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Rehabbing & House Flipping

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38
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Craig Jennings
Pro Member
  • Investor
  • Louisville, KY
15
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38
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Securing a vacant property.

Craig Jennings
Pro Member
  • Investor
  • Louisville, KY
Posted Sep 12 2013, 16:30
I'm seriously considering the purchase of a vacant former drug house in a rougher part of town. I can buy it for $5K with an ARV of $49K. Obviously it's a total rehab. Anyway, since I'm still getting start I perform a share of the rehab work on my own and contract out larger portions. There have been ongoing problems with homeless folks shacking up there. I've spoken with a neighbor who try's to run them off when he sees them or calls the police. I've never dealt with a situation like this and would like to know how others secure property in rough areas while completing a rehab. Any tips are appreciated.

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