Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

Lakefront BRRRR
My family has a small house that is quite close to a pond in Maine. It has been vacant for 40 years and I fully expect it to be a tear down. Because they wouldn't let you build there now, the most valuable part is the hole in the ground. Has anyone dealt with shore land zoning here in Maine? I'm trying to start working up the numbers to see if it's feasible.
Most Popular Reply

Andrew,
Usually with all of the setback and shoreland zoning requirements, if you have one wall standing, you can work from there and rebuild. If it is literally a hole in the ground and dependent on the distance from the high water mark, you may have problems...