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re: Value of rental property
Posted on 9/22/17 at 12:19 pm to BigD13
Posted on 9/22/17 at 12:19 pm to BigD13
How much would you pay for it? Why only 3 mobile homes? Are they on a acre lot each? Can you fit more?
Personally, I don't think its worth nearly as much as you are getting in rent. I'd never trust someone else on how good their mobile home tenants are. So to me there is a lot of risk there. I don't have a clue how much that land is worth? Your value may be 90% in the land.
Personally, I don't think its worth nearly as much as you are getting in rent. I'd never trust someone else on how good their mobile home tenants are. So to me there is a lot of risk there. I don't have a clue how much that land is worth? Your value may be 90% in the land.
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