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Anyone have experience renovating absolute run down homes?

WJK

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Frankly speaking, I consider that when you buy a house, first of all, you must buy a place where is a really good neighborhood, transport interchange, far from the road and crowd, preferably in a park area and with a good view from the window. You must think about your security and health.
IF you are going to live there... and IF you have the resources to live in that neighborhood... IF you plan to stay there for a while...

As a RE investor, I have bought tons of houses in bad neighborhoods. I cut my RE teeth on that class of properties. Now I would look for the kind of things you're talking about. But, I am years from where I started. If had not taken that path, I wouldn't be where I am. Those houses were stepping stones in my journey toward a better life.
 
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Guest-5ty5s4

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IF you are going to live there... and IF you have the resources to live in that neighborhood... IF you plan to stay there for a while...

As a RE investor, I have bought tons of houses in bad neighborhoods. I cut my RE teeth on that class of properties. Now I would look for the kind of things you're talking about. But, I am years from where I started. If had not taken that path, I wouldn't be where I am. Those houses were stepping stones in my journey toward a better life.

big Fastlane lesson here about how those on the Fastlane are willing to go places that are dirty and ugly while those on the slow lane or sidewalk go straight for the pretty, finished, nice stuff... while using credit to pay for it all ;)

thing is, making money isn’t always glamorous. It takes hard f*cking work. Oftentimes you gotta work somewhere that isn’t pretty to make the big bucks to live somewhere that is.
 

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