Rental Property Investor · Seal Beach, CA · Member since 2015 · 132 posts · 187 votes
Someone reached out to me today with an interesting proposition. The lady on the other line inherited 50 homes in the middle of Montana. The site was an old air force base and when they decommissioned the base they sold off the homes to private citizens. She asked if she could sell the homes to me. I said no, she asked if she could give the homes to me, I said no. She asked if I had any ideas what she could do with the 50 homes. I'm wondering if anyone has any good ideas? I'm thinking perhaps a salvage company might buy the homes for something or perhaps a church might want the homes for a camp....
Anyone ever had a similar experience and what did you do? Thanks!
@Josh Miller, it sounds fishy to me. You may however want to check out the area if you have not already done so. If you want to PM me I know quite a few folks in Montana as I am right below there. If it is legitimate there should be some way to make a dollar or 2 from 50 homes. It does sound odd however.
Well last chance if anyone wants this ghost town :). Happy to pass on the sellers (are they still called a seller if its free?) contact if you want to discuss.
You could slap some paint and carpet in them, print some glossy advertising with impressive looking pro-forma projections of cash flow, and sell them for $50k each as turnkey rentals in an up-and-coming B-class neighborhood to newbies from CA. Joke :)