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Updated almost 6 years ago on . Most recent reply

Account Closed
  • Flipper/Rehabber
  • Midland, TX
6
Votes |
26
Posts

Suggestions on what to do with a low value lake property

Account Closed
  • Flipper/Rehabber
  • Midland, TX
Posted

I inherited a lake property that isn't worth very much and it's in really rough shape. It's not your prototypical vacation property, it's more of a retirement community that just so happens to sit on a lakefront. Some of the surrounding properties (mobile homes) have been cleared and replaced with small cabins, which I'm sure they're attempting to lease recreationally, to no avail. I haven't had any offers yet. Hold or sell? Any and all feedback is welcome. Thanks in advance for your time and replies.

Most Popular Reply

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909
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1,612
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Avery Carl
  • Real Estate Agent
  • USA
1,612
Votes |
909
Posts
Avery Carl
  • Real Estate Agent
  • USA
Replied

Hey Aaron! Where is the property located? We can all give some better insight with that piece of info!

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