All Topics / Creative Investing / buying backyards

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  • Profile photo of charlie123charlie123
    Participant
    @charlie123
    Join Date: 2007
    Post Count: 19

    Hi All,

    Just wondering if anybody was familiar with the concept of approaching homeowners  and making an offer to purchase their back yard with the view to building a unit. Has anybody tried this strategy and if so how successful was the whole process?

    Profile photo of Kipper57Kipper57
    Member
    @kipper57
    Join Date: 2006
    Post Count: 252

    Who would get stuck with paying for the subdivision as i am sure they are not going to agree having your house on their title

    Profile photo of Misty1Misty1
    Member
    @misty1
    Join Date: 2004
    Post Count: 348

    A suggestion may be to call up the companies that actually do this (I have seen them advertised) and pick their brains. Maybe pretend you are a home owner to see how they would go about trying to convince you to sell yours, then apply the same strategies! Good luck. There's obviously money to be made.

Viewing 3 posts - 1 through 3 (of 3 total)

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