Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

40
Posts
22
Votes
Travis Reed
22
Votes |
40
Posts

Advice/thoughts on long term renting a lake house?

Travis Reed
Posted

We have a nearby lake that is running out of room. Lots are quite expensive, usually around $200k if you can find them. I am confident that as time progresses, these lake properties will continue to appreciate.

With that said, an interesting property popped up for around $270k. A lake property with a 4 bed 1600 SF manufactured home on it. This seems like a great deal... but yes it is a manufactured home. Im trying to determine what I could charge for rent. There are no active for rent listings around the lake to compare. If this was not on the lake, I think it would get about 1,200/month. Would it be reasonable to estimste 2k/month since it is on the lake with no other available rentals on the lake? Is there some liability issues with renting a lake house I should worry about? The priperty has a pier but not a boat house.

Loading replies...