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Updated about 5 years ago on . Most recent reply

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13
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Ira Sullivan
9
Votes |
13
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Has anyone ever purchased or wholesaled a Historic home?

Ira Sullivan
Posted

I’m just getting started in my wholesaling business and a potential client home is designated as a historic home. Does anyone have any experience dealing with a historic home and how can I convince the owner to wholesale it to me?

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Account Closed
  • Riverside, CA
296
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412
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Account Closed
  • Riverside, CA
Replied
Originally posted by @Cynthia L. Smith:

@Ira Sullivan Also, you can check with your local Historic Society or the municipality’s historic division. There are specific requirements in restoring such homes.

 I bought one as a Turnkey in Historic Phoenix and it is in high demand for AirBnB. It had already been rehabbed so that might make a difference in the process. But, generally check and see if there are restrictions for what you want to do and see if there are attractions in the area that AirBnB would work for.

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