Land & New Construction
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Second Deal Opportunity
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!