Updated over 11 years ago on . Most recent reply
New to BP and from South Dakota
Hey everyone. I came across BP and decided to join. If anything it is more food for thought I guess. I used to live in WI where I meet my wife and our 1st house was an upstairs/downstairs duplex and then we bought a SFH. We eventually sold both in 2000 and moved to South Dakota where Im from. Life and kids happened and we have no Real Estate other than our current home in which we have about 38% equity on our 185K house. I do have a 1.3 acre and 7 acres pieces of vacant land that I divided off before I sold our previous house and those are free and clear, one of which I might be selling on a CFD for 3 yrs.
We started off on the right foot in the beginning but we have no investments and I am been thinking about getting back into something but where and how to start is the tough one. SFH here are way higher than in WI and returns don't seem worth it. I can pretty much fix most anything or redo anything so a fixer is not an issue either. Around here mobile homes are all over in the small town I live in with the Air Force Base here also. I have thought about doing some mobile home rentals.
That's a little about my situation and if anyone has any comments I sure would love to here them. Just looking to get back on track I guess.