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Updated about 10 years ago,

Ryan Dossey's profile image
Ryan Dossey's profile image
Ryan Dossey
  • Real Estate Broker
  • from Indianapolis, IN
  • Member since Apr 29, 2014
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Ryan Dossey's profile image
Ryan Dossey's profile image
Ryan Dossey
  • Real Estate Broker
  • from Indianapolis, IN
  • Member since Apr 29, 2014
Connect
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,425
Votes |
3,406
Posts
Buying & Selling Real Estate

Tips for marketing a distressed property?

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted

We have a lead that we are negotiating with the seller on... The property has been vacant for 3 years. It is boarded up however at some point the neighborhood "kids" decided to paint a lovely mural and other choice expletives on the walls. It really isn't in terrible shape. ARV is around 70-75k. Property needs probably 30k worth of work to make it a flip or 20k for rent ready.

The question I have is what is the best way to market a boarded up property? I have access to a local REI clubs email list that I can have it added to. I was also thinking postlets. Any other tips?

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