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| *Home>>>Value Investment |
Which is better investment - condo or trailer? |
which would be most likely to appreciate in value? Condo. It is much easier to finance and insure a condo versus a trailer. That makes the pool of buyers significantly larger. ofcourse condo dude CONDO!!! Trailer values only go down. I would say a condo in a good neighborhood. It really depends what you plan to do with it. If you want to rent it out and don't have a lot of capital for the initial investment then maybe start with a trailer. But you can't ignore the social status that comes with living in a condo compared to a trailer. i would have to say a trailer. if you do as my parents and i tried to do, which is remodel, the value would go up. i lived in a trailer for 7 years with them that stood in the same place for about 17 years. we placed cedar siding on it, and replaced some of the floor boards that were rotting through. however, before we could finish, the city and state determined the place as condemned. what did they expect? it was under repairs! anyway, if no one lives there until you finish, it shouldn't be condemned. CONDO |
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