You know that creepy home you’ve always wanted? It’s for sale.
This “gem” is from a recent Craigslist post by an owner trying to FSBO his home. I’m always on the lookout for a fix-n-flip, but I think I’m going to pass on this one.
It’s important in real estate investing to know your limits. Figure out the type and size of project that you would be willing to take on before you start looking. Otherwise, you’ll rush yourself and overlook obvious things just because you’re so anxious to get started.
I bought a creepy home once. It sent chills down my spine every time I walked through the door. I would buy a lot of different homes, homes that need work, homes with structural damage, homes with bad neighbors or even backing to a busy street. But from now on, I’m going to draw the line at creepy.
