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Updated over 6 years ago on . Most recent reply

User Stats

114
Posts
32
Votes
Jorge Barboza Jr.
  • Investor
  • Yorba Linda, CA
32
Votes |
114
Posts

Tiny Home In High Rent Cities

Jorge Barboza Jr.
  • Investor
  • Yorba Linda, CA
Posted

So what does the BP community think about this. Buying the right open lot in a dense city that attracts a lot of Millennials and place a Tiny home on it. And then renting that out. 

CRAZY or GOOD IDEA?

  • Jorge Barboza Jr.
  • Most Popular Reply

    User Stats

    553
    Posts
    314
    Votes
    Seth Borman
    • Rental Property Investor
    • Phoenix, AZ
    314
    Votes |
    553
    Posts
    Seth Borman
    • Rental Property Investor
    • Phoenix, AZ
    Replied

    Typically the residual land value won't allow it. Larger homes that sell or rent for more will be required to make the deal pencil.

    The exception is in places where you can put a humber of tiny homes on a lot.

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