Feel free to keep us updated on your findings here.

You made a verbal agreement to cancel our contract that we had.

I bet we would have made around $100k as a wholesale.

I sold rights to strip it to a reclamation co., than sold the approved ready to go deal with plans to a builder who completed the redevelopment and made themselves a nice penny also.

And, I think its fair to say that we all may forget what people say or the information they provide, but we all never forget how someone treated us and made us feel! 

I think new builds don't really work from an ROI standpoint, but if you can find properties that have easy ADU conversions then the value might be there.I'm in MA and we just made ADUs legal by right, so I'm looking into the best ways to add value using them.

Feeling good after reading Naresh's post.

I also feel confident with his staff, which is readily available and courteous.

If we were not able to raise the price of our homes by 20% or more we would had to stop.. my LORI plan started at 600k sold two of them and made our normal 100k net.. last loris I sold 36 months later went for 850 to 900k and we made right at 250k NET on those ones.. so it was very specific to plans that CASH buying empty nesters wanted ..

And.....”preREO”...just another goofy a$$ made up marketing term.