Take the money and run???

[Brian Ellis]

Hello all so I closed on a great property Thursday $46,000 that I intend to rent out needs about 4,000 to get rent ready and will rent for $850. On Friday I had a farmer that owns all the land around the house call me and said they wanted the property but only offered list price cause they aren't used to buying properties and didn't know how things work . Anyhow they want the house for their son and have offered me 66,000 to buy it from me. Should I take the cash and chalk it up to the easiest flip ever keep as buy and hold? Also once I put the 4000 in the house it will be worth 90,000 to 100,000

[Andy Mink]

If you DONT sell it to him, and he owns all the land around it and you make him angry it could be hard to rent.  He might decide to spread manure on the land around the house while you are trying to rent it, run tractors at 4am on those fields, etc. etc.  Farmers are usually great people but don't tick them off, they are crafty....