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Updated over 2 years ago on . Most recent reply

User Stats

508
Posts
26
Votes
Antonio Bodley
  • Alabama
26
Votes |
508
Posts

Should I care or leave that up to the end buyer?

Antonio Bodley
  • Alabama
Posted

Should I care about buying homes in awful condition and in poor locations as long as there is an end buyer that buys junk homes in poor areas? My thing is this. If someone buys and rehab a junker house in great condition surrounded by junk homes on that same street, who would want to live in a nice home in a poor area? Wouldn't that just bring the property value way down on the newly renovated house?

Most Popular Reply

User Stats

198
Posts
136
Votes
Michael J.
  • Real Estate Agent
  • Greenville, SC
136
Votes |
198
Posts
Michael J.
  • Real Estate Agent
  • Greenville, SC
Replied

I would work on getting the rest of the houses under contract and seeing if the end buyer wants those as well.  Somebody will eventually do it if you don't.

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