#fixer-upper house sale
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heartlandfundinginc ¡ 5 months ago
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Tips for Selling a House That Needs Work in McHenry
Need to sell a house that needs work in McHenry? Follow these expert tips to sell your fixer-upper fast, get a great price, and attract serious cash buyers.
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hometoursandotherstuff ¡ 8 days ago
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It needs rehabilitation, but I'm in love with this old book shop and it's cute apt. in Haarlem city center, the Netherlands. It's the dream of owning a bookstore and living above it on a beautiful street. Built in 1807, it's been a book shop since 1876. 4bds, 298 m² / 3207.65 sq ft, €1.3m / $1.412 approx. USD. The caveat is that it could have asbestos and of course, it's not going to be up to code, so it's sold "as is." The current owner does not live here.
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Isn't this a classic old book shop? Books everywhere, beautiful stairs. Antique cabinets and shelving.
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I wonder why they want so much for it, if it needs so much work, though. I don't know what the property would be worth once it was renovated and brought up to code.
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Look at the little stepladder. I wonder if the furniture stays.
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Here's the back room.
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So much stuff. Look at the leaded glass window and the old photos on the walls.
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Look at the patina from the wear on the stairs. There's some work that needs to be done here. It looks like the electrical stuff.
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Just look at this cellar. Can you imagine putting a little bar or coffee shop down here? That wall is made of green bottles.
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Some wine shelving. Look at all the jars.
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Back to the main floor, this store room leads to the yard.
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All of this has to be cleared out and landscaped.
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This could be super cozy. Love the fireplace, but the walls are damaged.
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Looks like the roof is leaking. But, it's so cozy. What a great apt. it would be if it was restored.
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This will need some work.
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It has a kitchen and I would at least save the built-in cabinet. Otherwise, it's just about a total gut.
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Then, there's another storeroom here and back stairs to a 3rd level.
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What an interesting place. It just goes on and on.
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There's still more.
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This could be an amazing property.
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Small bedroom up here.
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Can you imagine this attic room as an art studio or an apt.?
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Door to what would make a cute little rooftop deck. Looks like they've been replacing the tiles.
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You can see by the shape of the roof, the interesting rooms that we were in.
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The street that it's on is like a picture. The plot that the building is on is 120 m² / 1291.67 sq ft.
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Haarlem city center.
https://www.funda.nl/detail/koop/haarlem/huis-warmoesstraat-10/89260855/
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chaoticdesertdweller ¡ 5 months ago
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Roanoke, VA c.1925
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sellmyhousefastinnh ¡ 17 days ago
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Tired of the hassle of selling your house in Manchester, NH?
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cheapoldhousesunder50k ¡ 4 days ago
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c.1950 Two Bedroom South Carolina Fixer Upper $35K
OHU50K Notes   $35,000 Two-bedroom, one-bath South Carolina fixer upper with front porch, French doors, hardwood floors, and public water and sewer. Realtor Comments This home isa fixer upper that has potential. French doors, arched doorways, a great start to invest or live in! 2 bed 1 bath 870 sqft 3,920 sqft lot Build date 1950   More South Carolina Properties If interested in a property,…
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devil-in-hiding ¡ 6 months ago
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Ooo, ghosy!tf141 who haunt their isolated cabin in the woods. They had originally retired there.
From constantly having to be by each others sides and just getting so close together, they eventually, gradually, start dating. If you can call it that.
They made no grand gesture to ask each other to be together, it just kinda happened. Something that feels so natural that by the time they do realize, they can't really bring themselves to care.
But then, maybe a storm happened. A blizzard, days on end, never stopping. It isn't until someone is sent out to check on the four mysterious men that visit the closest small town that they're discovered huddled on a bed. Froze to death, they discover.
A tragic, somewhat heartbreakingly romantic end for these former soldiers.
Cut to you. Tired of working for a job that does nothing but takes and takes from you. Maybe you've built up the money. To finally quit and move away from the city. It's starting to feel too good to be true when you find a cabin in the woods that's practically for sale.
It's a bit of a fixer-upper, but the online job and people of the town make it all worth finally having a place of your own.
It isn't until you start making changes and fixes around the place that weird things begin to happen. At first, you brush it off, after all, you're the only person working on it for the time being, and trying to fix a house, something you've never done before, can get quite hectic for one person.
It starts with your brand new tools. You're so sure you left your hammer on the kitchen counter, but maybe you did leave it in the living room. The panties in your drawer start to end up a mess. As if someone went through them without a care of tidyness.
It accumulates until you're starting to truly question what's happening. A stalker? Someone hiding in the nearby woods, maybe?
It isn't until you start to head voices and have strange dreams. Always of four men, with distinct voices and stature.
Of whispered sweet nothings and loving promises. To each other at first until they start naming you. Until they start addressing you.
