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Updated about 5 years ago on . Most recent reply

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Alex R.
  • Rental Property Investor
  • Los Angeles, CA
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3
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Creative ways to make money from destroyed properties

Alex R.
  • Rental Property Investor
  • Los Angeles, CA
Posted

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!

  • Alex R.
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