The construction of modular homes is filled with urban legend and misconceptions. However, the reality of investing in modular homes is very different from the fantasy.
Modular Home is not as Scary as It looks
If you don’t know any better, a modular home can be overwhelming when you first drive in. But that’s only because it’s something you’re unfamiliar with. Most investors have never lived in a modular home, or seen one up close until they drive in. As a result, they don’t know where to begin.
It’s vital that you remember that you are making a decision for your life. Since all other forms of multi-family revolve around owning and renting the dwelling units themselves, you have to keep reminding yourself that you don’t have to worry about the homes or the condition that they’re in, unless they present a hazard to public safety.
You’re in Good Company
It’s always reassuring to know who else is in the business with you. Legendary Homes Inc. is a trusted owner of modular homes manufacturing and financing in Michigan. So the bottom line is that you should choose the company you’d work with.
Modular Home Has Few Repair Issues
One of the big attractions to modular homes ownership is the fact that you don’t have to deal with major problems in terms of maintenance and repair.
Ride side of curve on all megatrends
Modular homes are in the right place at the right time. The American economy is in a state of continual decline, which is increasing the demand for affordable housing daily. On top of that trend is the fact that 10,000 baby boomers per day are retiring and downsizing their housing. There really is no trend in the U.S. that is not propelling mobile home parks higher in occupancy, rents and valuation.