Options for Securing Vacant Property

Posted on: September 15, 2009

Categories: Fix, Ideas

Author: buyfixandprofit

Flipping properties in rough neighborhoods can be quite aggravating and costly if one does not take the proper precautions to secure the property during and after the rehab is complete.  Depending on the crime rate of the neighborhood, choose the option that makes the most sense for your area.

Electrocution (check with your local zoning laws first)

I came up with this brilliant idea after my first break-in.  My first home rehab project was completed the day before Thanksgiving in ‘01.  The very next day, on Thanksgiving, I received a call from a fellow investor informing me that the back door to the house was wide open.  Upon arriving at the house, on Thanksgiving night, I found that all the copper plumbing was ripped out of the basement, along with the kitchen counter tops, kitchen cabinets, furnace, and the toilet… Read the rest

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • LinkedIn
  • RSS
  • Twitter
  • email
  • MySpace

What do you think? [ 3 Comments » ]