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That is true in a Land-Lease or Cooperative park. But not in a Subdivision or a park organized as a Condominium. You can also use it to buy a manufactured home on a single fee-simple lot or piece of acreage. Take a look at my video on Barefoot Bay as an example: ruclips.net/video/4G_FcZOZv-E/видео.html

NP @mariakucinich9427 , this is just one example of the many kinds of deals out there. Be sure to check out some of the other videos on the channel ruclips.net/user/FloridaManufacturedHomeLiving as well as all the resources on our website: www.floridamfghome.com/ It's all free!

Perhaps someday but currently I’m working on other areas.

There are a lot of permutations. We cover more of the financial strategies in our New Buyer program. As a general rule your monthly bill for housing should be no more than 30% of monthly income. At $1400/mo that's about $420. That eliminates most (but not all) land-lease parks. At $100K capital, you are at the very low end of what you can buy something for in a resident owned community (ROC). If you are handy or even if you can just paint, a fixer-upper in a ROC would make the most sense. Something where HOA fees are less than $200/mo would be ideal. There's a lot more that goes into the equation which is why I developed the MH buyer program.

There's only a few major land-lease communities in Edgewater. HACIENDA DEL RIO is the largest at around 800 homes.

You can do it! Love to see you down here!

Thanks John! I think I got that number from an agent. I looked it up at DBPR and the park lists (and is licensed for) 1094 land-lease lots. The Dept. of Health lists them at 976 homes and 269 R/V spaces. If there are more homes than that perhaps they are rentals or in some other arrangement. Glad you liked the video,

Only if they made them out of steel reinforced concrete and they do not. However, look at the dates of installation. Most of these homes have been in place for 20 - 40 years or more. They have already been through as many hurricanes as you are likely to see.

The 2024 Low Income level defined by the US Government is $15,060/yr for an individual. That's 1255/ month. Assuming HUDs formula for affordable housing at 30% on income that's monthly housing costs of $376.50/ month.

You can see plenty of videos on my RUclips channel - Florida Manufactured Home Living - @RussellWatsonFMHL

​@@RussellWatsonFMHL Sadly there are so many I wouldn't know which are better than others but thank you anyway

That's why we offer a free workshop and if you need more, our MH Buyer program. Sign up here: fmhla.mykajabi.com/

@@RussellWatsonFMHL Thank you!!

Hundreds of communities to choose from that offer that. Sign up for the next free workshop for more guidance: fmhla.mykajabi.com/

Yes, absolutely. Start in Polk & Pasco counties.

The lot rent at the time the video was produced is in the video. That sounds about right.

Join my Inner Circle (free) and download a complete list for the state. www.floridamfghome.com/Buyer-Resources

Thanks, I think RUclips disables them. Just copy and paste into a browser.

Assuming one of your primary goals is storm safety and for you, that goal overrides any benefits you might see in coastal living, then I agree. Taken to the extreme though, you would live in an underground bunker. With todays technology, there is plenty of time to evacuate. So it's really a matter of how much you are willing to lose. Like many other choices, it's a question of what you can afford.

@@RussellWatsonFMHL no need to be insulting, I've lived in Florida in several areas and currently live on the coast in NC. Home owners insurance has skyrocketed as a direct result of companies pulling out of the state. The claims over the recent years has made it hard to survive in a area with increased storm damage leaving residents with little choice in choosing a more affordable home insurance coverage. There's little competition in the market now and those insurers that are left increased the cost to cover their butts and basically hurt the home owner. So its not that Florida isn't a beautiful state it is, but is it the right choice knowing the chances people are taking to live there. Basically the same issues with cost of insurance has happened here as well. Example when I purchased my home in 2018 my annual insurance was $800 yearly. Today my annual insurance is $1989. This is a direct result of storm damages and the increase in storms.

Understood & I fully agree costs have risen. In Florida roughly 30% of mobile/manufactured homes are insured at all. My insurance is above $2K and were I to drop my current policy and get a new one it might be closer to $4K/year. Given the clarity that cost is your issue, I can say you are not alone. Many are making that choice. But at the same time, folks are building and buying homes in the most exposed areas at what some of us would consider high cost and likelihood of peril. Thus my statement above: So it's really a matter of how much you are willing to lose. Like many other choices, it's a question of what you can afford.

I’m interested

I'm sorry to hear it's not working out for you but I must say my experience is quite different. Even though I lived by the shore in Connecticut I often look at the weather in the summer and see similar temperatures and humidity's to what I have here. Not sure how far south you are in Florida and that could make a difference. That certainly will make a difference in insurance costs as anything south of Indian River County on the East Coast or almost anywhere on the West Coast, Clearwater and South, has likely doubled or even tripled in price. I still have friends and relatives in Connecticut and remain convinced you can live less expensively in Florida but can live lavishly (if you have the money) in either. There are many more factors that may affect your individual situation. You might want to consider moving toward the northern part of Florida where costs would be lower.

@@RussellWatsonFMHL We are in Boca Raton area. Summers are much hotter in South Florida, Boca Raton area. I'm sorry no offense to you but I wouldn't want to live in a manufactured home with the way the Florida weather is so unpredictable. But whatever works for you. I enjoy your channel and have been subscribed for a long time. Thank you and God bless

Awesome! Thank you!

I live in a land-lease community here in Florida.

How are the HOA's ?

@@DW... Some communities have HOAs that represent the residents as owners of the park while others have HOAs that represent the residents to the owner.

Yes. Watch his videos about owner owned parks

@@cherylmast I have, the insurance is so high even they can't keep one

Depends on many factors. I just talked with a couple that bought a 2019 3BR 2BA and fully insured it for just over a thousand a year. No question though, in many areas once affordable on social security incomes, insurance is pricing those folks out of the market. But for folks who can afford it, it's available.

The lot rents 900 and up are keeping us up north

Why not look at resident owned communities. There are several in my recent Zephyrhills video where monthly fees are under $60.

I think you are talking about a sales agent who made some videos of homes he wanted to sell. My wife never appeared in any of mine.

How's the lot rent there?

@@RussellWatsonFMHL not too bad a lot rent is 650 a month