Buy a Trailer or Rent a House?
I am visiting my family after 6 years of living outside of the U.S.. The choices for me are:
Stay with relatives
Buy a trailer
or Rent a house.
I will only be in the states for a month and I will be returning to my never ending travels and pursuit of adventure.
It would cost me about 2,000 US to rent a partially furnished house for a month.
or
I can buy a cheap trailer (yes it is a nice one) for the same amount.
I don’t want to stay with family. I like them, but there is a reason I travel around. I don’t like being around people constantly and find that traveling lets me be alone in a way that can not be achieved when surrounded by family.
I own land in the U.S. and purchasing the trailer would add some value to my land, as it is considered an improvement. This would be a real investment. However, empty trailers do tend to attract problems. I would be leaving after a month. On the other hand, I have someone who has said that they would watch and care for it when I am not there (as in use it but make sure not to trash it). The trailer is a single wide, formerly lived in, in good shape and great condition. I have even had it inspected. It is worth a LOT more than they are willing to sell it to me for. More importantly, it would be there when I finally return to the states permanently. Which I do plan to do but not for several years more. I like it out here.
If I rent a house there is no investment. But there is also no muss, no fuss. It would be a quick rental and give me a place to go to take a breath as I am visiting the relatives. Utilities would be included and once I leave I don’t have to think about it again.
I am torn.
And I could really use the advice.
Thanks in advance.
I am always for investing! Rent isn’t investing anything.
SO, if you could find a "caretaker" to live in the trailer and take care of it then you win in the long run! ! ! Probably would add a value of $10,000 to the land????
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