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Updated over 1 year ago on . Most recent reply
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Tiny Home or Van Home?
I am torn right now whether or not it is a good investment to buy a tiny home or a trailer home or a van converted into a tiny home:
Tiny home:
- I will need to purchase a truck to trail this or hire a mover to trail it to the places I live. Will I be able to sell the tiny home for a profit or break even in a few years? Maybe buy a property to put it on and rent it out? What is the best way to monetize it if I don't want to live in it full time anymore?
Trailer home:
- I will need to purchase a truck to trail this. Will I be saving any money with this on property I'm renting to keep it on to live in vs just renting a house or apartment?
Van into a tiny home:
- will I be able to sell the van home in a couple years for anything? Is there truly any savings here? I will invest in a van that only depreciates and will have to pay rent on land that I keep it at and will most likely never be able to permanently park it and make money renting it out like a would a nice looking tiny home...
What would be the best option for looking to save money and have something I could monetize down the road?
Thanks!