Possible abandoneds

4 Replies

Something about BP (it's gift and curse lol) that makes you want to look into every single property you see and question what can become of it.

I thought about this Sunday while I was walking my dog and noticed three separate SFR's that may or may not be abandoned, plus my funds are limited at the moment to make a move so I'll pose the question what would you do considering the three scenarios.

Property 1: This one actually has a FSBO sign in front but it has been out for so long that you can't make out the name or number that was once written on it. From the outside it doesn't look in bad condition (brick exterior). I noticed there tends to be a car in that driveway, but I'm pretty sure it's one of the neighbor's cars cause the lights are never on, and there's nothing in front of the windows at the front of the house. It has a fenced in back yard (chain link) though given the property size and the size of the house there isn't much yard to speak of.

Property 2:  Looks as though no one lives there, though the grass is cut every so often (has gotten quite high last summer a few times).  The gutter is partially torn off at the front and someone has knocked the mailbox down (the mailbox and post look like they need to be replaced since it's in poor condition).  Beyond that nothing too damaging, again exterior only at this time.

Property 3:  Pretty sure this one is abandoned or at least on one is taking care of the exterior.  There's a tree in the front of this house that is pretty well growing up against the house (been that way for I think two years now).  At first it wasn't bad, just a minor bit of growth on the house but now it's tearing the gutters off the front so at very least getting that tree cut down and replacing the gutters would make a world of difference to the appearance of the house.  Given the area it's on a pretty decent size lot with a fenced in back yard (chain link)

I wish I could explain more about each property but that's all that I can get from a walk-by and not actually snapping pictures.

@Seneca Stephens those sound like good targets.  Maybe try talking to neighbors, they may know where to find the owners or what happened.  Try to find the owners and contact them directly by mail if you can find another address for them.  And try leaving a note on the doors.

search the county tax assessor website to find owner of the properties

Just drove past a fourth, brick exterior but the doors and windows are boarded up.  I'm thinking possible wholesale or flip since two other houses very close (one two houses down and one across the street were both rehabed, look good and people are living in those.

Found a slightly odd update to those properties now trying to figure how much of a difference the approach would be.

Property 1: Owned by a finance company as far as I can tell from looking up a bit of tax info on it.

Property 2: I think I missed the boat on this one unfortunately

Property 3: Delinquent taxes for a number of years, according to the assessors' website it's in foreclosure

Property 4:  The one I mentioned in my prior post is in the same situation as property 3

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here