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Updated about 9 years ago on . Most recent reply

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Chris T.
  • Investor
  • Downers Grove, IL
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Do you put out a yard sign while rehabbing a house?

Chris T.
  • Investor
  • Downers Grove, IL
Posted

For you flippers out there, do you put out "I buy houses" signs on your property that you are currently fixing up? 

Not to pre-market the house for sale, but to get more motivated sellers / leads. 

If you do it, can you share your results? And what are your messages on your signs? 

I know bandit signs are not encouraged here, but what if it's placed on a property / house that you own? 

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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
ModeratorReplied

@Chris T.

While we are not flippers, we do use a similar approach by purchasing tired properties and forcing appreciation: it is just rehab-n-hold as opposed to rehab-n-sell.

When we are carrying out a deep retrofit on a newly acquired property, we will put a sign in the yard advertising another "modern, heathy and energy efficient home in the making"  with an indication of when it will be available for rent.

We typically have the units rented before the renovation is complete.

  • Roy N.
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