
21 June 2015 | 6 replies
BP is a treasure chest full of resources.

17 June 2015 | 8 replies
One of my wife's uncles was in charge of one of the properties which is zoned for commercial/residential, it is a 1708 Sqf office space/small warehouse on .36 acre lot.Which with some research it can be split into 2 lots.He let the property go to the dump, needs a new metal roof, and gutted, replace plumbing/bathroom, replace electrical etc...Now my wife’s Aunt is in charge of the estate and she was the one who approached me.She said they will "sell" me the property for $30K (estimates from Real estate agent say property is worth $43-$53K in current condition) Which then I could clean the property up and try to resell with the improvements.Now if I did replace the roof make the inside look nice and clean the overgrown landscaping I was told (real estate agent) it could get about $60K, but there are back taxes and liens on the property as well.Plus closing cost for when I sell it, I have run the numbers and it seems that I would MAYBE make $3000-$9000 conservatively.But I am real concerned over the fact that it is used as an office/commercial, and wouldn't this limit buyers?

17 June 2015 | 12 replies
@Nathan FoxBP is a treasure chest full of resources.

19 June 2015 | 4 replies
@John O'LearyBP is a treasure chest full of resources.

26 June 2015 | 18 replies
@Jane DunnBP is a treasure chest full of resources.
20 June 2015 | 7 replies
@Nicholas GiordanoBP is a treasure chest full of resources.

24 June 2015 | 10 replies
@Terry McCoyBP is a treasure chest full of resources.

20 June 2015 | 3 replies
BP is a treasure chest full of resources.

20 June 2015 | 6 replies
Thoughts on using metal roofs, stained concrete floors, quartz counter tops etc.
22 June 2015 | 7 replies
BP is a treasure chest full of resources.