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Updated over 5 years ago on . Most recent reply
Suggestions on what to do with a low value lake property
I inherited a lake property that isn't worth very much and it's in really rough shape. It's not your prototypical vacation property, it's more of a retirement community that just so happens to sit on a lakefront. Some of the surrounding properties (mobile homes) have been cleared and replaced with small cabins, which I'm sure they're attempting to lease recreationally, to no avail. I haven't had any offers yet. Hold or sell? Any and all feedback is welcome. Thanks in advance for your time and replies.
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![Avery Carl's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/629280/1621494174-avatar-averyc4.jpg?twic=v1/output=image/crop=834x834@407x0/cover=128x128&v=2)
Hey Aaron! Where is the property located? We can all give some better insight with that piece of info!