Can anyone tell me how to obtain abandoned properties for cheap? Buildings, warehouses, lots, please help.?

Answer 1

if you want cheapest, you should hire yourself an exclusive buyer broker that you pay per deal. then you drive around (or not) choosing what looks like a piece of junk and give her the address. make sure she is experienced in investment real estate and has done not millions and millions per year, but has done many of the type you want over her career. make sure she explains what agency is, to you. always carry a blank check, for earnest money. it could be there for a blink of an eye, then be gone. that is how fast the good ones get away.

i do hope you know what your preferred locations are. i also hope you know what you plan to do with the properties, and how to get the financing to do them. if you don't you need to meet with different converters and ask them how they began and what they did.

i also hope that you are quite aware that if you just hold onto them without immediate development, you will footing all the taxes and any other expenses, such as fixing a code violation.

my very best advice: get a Realtor that has done a whole lot of this type of deal(s)!

Answer 2

Where I live they place them in the listings in the newspaper to be auctioned off.You know the small print ads nobody ever reads.