Everybody is familiar with house flipping — buying a house for a low investment, making improvements, and selling it quickly for a profit. What you may not know is that mobile home flipping has become a thing as well. With housing costs rising across America, mobile homes have become the country’s biggest source of unsubsidized low-income housing, providing shelter to 21 million Americans. As the nation’s housing crisis grows, mobile homes are becoming increasingly attractive to people who can’t afford a traditional home. Between 2014 and 2024, the number of new mobile homes shipped across the country increased by a whopping 60%. Now, investors are scouring rural areas for vacant mobile homes on private property. The houses are often considered so worthless that many landowners will sell them cheaply. Michael Wiley, a factory worker in Dothan, Ala., bought an abandoned double-wide mobile home for $1,000, made some improvements, and then sold it for $30,000. Mersadez Joseph, an EMT in Columbia, SC., has flipped about 20 mobile homes over the past four years, earning about $250,000. While mobile homes may not appreciate in value like traditional homes, they can still be a valuable asset. The mobile home flipping market has become so competitive that established flippers are now charging from $50 to $1,000 for training and mentorship programs to help others enter the field.
