Posted by Ray(OH) on November 02, 1998 at 05:59:48:
Hi Scott,
I am located in the cleveland area of Ohio. This property is on the east side of town, in a decent part of a rough area. To give you an idea of the area, my brother and I have a policy of not “driving the neighborhood” or “inspecting properties” past 5:00 pm. It has been vacant since mid summer and I would consider it’s current condition as unrentable. A few months ago I would have considered it uninhabitable, however, I have recently been inside an occupied house that was in worse condition.
As for the Realtor, they deal in “wholesale” properties for investors.
As for the property being a “Real Fixer”, our objective with the duplex was to rehab it if we couldn’t flip it to another investor in a week. Our rehab plan consisted of:
new roof, siding, asphalt over existing concrete driveway,storm windows, doors, 2 kitchens, 2 baths, 2 furnaces, 2 water heaters, glass block windows in the basement, patch and paint walls, re-glaze existing windows, carpet and vinyl the floors, new electrical system, new light fixtures/switches/plugs/cieling fans, some new landscaping and a for sale sign. In other words, a "Real Fixer"
Feel free to e-mail me if you have any more questions.
Ray