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Updated over 5 years ago on . Most recent reply

User Stats

43
Posts
16
Votes
Jack Ni
  • Lonoke, AR
16
Votes |
43
Posts

Buying a rental with 3.5 acres of land?

Jack Ni
  • Lonoke, AR
Posted

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?

Most Popular Reply

User Stats

757
Posts
377
Votes
Zach Quick
  • Investor
  • Bentonville, AR
377
Votes |
757
Posts
Zach Quick
  • Investor
  • Bentonville, AR
Replied

@Jack Ni Have you listened to the most recent podcast? Lot of great things that may apply to you with your excess land.

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