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Updated over 7 years ago on . Most recent reply

User Stats

114
Posts
32
Votes
Jorge Barboza Jr.
  • Investor
  • Yorba Linda, CA
32
Votes |
114
Posts

Tiny Home In High Rent Cities

Jorge Barboza Jr.
  • Investor
  • Yorba Linda, CA
Posted

So what does the BP community think about this. Buying the right open lot in a dense city that attracts a lot of Millennials and place a Tiny home on it. And then renting that out. 

CRAZY or GOOD IDEA?

Most Popular Reply

User Stats

553
Posts
314
Votes
Seth Borman
  • Rental Property Investor
  • Phoenix, AZ
314
Votes |
553
Posts
Seth Borman
  • Rental Property Investor
  • Phoenix, AZ
Replied

Typically the residual land value won't allow it. Larger homes that sell or rent for more will be required to make the deal pencil.

The exception is in places where you can put a humber of tiny homes on a lot.

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