Author Topic: A New Stinker (Read 245 times)

Sean · « **on:** February 10, 2012, 01:52:45 AM »

Whoa... This gem is just a block away from my personal residence.. manufactured 2/2 1600 sq ft 1/3 acre lot..

(Sorry, but you are not allowed to access the gallery)

When I picked the back door I got hit with the familiar smell of foreclosure... PLUS "poop".. Way bad. I am guessing someone passed away and the heirs just took the good stuff and walked away leaving the rest..

80 yards of trash, a ton of homeowner special decking and lean-too sheds to get rid of.. Plenty of rot.. Paint, carpet, appliances... Purchased for around 30k.. Invest around 20, should retail for 80.. Too thin to be a great deal for us.. But there is a little to be made..

http://askthelandlord.com/forums/media/?sa=album;in=78;nw;start=0

Jeremiah(IN) · « **Reply #1 on:** February 10, 2012, 06:02:45 AM »

Looks like a project for sure.

It reminds me of the one I looked at yesterday and made the mistake of opening the refrigerator!

gevans · « **Reply #2 on:** February 10, 2012, 07:38:34 AM »

The smell of money! Especially if you don't personally have to deal with it.

Several years back we had a tenant pay the rent Aug 6 and move out Aug 7. I did not discover the vacancy until Labor Day Weekend, a month later. There were several 100 degree days.
Yes, the power was shut off on the 6th. And yes, you already know the fridge was left brimming full.
I duct taped it and hauled it outside without opening it. I was gonna haul it to the dump without even opening it, but a couple of guys stopped by and asked if they could have it!
Oh yeah buddy, let me help you load it up!

Josh · « **Reply #3 on:** February 18, 2012, 07:32:04 AM »

bless you for seeing any money to be made from this sinker IMO after looking at this pic. YIKES!

http://askthelandlord.com/forums/media/?sa=media;in=876;preview

Steve-WA · « **Reply #4 on:** February 18, 2012, 03:16:49 PM »

thats a pretty easy fix - tear the deck down and rebuild

Sandy in SC · « **Reply #5 on:** February 18, 2012, 09:52:12 PM »

I know where you can get some wood for it

Lori (NV) · « **Reply #6 on:** February 20, 2012, 04:26:10 PM »

The main work is going to be cleaning up and tearing out. I don't envy that. But something like that here fixed up on a 1/3 acre would easily sell over $100,000 unless it's not on a foundation. Is it on a foundation?