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Updated over 5 years ago on . Most recent reply
Buying a rental with 3.5 acres of land?
So I found a property that have 3.5 acres of land. The house is great, I guess the 3.4 acres turn off a lot of investors.
Would you buy it? Asking price is $48k. Can rent for $650. Need $5k cosmetic work.
What I worry about is what I do with the 3.5 acres of land? I have to cut it with lawn mower? Buy tenant a big fancy lawn mower and ask them to cut it? Raise two goats and let’s them eat the grass? Or just walk away?
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@Jack Ni Have you listened to the most recent podcast? Lot of great things that may apply to you with your excess land.