Potential Property!

Potential Property!

Real Estate Investor · tampa, FL · Member since 2009 · 19 posts · 0 votes

I was riding through neighbors and noticed a Marshall sign on an abandon house. Could this be a potential wholesale deal? If so, would be the steps I would take to make this happen. Any an all advice is welcome. Thanks everyone!

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  • Real Estate Investor · North Central Arkansas · Member since 2009 · 509 posts · 178 votes
    16y
    Originally posted by Byron Oliver:
    I was riding through neighbors and noticed a Marshall sign on an abandon house. Could this be a potential wholesale deal? If so, would be the steps I would take to make this happen. Any an all advice is welcome. Thanks everyone!

    I think your referring to a bandit sign? What did the sign say? Usually you won't see a sign on a potential deal, if you do it's most likely because someone else got there before you did.

    Can you give some more details?

    Jeff

  • Real Estate Investor · tampa, FL · Member since 2009 · 19 posts · 0 votes
    16y

    Hello Jeff! I had a chance to drive back by the property and it's a US Marshall sign as well as No trespassing. I can only assume that maybe the previous owners got busted for drugs or something. Is this something I could pursue? If so, what steps would you recommend I take?

  • Real Estate Investor · North Central Arkansas · Member since 2009 · 509 posts · 178 votes
    16y
    Originally posted by Byron Oliver:
    Hello Jeff! I had a chance to drive back by the property and it's a US Marshall sign as well as No trespassing. I can only assume that maybe the previous owners got busted for drugs or something. Is this something I could pursue? If so, what steps would you recommend I take?

    Go to your local tax assessor website and see who the owner of the property is. You can then send a letter to them and see if they want to sell.

    I would also call the US Marshall and see if they can give you info about what happened...if it was a meth lab I would STAY AWAY, the cost of cleanup will more then likely be too much to deal with. As a matter of fact, I would check with the US Marshall BEFORE sending a letter.

    Jeff

  • Real Estate Investor · tampa, FL · Member since 2009 · 19 posts · 0 votes
    16y

    thanks Jeff I appreciate that alot!!!

  • Real Estate Investor · North Central Arkansas · Member since 2009 · 509 posts · 178 votes
    16y
    Originally posted by Byron Oliver:
    thanks Jeff I appreciate that alot!!!

    My pleasure. Post back up here with what you find. Good luck.

    Jeff

  • Real Estate Investor · tampa, FL · Member since 2009 · 19 posts · 0 votes
    16y

    I found out why the house has the marshall sign. It was a meth lab and someone was murdered in it as well. Looking at the neighborhood never would have thought but in todays times everything is possible.

  • Real Estate Investor · North Central Arkansas · Member since 2009 · 509 posts · 178 votes
    16y
    Originally posted by Byron Oliver:
    I found out why the house has the marshall sign. It was a meth lab and someone was murdered in it as well. Looking at the neighborhood never would have thought but in todays times everything is possible.

    Meth lab was exactly what I was afraid of. STAY AWAY! Too much $$ to clean up.

    Jeff

  • Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
    16y
  • Real Estate Investor · North Central Arkansas · Member since 2009 · 509 posts · 178 votes
    16y
    Originally posted by Steve Babiak:

    Good find Steve.

    Jeff

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