Tag: distressed properties

This Old House

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This Old House Made Me Want to Run I bought this old house in March, and began demolition on it in April. We are in on this house a month and the going is slow. I haven’t been too worried about the time because I bought it on 100% owner financing at 0% interest. The … Continued

Investing in Working Class Real Estate

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In his recent article Here is How to Find Market Deficiencies, W. Eddie Speed, owner and president of Colonial Funding Group LLC, breaks down how investors can safely make a profit from distressed assets. Speed says that many properties are undervalued.  “How could you look at that neighborhood and say it’s (the property) only worth … Continued

Good News from the War on Zombie Properties

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Good News from the War on Zombie Properties In his article “Breaking Down Blight”*, Robert Klein heralds the use of polycarbonate clearboarding to be a turning point in the national war against the blight of vacant and abandoned properties. “One of the most significant changes that built positive momentum in the fight against blight occurred … Continued