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Quick Navigation Bottom Misc
Forum » Miscers, is this a good investor home to fix and flip?
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Thread: Miscers, is this a good investor home to fix and flip?

post 1646775033 09-10-2021, 02:32 PM
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Miscers, is this a good investor home to fix and flip?

looks like it needs a little DIY and something is wrong with the sink, maybe the hole is clogged

https://www.redfin.com/FL/Holiday/34.../home/48370324
post 1646775143 09-10-2021, 02:34 PM
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strong troll or strong unaware

sinkhole of peace
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post 1646775423 09-10-2021, 02:38 PM
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Originally Posted By helpmee⏩
strong troll or strong unaware

sinkhole of peace
so you think i should be in a low ball offer at list price or only go 10% above list?

luckily still at that price with the reverse mortgage i qualify for I can buy and have plenty left over so i can fix it up easily
post 1646775503 09-10-2021, 02:39 PM
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Is that LinuxJon's old house?
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post 1646775643 09-10-2021, 02:43 PM
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whats the average
rate of the same size house
price?
what is the margin between buy-fix sell
if its low avoid...also is the neighbor
safe? has the utilities maintained?

do they have
the 2012
propaganda speakers
that bodcast live podcasts
about the "end is near" topic?
post 1646775943 09-10-2021, 02:47 PM
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lol you know we hit the top when phaggotslike OP are asking about flipping an absolute piece of chit sinkhole house like this
post 1646776283 09-10-2021, 02:50 PM
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Originally Posted By GainzMcgee⏩
lol you know we hit the top when phaggotslike OP are asking about flipping an absolute piece of chit sinkhole house like this
teh way i see it if there's a sinkhole under the house it's an easy basement project

dont hate the hustle
post 1646776703 09-10-2021, 02:59 PM
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Offer 10k for it.

Mow the lawn put some cheap paint on it and sell it for 80k sinkhole house
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post 1646866653 09-12-2021, 02:12 AM
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Originally Posted By Kiop⏩
whats the average
rate of the same size house
price?
what is the margin between buy-fix sell
if its low avoid...also is the neighbor
safe? has the utilities maintained?

do they have
the 2012
propaganda speakers
that bodcast live podcasts
about the "end is near" topic?
sinkholes cost about 200k to fix properly, usually requires pumping 40 trucks worth of concrete in the hole. All of FL land is basically a floating rock with caves filled with water underneath it. If for any reason the water dries up they collapse so you have to pump concrete deep
Originally Posted By multiplemiggs⏩
Offer 10k for it.

Mow the lawn put some cheap paint on it and sell it for 80k sinkhole house
saw one how like that where the roof was caving in, they just paint over the obvious bulging in the roof with white paint
post 1646866773 09-12-2021, 02:18 AM
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#10
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Originally Posted By Azrairc⏩
sinkholes cost about 200k to fix properly, usually requires pumping 40 trucks worth of concrete in the hole. All of FL land is basically a floating rock with caves filled with water underneath it. If for any reason the water dries up they collapse so you have to pump concrete deep
assuming you bought
the house @ 44k
fixed for 200 k as you forecasted

do you think youll
be able to sell it for 260k or 280k?

are you sure the sinkhole is that
big? if so the house cost should be halfed
the same goes for the land ,both would cost 10k
like michigan abandoned house.
post 1646898173 09-12-2021, 03:57 PM
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Originally Posted By Kiop⏩
assuming you bought
the house @ 44k
fixed for 200 k as you forecasted

do you think youll
be able to sell it for 260k or 280k?

are you sure the sinkhole is that
big? if so the house cost should be halfed
the same goes for the land ,both would cost 10k
like michigan abandoned house.
'doesn't matter if you fixed it 100% perfectly

disclosure history will scare off buyers, that and the structural integrity is likely compromised so 200K + the cost of building a new house

original owners probably took the payout and ran. The property isn't worth the tax bill
post 1646898373 09-12-2021, 03:59 PM
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The neighbourhood looks rundown. Might be hard to get your money back if you had to dump a bunch of cement down the hole and then renovate
SPOT SOLD TO FROGTECH - 100% NATURAL GENETIC FROG FIBRES

see Krackerjacked's sig

never underestimate the slootiness of a sloot
-DrugsToGetBig

ratchet girls love the ebt flex
-havoc00
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