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Updated over 9 years ago,

Lucas Pfaff's profile image
Lucas Pfaff's profile image
Lucas Pfaff
  • Realtor/Investor
  • from Philadelphia, Pennsylvania
  • Member since Feb 7, 2012
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User Stats

114
Posts
38
Votes
Lucas Pfaff's profile image
Lucas Pfaff's profile image
Lucas Pfaff
  • Realtor/Investor
  • from Philadelphia, Pennsylvania
  • Member since Feb 7, 2012
Connect
Lucas Pfaff
  • Realtor/Investor
  • Philadelphia, PA
38
Votes |
114
Posts
Buying & Selling Real Estate

FREE Property - What's the WORST that could happen?

Lucas Pfaff
  • Realtor/Investor
  • Philadelphia, PA
Posted

I have been offered a free property ($1) in a very rough part of Philadelphia. The property is a boarded up shell. I'm trying to figure out what risks I run if I purchase this and sit on it for the foreseeable future.

Aside from yearly RE taxes and HI there shouldn't be any costs I believe?

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