Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 12 years ago on . Most recent reply

Account Closed
  • Vista, CA
0
Votes |
5
Posts

North Dakota rental property investment

Account Closed
  • Vista, CA
Posted

Hi All, I have "the burning question" to ask of you. I live in CA, and like many investors, when the RE market collapsed here, I looked around for a better market to invest in. I finally bought a 1A lot 5minutes west of Williston ND and thought of building a rental unit for income. I bought the lot from a builder that has bid on the construction at $275k for a 3/2 and 3/1 duplex. If it were YOUR money, would you build a duplex, sell the lot for a small profit and roll into an existing rental property, or pull the plug on ND because the market has peaked and invest elsewhere? Thank you very much for your time and opinions.

Loading replies...