I attended a Real Estate Investing conference this past weekend...trying to get my motivation back for This Old House (and possibly some Other Old Houses...I'm not through yet!!!). I'm a stubborn cur sometimes. (my husband would scratch out the 'sometimes')
Here's what was funny. Kinda. Our speaker on Sunday had a short segment called, "Houses NOT to Buy". My rehab house met ALMOST ALL OF THE CRITERIA. Hello? No wonder it's not selling (well, other than a flaky realtor, recurring plumbing problems, no parking, blah, blah, blah).
It read like a laundry list: Avoid houses....
-on a busy street (check!),
-with steep front yards with stairs (check!),
-with no driveway (check!),
-no off-street parking (check!),
-bad neighborhood (check!),
-no garage (check!)
-over 30 minutes drive from your home or office (check!).
Jeez. I really know how to pick 'em, huh?
But, ever the eternal optimist, here's my take-away...
I'VE MADE ALL MY MISTAKES WITH THE FIRST HOUSE! Yee-ha! What an over-achiever, I am. Now I can relax.
I know...I'm goofy. Duh. Check out the name of this blog. It's named that way for a reason.