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Updated about 9 years ago on . Most recent reply

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Peter Amour
  • Investor
  • Burlington, VT
59
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110
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hoarder flip we did last year

Peter Amour
  • Investor
  • Burlington, VT
Posted

i wanted to post a few photos about a flip we did ( i hope i can find more ) . it was a vacant home that the owners went to a nursing home and had not lived in it for about 5 years . things got pretty out of hand , we ended up with seven 30yd dumpsters of crap ; unfortunately i listened to stories from neighbors that it was filled with treasures , and i found 1 the first day :(  i found meat from 1978 in the basement freezer ; luckily the unit kept working ! when we thought we were close to emptying we found under the porch full too , hahaha . it never ended . found some photos from nazi germany, bayonet's , hitler stamps...... also they started a rock and minerals club and we hauled about 3 tons of stones too . i guess it all worked out , because i now have another hoarder house with over 50,000 books ! the oldest so for from 1658 :) 

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Greg Scott
#2 Managing Your Property Contributor
  • Rental Property Investor
  • SE Michigan
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Greg Scott
#2 Managing Your Property Contributor
  • Rental Property Investor
  • SE Michigan
Replied

I can smell the money from here.  (Which probably smells much better than this house.)  I love hoarder houses.  Great returns!

Funny hoarder story. An REO agent I know was cleaning out a hoarder house for the bank. They had several quotes from demolition teams to clean it out, but they kept getting revised quotes at lower and lower prices. Eventually he learned that the hoarder had a massive stash of porn DVDs hidden in a closet and the demolition companies had figured they could profit from selling those off. He got the clean-out done for free. Disgusting, but profitable for all involved.

  • Greg Scott
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