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Updated over 6 years ago on . Most recent reply

User Stats

161
Posts
104
Votes
Bryan Clement
  • Rental Property Investor
  • Union, ME
104
Votes |
161
Posts

Second Deal Opportunity

Bryan Clement
  • Rental Property Investor
  • Union, ME
Posted

Hello, I am almost done with my first BRRRR, and I have the opportunity for a second deal. There is a plot of land with a falling down house and garage a quarter mile down the street from me, FRBO for $3,000. Most land only plots in my area go for between $12,000 - 18,000 at minimum, but I'd have to tear down the house and basically start from scratch. Thinking of putting a stick built duplex or a conjoined doublewide on the property to rent out. Anyone have any advice about new builds for rent for a beginner? I'm pretty much in the dark about new builds, as I've never worked on one before. Thanks!

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