Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Any experience with 55 plus mobile home communities?
Old 04-01-2013, 11:11 AM   #1
Confused about dryer sheets
Join Date: Jan 2013
Location: Slovenia
Posts: 7
Any experience with 55 plus mobile home communities?

Does anyone have any advice/experience with 55 plus mobile home communities? I recently toured one in Florida. What are the pros and cons? What should one watch out for?

Mariez is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-01-2013, 11:27 AM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 39,189
You considering a move from Slovenia to FL?

(Oh, the one recommendation I'd have for mobile home living in FL is be sure and spring for the roll bar option...)

Numbers is hard.

Retired in 2005 at age 58, no pension

REWahoo is offline   Reply With Quote
Old 04-01-2013, 11:33 AM   #3
gone traveling
Join Date: Jul 2007
Posts: 333
I don't have any personal experience living in one of these communities but I have several friends that have over the years. Some liked it, some didn't. It seemed to me that it depended on the specific community, its amenities and how well it was maintained. Make sure you understand the communities rules/restrictions and then look around to see if they are being enforced. Make sure you have good home owners insurance!
HighRoller is offline   Reply With Quote
Old 04-01-2013, 12:33 PM   #4
Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 2,132
We lived in a manufactured home community from 2006 through2009. It was classified as adult community which means 55 and older. If you need specifics as to what that means you can google the Florida statutes. In a nut shell I believe it means that 85% of the people living there must be 55 years of age, not 100%. That's what most adult communities mean. In addition, no children under 18 years of age can reside in that community. There are exceptions. Just google for all that type information.

I liked what we had as you never saw any toys or junky cars on the property. We had rules and regulations regarding out buildings, landscaping, the care of your home, etc. The rules are there to protect the interests of the property owners. Every "park" can be different so when you visit one, get a copy of the rules and regulations and see if you can live with them.
JOHNNIE36 is offline   Reply With Quote
Old 04-01-2013, 03:06 PM   #5
Thinks s/he gets paid by the post
heeyy_joe's Avatar
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,402
There is one near my Florida condo that we occassionally ride our bikes through. It appears well kept with only a few vacancies. People wave hello. I would be concerned about gale force winds - if the wind is stong enough you don't own a mobile home - you own a big metal box kite.
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
heeyy_joe is offline   Reply With Quote
Old 04-01-2013, 03:25 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
Join Date: Jan 2007
Location: Independence
Posts: 5,083
Sold a real beat up senior mobile park in Gates Oregon last year. I would suggest that resale of a mobile home is darn near impossible. Banks are not loaning on them, so you are looking at a cash sale or carrying the paper. The park management can approve the purchaser - or not. Often you are prohibited from renting out the mobile, so if you aren't living there and are just trying to sell each month a new monthly space rental charge comes due, to the tune of hundreds of dollars/month.

On the good side, there are some great fully furnished homes for sale in the senior parks - cheap! People are just desperate to sell them. For fun and profit, or just for learning, Google and read a little "Lonnie Scruggs".

calmloki is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 08:59 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.