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Updated almost 6 years ago,

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Michael W. Murray
  • Rental Property Investor
  • Military Installations
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1
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Is everything truly for sale

Michael W. Murray
  • Rental Property Investor
  • Military Installations
Posted

Have a look at 854 Rosecrans St., San Diego, CA 92106. It is a shack sitting on top of a gold mine (figuratively). I pass this home every day. I have never knocked on the door, but I have been close enough to see, among other travesties, bees swarming in and out of the walls of this home. The location, however, is a million dollar piece of real estate. What are the best resources to use for investigating this (or any) property to determine why a dilapidated shack sits atop prime real estate? Will a visit to a tax office reveal problems with the land such as zoning or poor foundation? Will trip to the courthouse reveal that rival siblings inherited the home and can’t agree on terms for selling the property? I feel as though I have found a buried treasure but I don’t have a shovel to dig it up. Please help.

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