Quote:
|
Originally Posted by Alex From San Diego
I just picked up this shithole yesterday for a cool 469k in a neighborhood where homes are 800k+
My home is just up the hill. I'll dump 150k into this dump and make it a 2 story home with killer views of the bay and bingo can turn around and sell it for 750k without a problem. People have been telling me about this bubble since 01. I'm glad I didn't listen to them. You can't buy to just buy. You need to buy right. |
Are you going to do most of the work yourself or with guys that you know in the building industry to make keep the costs of the upgrade as low as possible. I've seen guys do what you're doing... and many times they're builders so they can do the upgrade fast and save on huge labor costs.