We’re busy looking for our new renovation project, so I thought I would show you some photos of some of the properties we’ve looked at recently!
We’ve been putting many offers in; some on properties on the market, and also on some off-market properties we’ve been marketing for. Some of our offers have been beaten by others, rejected, or are still pending. Some of the properties we just couldn’t take on; just too much work needed, but not enough return potential in them. It’s all a numbers game, and it’s critical to stick with our numbers to minimize our risk. Otherwise it’s possible to lose money on a project which is far from ideal!
Here’s one we’re looking at: It has very good bones, but needs some maintenance caught up, and some updating. Possibly some moisture damage remediation as well.
Here’s another one: It actually has a very nice ocean view, but definitely needs some maintenance caught up, and some updating. And some tree trimming!
Here’s one that we looked at, but it just needed too much work for us to take on – needed a lot of foundation work and would actually be cheaper to tear it down & start again. Unfortunately we just don’t have the bandwidth for such a project at this time. This interior shot sums it all up, really! Greens, oranges and browns of the 70’s with green shag pile carpet. Too bad the interior was going to be the easiest part to fix…This next one was a personal favorite of mine – it reminded me of one of those Hollywood Hills mansions in the 70’s. We were unfortunately beaten to the punch on this one, but I had some wonderful ideas for it!
So as you can see, we’re busy, busy, busy looking for the next quality remodel by Pageburn Properties! And remember, if you know of a house in San Luis Obispo County California that needs some TLC, tell us about it and we’ll pay you a finders fee if we buy it! (Never disturb property occupants, we will contact the owners directly ourselves – all we need is the address and a photo, if possible)
Pageburn Properties, LLC is a Residential Redevelopment company that helps improve local neighborhood home values by buying, renovating and reselling homes in San Luis Obispo County, California. If you or someone you know needs to sell a house that needs a little – or a lot of – love, please head to our website to contact us, and get some free information! www.pageburnproperties.com