Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

390
Posts
599
Votes
Serge S.
  • Rental Property Investor
  • Scottsdale, AZ
599
Votes |
390
Posts

Bought a house site unseen

Serge S.
  • Rental Property Investor
  • Scottsdale, AZ
Posted

Full disclosure - I am a big believer of not buying $30k pigs. Against the sound advice of 

@Ben Leybovich I like to dabble in low C class every once in a while. Usually a quick turn and then an owner finance to an investor or I'll rent it out until I get tired of the tenant class. During the hot summer months in AZ we like to escape to the mountains and in my boredom I will bid on properties at trustee sales. If the purchase price and risk is low then I'm fine buying site unseen. So I purchased a pig for $25k which would rent for around $650. Completely forgot about it until this morning and sent one of my handymen out to access the remodel. Here are the pics he sent back:

After wiping my tears I couldn't help but laugh. Note to self

DON'T buy site unseen.

DON'T buy pigs.

Find something better to do than buying random houses. Boredom has a price:)

Most Popular Reply

User Stats

4,456
Posts
4,295
Votes
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
4,295
Votes |
4,456
Posts
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
Replied

Oh my...HAHAHA

Moses is shaking his head right about now, sayin - I lead these schmucks out of the freakin desert and this is how they behave...trading pigs...it ain't kosher...should have left them in the freakin desert!

Hahaha

Loading replies...