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Updated over 7 years ago, 06/08/2017

User Stats

8
Posts
4
Votes
Ryan H. Joseph
Pro Member
  • Accountant
  • San Diego, CA
4
Votes |
8
Posts

Vacant Buildings Next Door

Ryan H. Joseph
Pro Member
  • Accountant
  • San Diego, CA
Posted

Hello fellow Investors!

I apologize in advance if this topic has already been posted.

Here is my current dilemma: I moved to San Diego in January and next door to me is a vacant building that appears to be half-way renovated. I've only seen one person come by in the 5 months I've been here. The landscaping is overgrown and half of the house doesn't even have windows. I say house but there are actually 3 separate buildings. It is eating away at my soul to see this property sit idle. Whoever owns this property is missing out on some serious cash and is most likely getting hit with expensive holding costs.

I tried to find the owner by searching tax records but the property tax website shows that there are five different owners. This seems odd. I've considered writing a letter to them and dropping it off on the front porch, but I don't think anyone will ever come to pick it up. 

I'd love to contact whoever owns this property and see what their situation is. Even if they tell me to buzz off, at least it'll put my curiosity to rest.

If you were in my shoes, how would you move forward with this? 

  • Ryan H. Joseph
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