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Updated about 4 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Michael Brown
  • New to Real Estate
  • Chicago, IL
2
Votes |
7
Posts

Should real estate investors have a SUV/Truck?

Michael Brown
  • New to Real Estate
  • Chicago, IL
Posted

As an investor buying properties that will need rehab, is it worth it to purchase a larger vehicle, such as a SUV/Truck?


I don't plan on participating in the rehab process as much, but may help out here and there(transporting materials back and forth from home depot, etc).


I know that home depot also has trucks you can rent as well, so that's another option.


Either way, I have no idea of what goes on from the investors perspective during this process and was wondering if it was worth it to purchase a larger vehicle...Thanks!

Most Popular Reply

User Stats

97
Posts
76
Votes
Clayton Boyle
  • Real Estate Agent
  • Denver, CO
76
Votes |
97
Posts
Clayton Boyle
  • Real Estate Agent
  • Denver, CO
Replied

I would buy an older used truck. My philosophy is if you have only one vehicle, it should be a truck. If you have two vehicles, one of them should be a truck. You can get an old Silverado off of Craig's List pretty cheap, and you will never regret having a vehicle that can carry a yard+ of dirt, full sheets of plywood, a bunch of shingles, or safely tow 6k lbs. Get a beater truck and a beater commuter and you will be set. 

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