I sold in October 2020. It was a foreclosure that needed a lot of work but it was in a location that I was familiar with. It took 5 years to renovate it and I did all the work myself. I made some money off it and have looked at a few places since. There hasn’t been anything out there that’s even remotely worth what they are asking. I’ll wait it out for a year or two. Either prices will go down or we will be balls deep in some apocalyptic scenario.
I know, it's crazy. Like I had mentioned, the property I recently inherited (but had to split) was just one acre (developed though) and it sold for almost $100,000. And it's flooded twice lol.
Start learning how to fix up places. Idk how people can afford to hire out renovations.
I know, but I'm tired of it, I'm almost 66.
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