- Joined
- Jan 9, 2008
- Messages
- 196
Go to www.mls.ca and see...
Catch is that they have to be moved... a house only! At the lake project where we are building our "flip" cabin, a number of people have gone and purchased old homes to be moved onto their lake lots and remodelled. (Most of them seem to have regretted not building a new one from scratch or a rtm - ready to move home)
I was thinking about it as a future project with some JVs. A $15K house, the house move around $15K to $20K to a small town outside of Calgary or any major city where you can find a lot. $40K for the lot and add $25K for reno work, $20K for the basement and sell for $200K+... (my disclaimer: using figures off the top of my head)
Has anyone done that type of real estate investing?
Catch is that they have to be moved... a house only! At the lake project where we are building our "flip" cabin, a number of people have gone and purchased old homes to be moved onto their lake lots and remodelled. (Most of them seem to have regretted not building a new one from scratch or a rtm - ready to move home)
I was thinking about it as a future project with some JVs. A $15K house, the house move around $15K to $20K to a small town outside of Calgary or any major city where you can find a lot. $40K for the lot and add $25K for reno work, $20K for the basement and sell for $200K+... (my disclaimer: using figures off the top of my head)
Has anyone done that type of real estate investing?