JB4310
Super Member
It is a neat looking house to restore though. Assuming it's structurally sound and you don't mind the work that will be involved...might not be a bad deal.
Are you (or your brother) planning to live in the place?
Yeah it's great looking house and with some land too.
Looks like all brick ? Great potential there. I'm pretty sure I would buy, but not as an investment
I bought both my houses from certified hoarders. My first one, I had a 30 yard dumpster delivered while I was at the closing. When I came back and saw that huge dumpster, I thought it was too big. but I filled to the point the truck couldn't get it out of the driveway with out me holding up the wires with a wood pole. Then I filled another whole 30 yarder and still had a pile of junk.
My second house, Which I live in now was even worse, this guy hoarded everything from light bulbs, to motor oil to paper towels. People who grew up in the depression never forgot it. He had over 20 televisions, some brand new in boxes, and every issue of playboy magazine
This guy was fairly well off and had 2 caddys and 2 Lincolns in the yard and a lincoln in the garage with 18 miles on it! I spent 8 months and $100,000. working on this house.
Cleaning up an old place is the easiest sweat equity you can get out of a property.
JB