How I got rid of a money pit

How I got rid of a money pit

San Antonio, TX · Member since 2016 · 91 posts · 23 votes
Hey everyone! I recently bought my first house and I'm going to flip and hold it. My girlfriend and I hated the shed in the backyard (that took up about 1/3 of the usable space). So we tried to figure out what to do. - throwing it away would be wasteful and expensive Or - keeping it would involve dumping money into it to fix it and make it look halfway decent and it's just something else a tenant can break So we had the bright idea to post it on craigslist for "free to whoever can take it safely". I had people blowing up my phone to come and see it. We got rid of it two days later to a happy family that needed it. We had them sign a liability waiver and "supervised" as he took it apart and loaded it up on his truck. They were just as happy as we were. If you're trying to get rid of something big or ugly (or both) just remember that there are recyclable opportunities that are good for your wallet!
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  • Northern, CA · Member since 2014 · 674 posts · 444 votes
    9y

    I agree, we have a local "free cycle" that I've posted stuff on and people come running for it.  I can't stand clutter, if it's not getting used it's gone so some people have got some very nice stuff!

  • Andrew SyriosPro Member
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    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    9y

    Free is often a very enticing price. We do this kind of thing with appliances all the time by having scrappers come take the old junky appliances for free. It's definitely a good way to go. 

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