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re: Investing 100k

Posted on 6/29/16 at 10:58 am to
Posted by MSU5
Memphis
Member since Aug 2011
3411 posts
Posted on 6/29/16 at 10:58 am to
quote:

Thinking about buying an acre of land and putting two mobile trailers on it to rent out.


First off, this is an awful idea.

Secondly, there is so much bad advice in this thread, I hope you know that.
Posted by crews12
SELA
Member since Feb 2008
1768 posts
Posted on 6/29/16 at 11:16 am to
quote:

MSU5

What would you suggest?
Posted by MSU5
Memphis
Member since Aug 2011
3411 posts
Posted on 6/29/16 at 11:22 am to
First off I'd ask him his financial situation. Does he have other investments, retirement, or cash reserve. Then I would be able to give him some more sound advice.
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 6/29/16 at 11:56 am to
quote:

First off I'd ask him his financial situation


The OP mentions he would be thinking about REI with the mobile homes. I didn't see anything in the thread that would be considered bad REI advice. For what he gave us, I thought this thread went ok.
Posted by MSU5
Memphis
Member since Aug 2011
3411 posts
Posted on 6/29/16 at 12:15 pm to
quote:



The OP mentions he would be thinking about REI with the mobile homes. I didn't see anything in the thread that would be considered bad REI advice. For what he gave us, I thought this thread went ok.



My mistake.. I didn't know the re: meant real estate. Carry on-
This post was edited on 6/29/16 at 12:49 pm
Posted by CRope28
Baton Rouge
Member since Oct 2009
88 posts
Posted on 6/29/16 at 4:55 pm to
(no message)
This post was edited on 6/20/22 at 1:42 pm
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