

Disappointed
My husband and I spent the day in Indianapolis looking at some homes that wholesalers have advertised in the area. Man, my heart is breaking. You see I guess why I have been seeing a whole lot of advertising about wholesaling is because you really are not "doing" anything. I mean the pictures of the houses that were on the ads, I have now realized are from Google street view, and NOT a current picture.
There were houses with gutters falling off, holes in windows with vines growing inside. The places were trashed. Not livable in my view. With signs tacked to the falling off siding saying "Rent To Own!" I am thinking "Bulldoze!"
I mean does anyone stop to think about the people living next door? Some of these dumps have trees growing right up against them, over grown yards and trash in the yards. Next to them are people who are trying to make their homes look nice. The signs are tacky and tasteless to say the least. Not to mention an insult to those people who might be able to afford a home in these neighborhoods. What does all that say to the people you are trying to sell your home to? You are worthless so here is a worthless house?
Man it makes me mad! Some of these people are working two jobs and some are single moms, elderly people who have lived in these neighborhood for years and see the slow decline. If you couldn't afford a home more than 20-30k and are driving around looking, what you think? That you don't deserve a nice house? That you have to live in a dump and raise your kids there? It's not right. I can't understand that.
I guess the wholesalers are buying from each other, and the rehabbers have all died! Who is making homes livable? Who is actually caring about the people who can't afford a $50k house so they are stuck with a house with vines growing through the window with a trashed out house next door?
I am just ranting I know, but it makes me sick. It boils down to greed. Just selling paper and not caring about the people living next to these dumps. Just makes me upset.
Comments (1)
Trish - not sure if you are still on the site or not but I can't agree more! We are trying to get a group of like-minded investors together the 3rd Saturday of every month at the Scholar's Inn Bakehouse on 3rd St. Here's the details and hope to see you there!
http://www.biggerpockets.com/forums/48/topics/218312-bloomington-in-meet-up-and-mastermind
Thomas Landis, over 9 years ago