Hi People,

Got another bargoon for anyone interested.

There are various interesting investment and/or living possibilities with this property.

1) You buy it for your own use and do whatever you choose to do.

2) You live there, and rent out the land to those who wish to work it.

3) Put in a casero (caretaker - like ReadyToBe) to live in the smaller house, rent out the larger house (probably get $1,000/mo) and/or rent out the land to those who want to work it.

4) Let it sit there doing nothing because Montevideo is growing up around it (you can get to this property on the 175 bus from Montevideo transit) and it will only appreciate in value.

This land is not without issues, see the details at http://montevideo.craigslist.org/reb/5005761635.html, but with the opportunity to earn a better than 10% income plus a certain capital gain it definitely qualifies as my Bargoon of the Month.

Post a Reply

10abuse