Inherited Hoarder House

[Rachael Becknell]

What would you do? 

I have inherited my grandparents home in Fort Smith, Arkansas. It’s been vacant since 6/2023. It’s 2 bed / 1 bath that needs significant work. It’s filled with items some of value, but most not. I’m curious to see if this is a loss cause or if there are ways to turn this into an opportunity to make some money. What would you guys do? 

[Nathan Gesner]

Quote from @Rachael Becknell:

I would get something in writing confirming nobody else wants it before you put any effort or money into it. If you fix it up and make it valuable, someone may come back demanding a piece of the pie.

I bought a hoarder house for $55,000. I put $15,000 and a lot of elbow grease into it and it is now worth $275,000. Work with someone who understands real estate to see how to turn it around.