Quote from @Natalie Allie: If you are still considering the Land Bank in Detroit listings, just be careful to check with the city on whether or not the water needs to be reconnected.

Challenge is that I have an exclusive agreement with the seller because they wanted to list it, but changed their mind.  

BP Community:I’m building out a list of videos that will highlight the economic development in the specific cities/towns we invest in.

The rehab estimate seems very low and the ARV seems really high in my opinion, just based on a tiny bit of research looking at what this property was listed for recently (it hasn’t sold), and what the surrounding similar properties are worth (~$250k).

A close friend of mine worked with a client who snagged a few acres just outside of town near the North Platte River.. it didn’t show up on the usual listings, but popped up through a local contact who’d been hinting at a seller looking to keep things quiet.You mentioned it’ll be a three-year timeline.. that’s actually not a bad window.

Owners are able to list their personal contact information, but I believe there is a stipulation that the contact must be local to the property4.

A recent article by BP: "Top 5 Alternative Investments for Real Estate Investors in 2024," which was sponsored by "atminvestors.com," listed the #1 Passive Investment opportunity as ATM investing (of course).

Look at the third listing with my name. 

It's just a list like any other that you can pull for free in many places.

Listed at $209,000 was able to negotiate down to $176,000.Plan to total gut and give this old beauty a 2025 face lift!!