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Updated over 2 years ago,
Churches are they a good oportunity or a bottomless money pit?
My dad was driving the back way down to Portland I believe, I don't remember the exact town. He saw an old church that looked to be unused and stopped to ask questions on my behalf. My step mom loves converted church houses and I agree they have a lot of character I really love working on unique old houses in my remodeling business. However the older and more unique a house is the more work it may need. Also does an oddball house sell or rent well or does it limit your buyers too much?
I have been working in the industry a long time but I'm still new to investing.
It turned out that the owner who lived next door would only let his son do something with it if he let anyone work on it. What would folks do to politely keep the opportunity open if he or his son change their minds in the future?