Updated over 6 years ago on . Most recent reply
What to look for in vacant houses
As a beginner I recently started driving for dollars and came across a house that is vacant and has been for many years. This property is a block away from the California coast, good school district, low crime and is by far the worst property in a good neighborhood.
So my question is:
When analyzing to see if the numbers work is there anything to take into consideration because it’s a vacant home in need of serious rehab. (Besides a huge reduction in cost)
Is it wise to have the idea of a complete demo and remodel? And or making this property a multi family instead.
Most Popular Reply
@Chad Quintana Yeah sounds like it. Maybe the owner doesn't want it anymore and you can convince them to sell it to you cheap!