Updated over 5 years ago on . Most recent reply
Creative ways to make money from destroyed properties
Hi! I'm a wholesaler who is targeting Birmingham, Albama. I've been doing pretty well out in that market. But I keep coming across properties that are beyond destroyed. They need to be demolished. I was wondering is there anything that can be done to make money from these types of properties? I've tried to wholesale them but I have a hard time getting investors. Is there anyway of making money from them? I was thinking about purchasing them myself and doing the demolish and cleaning up the land to sell it to a developer, but is it worth it? The homes in the area sell for 60k to 90k. Anyone have experience in this? Thank you!