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re: Lot advice
Posted on 4/13/14 at 4:28 pm to daviddsims
Posted on 4/13/14 at 4:28 pm to daviddsims
If possible, I would recommend putting a trailer on it and putting in all of the infrastructure for your future house as soon as possible. Renting the trailer to some well-screened tenants will net you some decent cash to help with the carrying costs and that trailer can always be sold and moved away once you're ready to build.
2
Posted on 4/13/14 at 4:36 pm to kingbob
The land has restrictions since it is in a subdivision. Must be a 2000 sq ft home to even build.
Posted on 4/13/14 at 8:13 pm to kingbob
quote:
If possible, I would recommend putting a trailer on it and putting in all of the infrastructure for your future house as soon as possible. Renting the trailer to some well-screened tenants will net you some decent cash to help with the carrying costs and that trailer can always be sold and moved away once you're ready to build.
Probably the worst advice I have ever read on this board. A trailer is never and can never be an investment if you are talking about selling it. They depreciate extremely rapidly.
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