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Updated over 11 years ago on . Most recent reply
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Target properties
I have found several homes in zones 3 and 4 neighborhoods that could possibly be candidates for rehabs. The problem is that there is so much overgrowth that it is impossible to get close enough to do an inspection. In one case, the house is brick, 3 bedrooms, 1 ½ baths, central air & heat with a 3 car detached garage (based on 2013 tax records). The shrubbery, etc. cover some of the windows, the grass is waist high; however, the roof looks good. Should I pass on these or do more research?
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I target these properties, and have great luck with the sellers being motivated. The FIRST thing you tell them is "I talked to your the residents next door and they are very upset about the condition of the property, mice, snakes and etc..." I Tell them if we can agree on a price I will have someone over their to cut back the grass and clean it up a little for free. I would hit them hard these people are usually very motivated to sell, the condition of the property means you can ask less for the property, Due to work, and unknowns and just explain that to the home owner. Then warn them if they do not do something they may face fines or action by city/county.