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.
General Landlording & Rental Properties
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 5 years ago,

User Stats

82
Posts
53
Votes
Andrew Turner
  • Real Estate Agent
  • Atlanta, GA
53
Votes |
82
Posts

Experience/Opinion on Purchasing Rental w/ Well Water Source?

Andrew Turner
  • Real Estate Agent
  • Atlanta, GA
Posted

I am currently analyzing a rental property in Ball Ground, GA. One of my clients is purchasing a mobile home on 2-acres leased for $750/mo and the tenants want to stay indefinitely. The purchase price is $57,000.00. The entire street and surrounding streets are all have a well as the water source. Based on what I saw, this property has no potential of being ported over to public water. In your experience, how detrimental is a well being used as the water source, and based on this quick run-down, is this still a decent buy?