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Updated over 7 years ago on . Most recent reply

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John N.
  • Specialist
  • Cedar Rapids, IA
0
Votes |
10
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Marketing/Selling to Live In Rehab/Non Investors-Non RetailBuyers

John N.
  • Specialist
  • Cedar Rapids, IA
Posted

Hey Bigger Pockets,

So I have a scenario for all of you that is all too true for me.

I have a house that needs a ton of work to get it into retail shape.  Like $40-$50k, I am currently getting quotes to verify costs.  There are a few items that will need to be repaired (retaining wall and roof and maybe others) or the home will never pass an inspection.

Anyways, any advice on how to market this to a "Live in Flip" or a fixer upper (NON INVESTOR)?  Every realtor that we talk to wants to try to buy it to flip on their own or they do not have any clue....pretty frustrating to say the least.

It would be a great deal for someone to buy it and put in their own labor and less than $30k in materials and have a home with some equity.  The problem is I have no idea how I market this?

Any help anyone??    I know investors would gobble it up because it is in a great neighborhood with great comps etc.

Anyone have any experience with marketing to a non-investor, non retail buyer....? List it? etc.

Thanks in advance!

Most Popular Reply

User Stats

415
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487
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Jim D.
  • Investor
  • United States
487
Votes |
415
Posts
Jim D.
  • Investor
  • United States
Replied

If you are selling it as-is anyway, why do you have a preference whether a realtor, investor, etc. buys it instead of an owner-occupant who fixes it up? Are you thinking that the "owner-occupant handyman" you describe would give you a higher price?

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