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All Forum Posts by: Samantha Kohn

Samantha Kohn has started 1 posts and replied 2 times.

Quote from @Carini Rochester:

Do you want to take the route that gives you the most dollars per hour, or the one that gives you the most dollars?


 Good question... Selling "as-is" is obviously the easiest with minimal work required.  I would prefer not to be a landlord, especially since I live 2 hrs away in NY, but it is technically doable. Basically, I want to make a smart financial decision. I am not sure, to be honest. I would hate to already have a house available to me to invest in, and not take advantage of the area that it is in. Meaning, could a $50,000 investment equal another $150,000 in sale price? Am I thinking about this the right way?

Hello. I am new to this forum. My mom is the owner of a small (3 beds, 1 bath) home on two acres in a very coveted area between Great Barrington and Sheffield, MA. The house has sat abandoned for many, many years. We just put in a new well, water pump, and electric panel. We met with a real estate agent, who suggested that we sell it "as is" which may earn us $200,000+. However, I keep feeling that we are missing an opportunity to make money off of this house because of the location it is in. My question is... Should we avoid the hassles of trying to fix up the house and just sell as is, or fix it up and rent it out for generational income, or fix it up and sell? Thank you in advance!