Updated over 2 years ago on . Most recent reply
1 acre lot w/ house vs typical tract house for rental property
We're looking to buy a house each year and live it, but we prefer more land/space and not the typical small lots and neighbors 20 feet away of regular tract homes. Would we be making a mistake and have a much smaller pool of renters if we have a 1 acre lot maybe 5-10 miles further out of the city? Or is there a lot of renters out there that would like the extra space? Would it have any affect on resale later? I figure owning more land is never bad in the long run but really curious what you all with more experience think or have seen happen firsthand. Thank you so much in advance as we don't want to make any big mistakes if we can help it. Have a great Sunday!!
Most Popular Reply
I love land but not for rentals. In my mind it is a liability and not much of a revenue generator. Just my opinion.