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Updated almost 9 years ago on . Most recent reply

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Trevor Ewen
  • Rental Property Investor
  • Weehawken, NJ
704
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Demolition, Getting Creative

Trevor Ewen
  • Rental Property Investor
  • Weehawken, NJ
Posted

Interested in hearing stories from people who have bought a property just for the lot. I can probably get the prices where I want them, but then there is this demolition cost I wouldn't know how to estimate. 

On the other hand, I could imagine many cities have incentives to help with demolition. Any stories? Bonus points for anyone in the Virginia (Richmond, specifically) market.

Most Popular Reply

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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
Replied

If there is enough room between structures you may be able to take advantage of this strategy:

https://www.biggerpockets.com/blogs/4527/44793-i-b...

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