Re:Apartment Rents Fall as Crush of New Supply Hits Market
by bombcar on Tuesday February 28, 2023 @09:41PM
(#34978109)
Find something with a flaw that can be mitigated for $100k maybe. Like a foundation issue or something.
[ Parent
| on HN ]
Re:Apartment Rents Fall as Crush of New Supply Hits Market
by disantlor on Tuesday February 28, 2023 @10:03PM
(#34978255)
from personal experience... i would be careful with that idea. at least in NYC anything that seems like it surely cant cost more than 100k will cost you 250
Re:Apartment Rents Fall as Crush of New Supply Hits Market
by bombcar on Tuesday February 28, 2023 @10:08PM
(#34978298)
Yeah, you really need to be certain on the cost.
Re:Apartment Rents Fall as Crush of New Supply Hits Market
by zbrozek on Tuesday February 28, 2023 @11:24PM
(#34978748)
It's CA. It's $100k in fees and professional services before you even move a single atom. Don't buy anything in that state with the intent of improving it. Live in something nice and run away before it needs any work.