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Does anyone know anything about real estate development?
#9

Does anyone know anything about real estate development?

Quote: (03-08-2016 08:58 PM)BortimusPrime Wrote:  

There's just one existing structure on the front half, and I'm surprised it hasn't fallen down yet. Currently it's pulling just enough rent to pay off the property tax. The back existing structures aren't really designed as dwellings: one used to be an art studio and the other is essentially a tiny apartment on top of a tool shed.

As far as ownership goes, it's either manage it on my parents' behalf now or do it myself later. No siblings so no fights over inheritance, and I have a good relationship with my parents.
Sounds like a dream!! Like my dreams I'm always falling into either homeless usually in or on the Ohio river or getting some great place in the Sierras.

How bad are the buildings that exist? Are they in a desireable area if they were fixed up? Building new means new codes and a bunch of dick haters breaking balls.
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