believe. If I do some of the repairs myself I’ll be below $30k but that seems like too much to spend on a 25 yr old trailer. Thoughts?
ETA: I’m not spending a penny on it. Was going to rent it out if I did but still not worth it. Thanks for the responses. If someone wants a decent hunting camp for cheap let me know. Otherwise it’ll probably be going up in flames in a couple weeks.
ETA: I’m not spending a penny on it. Was going to rent it out if I did but still not worth it. Thanks for the responses. If someone wants a decent hunting camp for cheap let me know. Otherwise it’ll probably be going up in flames in a couple weeks.
This post was edited on 3/20/18 at 3:59 pm
Posted on 3/20/18 at 2:04 pm to jbro12
quote:
below $30k
You could get a new one for that I would think.
Posted on 3/20/18 at 2:05 pm to jbro12
quote:
I’m buying some property near Baton Rouge with an old double wide being left on it at no value. It had a few inches of water in it during the 2016 flood and is gutted. Part of me wants to burn it to the ground and the other wants to spend a little money to fix it up and live in it without a mortgage for a few years until I build a house. It’s a 1993 model, 28x64 I believe. If I do some of the repairs myself I’ll be below $30k but that seems like too much to spend on a 25 yr old trailer. Thoughts?
Ask yourself what kind of resale value would you get after dropping $30K on a 25yo trailer
This post was edited on 3/20/18 at 2:06 pm
Posted on 3/20/18 at 2:05 pm to jbro12
My moonshine supplier in Georgia had a trailer behind his place they used as a target... thing was riddled with bullet holes. I recommend that.
Posted on 3/20/18 at 2:06 pm to jbro12
quote:
What should I do with this mobile home
Growhouse
Posted on 3/20/18 at 2:06 pm to jbro12
quote:
Ask yourself what kind of resale value would you get after dropping $30K on a 25yo trailer
Bout tree fiddy.
If you burn it, let the local FD do it; they can do training with it. Otherwise, try advertising it for free as-is, person wanting it assumes all cost for removal. Somebody can use it for a meth lab.
This post was edited on 3/20/18 at 2:09 pm
Posted on 3/20/18 at 2:07 pm to Aristo
Can but not this size. New are $60k+ I think. Singles are $40-$50 but I have 2 kids and a wife so more space sounds better. Leaning toward giving it away or burning it but wanted opinions.
Posted on 3/20/18 at 2:08 pm to jbro12
quote:
Singles are $40-$50 but I have 2 kids and a wife so more space sounds better.
Good God just burn it to the ground.
Voluntarily living in a double wide with 2 kids and a wife? Yeesh. The divorce would end up being more costly than fixing up the trailer.
This post was edited on 3/20/18 at 2:09 pm
Posted on 3/20/18 at 2:08 pm to jbro12
Let one of the divorcees on here live in it
Posted on 3/20/18 at 2:09 pm to jbro12
quote:
If I do some of the repairs myself I’ll be below $30k but that seems like too much to spend on a 25 yr old trailer. Thoughts?
if trailer was on a property you could continue to rent it, then maybe, but trailer on property you building, no go.
Posted on 3/20/18 at 2:09 pm to jbro12
You could get one used for $30 and in way better shape. Advertise it free if someone moves it themselves.
Posted on 3/20/18 at 2:09 pm to jbro12
quote:
It’s a 1993 model, 28x64 I believe. If I do some of the repairs myself I’ll be below $30k but that seems like too much to spend on a 25 yr old trailer. Thoughts?
Damn it's a 93? I thought you might have had a 94 model and then fixing it up would be a no brainer.
Posted on 3/20/18 at 2:10 pm to jbro12
I personally would just give it away. Dumping 30k into something you don't plan on keeping seems like a waste of money.
Posted on 3/20/18 at 2:10 pm to jbro12
quote:
burn it to the ground
The only answer to your question

Posted on 3/20/18 at 2:10 pm to Aristo
quote:
Dumping 30k into something you don't plan on keeping seems like a waste of money.
As a renter I agree.

Posted on 3/20/18 at 2:11 pm to jbro12
Offer it for use on a Sugar Daddy site.
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