Real Estate Investing and Code Compliance
Here’s a place to look for deals that other people probably aren’t even thinking about. It’s called Code Compliance. What the heck is Code Compliance? The Code Compliance Department of every city and county in the United States issues “compliance citations” or “fines” on properties that may be abandoned, or have high grass or vegetation, broken windows, collapsing roofs, large amounts of trash or abandoned cars, etc. These kinds of situations attract complaints from neighbors in the area. They are not only unsightly, they represent a potential safety issue if kids start playing around them.
Why do I want to mess with a code violation house? Isn’t it just a piece of junk? Maybe not. Perhaps the house is okay but the yard is trashed real bad. Even if the house is a complete junker, don’t worry. What we’re addressing is the fact that these houses rarely have any other investors looking at them. That means you’re dealing with NO COMPETITION. These houses typically belong to motivated sellers who don’t know what to do. A typical fine for just cutting the grass and removing debris is around $500 per violation. As the fines pile up the home owner (who may be out of town) may not have a clue what to do. They may want to sell but only know how to call a realtor to “list” the property and may not get a warm fuzzy from the realtor due to the condition of the house. These home owners are looking for a solution to their situation. This is where you can help them and make yourself a pile of money. The way to make money is to find a problem and then find the solution to that problem. People will pay you big bucks for the answers to their problems regardless of the field. It could be real estate or how to make a car that runs on water, or how to get tough stains out of clothes, or how to write blogs , or how to meet people, or how to wash your dog and not get wet or ………………………… Okay, you get the picture. On this site we deal with helping the homeowner get rid of a real estate problem and you get paid handsomely for it.
If you go to check out a code compliance house, take a friend (the house may have “squatters”). Also take a flashlight, bug spray, boots, camera, hammer, pry bar, and a hat just to mention a few things. A complete list is spelled out in the training package at Get Paid to buy Pretty homes in your area now! This package covers how to acquire pretty houses and the ugly dog house. There’s money to made in each category. Don’t get hung up on an ugly house that reeks of cat urine. That is the smell of money. The more it smells the more you’ll make. One of the first houses I bought and flipped, had cat urine odor so bad the person looking at the house to possibly buy it, had to leave after 30 seconds inside. I didn’t know he left the house because my eyes were watering so bad I could barely see. Two weeks later that same person bought the house and I made about $15,000.00 net. Do you know how many eye drops you can buy for $15,000.00?
Had you ever thought about looking at code compliance houses? Look where there is less competition. Get some training. Order this package Get Paid to buy Pretty homes in your area now! It’s embarrassing how inexpensive it is to order. Remember: You don’t know, what you don’t know. Get educated, trained.
Your comments are always welcome.
ps The stock market dropped about 10% in the past 2 days. Real estate didn’t. Hmmmmm!
