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Updated almost 9 years ago on . Most recent reply

Suzie LaCombe's profile image
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Suzie LaCombe
  • from Poughkeepsie, New York
  • Member since Mar 14, 2016
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Suzie LaCombe's profile image
Suzie LaCombe's profile image
Suzie LaCombe
  • from Poughkeepsie, New York
  • Member since Mar 14, 2016
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Suzie LaCombe
  • Poughkeepsie, NY
5
Votes |
16
Posts
Buying & Selling Real Estate

Abandoned Properties

Suzie LaCombe
  • Poughkeepsie, NY
Posted

I live in Poughkeepsie NY, where there is a bunch of abandoned properties. How can I determine the potential properties from the useless ones?

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Aaron K.'s profile image
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Aaron K.
  • from Fishkill, New York
  • Member since Dec 8, 2013
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Aaron K.'s profile image
Aaron K.'s profile image
Aaron K.
  • from Fishkill, New York
  • Member since Dec 8, 2013
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Aaron K.
  • Fishkill, NY
36
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88
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Aaron K.
  • Fishkill, NY
Replied

Figure out what they'll be worth after renovation by researching local comps.  Then get a few contractors to give you quotes for full renovation.  Add that to your acquisition and holding costs, and you'll know if it's a good deal or not.

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