Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago, 08/11/2017

User Stats

2
Posts
0
Votes
Jeff Barkshire
Pro Member
  • Investor
  • Puyallup, WA
0
Votes |
2
Posts

Is renting a home with land for farming/ horses realistic?

Jeff Barkshire
Pro Member
  • Investor
  • Puyallup, WA
Posted

My neighbor is going to be selling his home and I'm considering giving him an offer before he goes to market with it, with the goal of holding the property long term.  I have 5 acres and he has 4, and it is mostly pasture with horses and a small barn with a couple stables and multiple outbuildings with a workshop.  The house is 1900sq/ft 3 bed 1bath.

I would need to get over about $2200 for rent to make it cash flow, which is too high for the house itself, but I'm wondering if there are many renters that would see value in having the acreage for their horses and/or shop space for storage/ small business uses.

My only landlord experience is with our duplexes, so this would have to be a very different kind of tenant, so if anybody has experience with this type of rental property that would be great to hear any feedback.

Thanks!!

  • Jeff Barkshire
  • Loading replies...