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Updated over 4 years ago on . Most recent reply

Eric Allred's profile image
Eric Allred's profile image
Eric Allred
  • Rental Property Investor
  • from Upstate SC
  • Member since May 2, 2019
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Eric Allred's profile image
Eric Allred's profile image
Eric Allred
  • Rental Property Investor
  • from Upstate SC
  • Member since May 2, 2019
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Eric Allred
  • Rental Property Investor
  • Upstate SC
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Real Estate Deal Analysis & Advice

Single wide on two acres

Eric Allred
  • Rental Property Investor
  • Upstate SC
Posted

I have an opportunity to buy a single wide trailer. It is older and needs about 3-5k of work.(A/C and roof repair.)  The trailer and 2 acres of land for 25k I can rent it for 500$ a month. I was thinking of putting another new trailer on the same property. The land itself is worth more than 25k so figure its a no brainer to buy... any thoughts would be appreciated. I would be paying cash for this property.

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