Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Wholesaling
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 almost 12 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
Betty Gradney
  • Wholesaler
  • Houston, TX
0
Votes |
8
Posts

Target properties

Betty Gradney
  • Wholesaler
  • Houston, TX
Posted

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?

Most Popular Reply

User Stats

34
Posts
5
Votes
Daniel Kowal
  • Eastern NC, NC
5
Votes |
34
Posts
Daniel Kowal
  • Eastern NC, NC
Replied

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.

Loading replies...