All Forum Posts by: Curtis Mack Davis

Some of my financial friends are Realtors; they try to help me and I try to help them. If you intend to do as much to your purchase as other investors have done, then use those type homes in your list of comps. Many times, in these neighborhoods in transition, even certified residential appraisers are conservative on their appraisals. This is frequently an issue with resale in transitional areas. If your subject property needs lots of work, evaluate it from a perspective of demolishing the house and building new on the site. “Tear-downs” are also frequently seen in regentrified neighborhoods. Good luck with your project and reconsider your position of not using Realtors. They are a valuable resource!

I would have just kept the trailer. They really come in handy with property management.