Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

1,055
Posts
804
Votes
James Mc Ree
  • Rental Property Investor
  • Malvern, PA
804
Votes |
1,055
Posts

Property salvage in Monmouth County, NJ

James Mc Ree
  • Rental Property Investor
  • Malvern, PA
Posted

My partner and I purchased 2 properties along the coast in NJ.  Both are tear downs.  I am wondering how I might go about determining and marketing anything of value in them.  I am not looking to put a lot of work into it as it could be more trouble and time than it is worth.  Any advice?

Both properties are victims of hurricane sandy.  NJ requires the properties to be elevated prior to occupancy which is not practical.  They don't appear to be in especially bad shape, but were condemned.  I haven't been in them in-person yet.  I plan to visit this weekend.  My partner is my boots-on-the-ground.

I am thinking there are probably two categories of value: commodities and finished products.  For commodities, I am thinking bulk copper and anything else of value.  Finished products would be cabinets, appliances, mechanicals, fixtures, etc; all subject to having a used but marketable condition.  I should have some pictures available in about a week if that helps (I am sure it does).

My only ideas so far are ads in Craigs List and similar and asking contractors I know for interest.  Then, I thought, BiggerPockets would know...!

Loading replies...