Flipping and Theft

[Gregory Childs]

So here's my dilemma. Normally to reduce DOM we include really nice appliances, or we stage the property, or we include some "bling" type features to make sure our rehabbed properties get on our retail buyer's short-list.

However, in our Atlanta area homes we have had some serious theft incidents (even in nice neighborhoods) - all of our properties are alarmed, but that doesn't deter them. We've lost appliances, fixtures, AC units, etc. It has become such a problem that we decided to strip the properties of items that might attract a break-in.. but now our DOM are starting to increase because the properties don't show so well.

I understand that theft is a cost of doing business - but is anyone facing these issues and how are you "incenting" the buyers in ways that may be less attractive to thieves but just as motivating to the retail buyer so our days on the market keep low.

Thanks, Greg