Investment Info:

Single-family residence fix & flip investment.

Purchase price: $56,000

Cash invested: $20,000

3/2 1488 sq ft. on a 1 acre lot

What made you interested in investing in t...

I have desperate family member who is frantically trying to sell property that has been in the family a few years post slavery, over the years we’ve gone from over 400 acres to now a measly 15 acres including the family cemetery and in danger of losing even that, it’s common practice for big Ag farmers to offer elder or struggling members of the community pennies on the dollar for land and successfully grow and grow their expanses.

When I drove by the property I realized it was across the street from a cemetery.

Probably well over a hundred bodies could be found at the foreclosure cemetery over last 3-4 years of the rehab boom in Austin.

A good deal is about what area the house is in, what location, is it next to a high way, is it next to a cemetery with half naked goals roaming around.

One block from the cemetery. 

It is on a neighboring property that happens to be a cemetery.

Behind the backyard is a cemetery, I’m not really religious.

I just had a referral for a group that wants to do a funeral home/cemetery and I had to pass.

families dont pay the church, pay the cemetery, pay the limo driver.