Until one night, you feel them. As if they were right there, alive. Along your thighs, your arms, across your chest, one even cupping your face.
Maybe it's time for you to finally learn their names.
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BABE WHAT THE FUCK THIS IS PHENOMENAL
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seeminglydark ¡ 8 months ago
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Not to be kinda depressing on main, but does Mickey have a favorite memory of his husband?
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It’s ok, I’m about to be depressing on main in the next Chapter of Seemingly Dark, appropriately named The Haunted unless I think of something better in the next month haaa.
He does! Mickey lives in a house in the middle of the woods on the outskirts of Valleyridge. For those who may not know his whole story, he hails from Ciudad Juárez, moved to El Paso Texas and then to East Los Angeles with his mom and sisters. One of his dreams was to live in a peaceful place in the middle of the woods. He tells Reggie this when they first start chatting online, regarding it as a silly dream, but it’s easy to talk to a boy you can’t see.
He moves to Seattle to live near Reggie, and works as a Barista for several years, he’s not really been thinking of his little dream for a long time, he’s just trying to make ends meet and be happy in the situation he’s made for himself even if it is in another big noisy city.
One day Reggie comes bursting in his door saying LETS GO FOR A DRIVE, and he wants to take Micks car for some reason. So off they go on a little excursion to Valleyridge, the tiny town outside Olympia that Reggie and His dad came from. They make this trip often because Reggie’s little step sister Maddie runs a cafe there. Reggie is NOT an impulsive man, he’s the type to plan and plan and plan so much whatever it is he’s planning passes him by, but this time, he can barely contain his excitement and fear which is making Mickey increasingly nervous. Why would a trip to Valleyridge be nerve wrecking?
Because an older house went up for sale in the hills around Valleyridge, and impulsively without thinking, Reggie put a bid on it. And then realized MAYBE he should run that by Mick, MAYBE thats not a thing you just do, uproot your boyfriends entire life AGAIN and make him move somewhere new and start over.
Except this is Mick, the king of impulsive behavior. Mick, who dreams of a quiet life in the middle of nowhere. Mick who runs into the fixer uppers lawn whooping and hollering and lifts Reggie into the air because he ALSO realizes this means Reggie is ready to move in together, and make this little house their dream home.
He thinks of this often, so out of character for Reggie, so impulsive because he saw Micks dream might be in reach and he went for it fast before he lost it, for maybe the first time ever. He override his caution for the man he loved, and in that moment Mick knows he’s truly wanted and loved and has a home and family. Reggie’s smile that day, a real, true soul deep grin that was pretty rare for his beloved who battled with chronic depression, is something he pulls up in his mind on the regular.
And maybe, if we think about it this way, Reggie made a few other impulsive decisions in his life. Like adopting Rose.
And maybe, like staying.
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ughigottaheadache ¡ 7 months ago
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Further addition to this post.
Fixer Upper.
Tommy has a realisation as he lays down the tarp, taping it down and covering the skirting boards.
Or, more of a question.
Did Wanda and Vis do this? Decades ago, did his parents prepare the walls of this house to be painted?
He could easily believe it, a picture of extreme domestic bliss, newly wed, thinking of the future. Maybe his mother wore her most messed up shirt and pants too, maybe his father balanced the paint lid on his fingers too, getting a glob of paint to lay down a colour sample. Did they ache over the paint finish like he did? How long did it take them to choose the shade?
They clearly went with a rich burgundy, he was still picking out the paint chips to prove it. He was half tempted to just replicate their choices when he started.
But that would feel wrong.
It had felt wrong when he just arranged the kitchen in an order he vaguely remembered, half memory half relying on what was left of the previously decrepit space.
An imitation of the past, just what he wanted, but it rung hollow.
Maybe he’d done it wrong. Maybe it wasn’t meant to be the same ever again.
But that didn’t mean it couldn’t be made his.
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Up the Hill
A flyer.
Some poor quality photocopies of a hand scribbled address and time. A garage sale, just a few blocks down from him and Martin.
It could be worth a visit, even just for bed sheets and Tupperware.
A slightly hot early summer day is when he goes, cash in his bag and shoes tied tight. There’s only two other people on the grass out front, only one has the classic fanny pack slung on her hip, she smiles wide at him, waving him over near a tall vanity, a beautiful on at that.
“Hey.”
“Hello, you’re not a familiar face, hear about this through Facebook or something?” Her accent is so New Jersey that he can’t help but smile.
“Nope, got a flyer. Can I ask, is the sale only the stuff outside?”
“Oh goodness no, we’ve got so much to get rid of, we’ve got the garage set up, and just the first two rooms, anything with a sticker is for sale. Green is five, pink is ten, orange is fifteen, red is twenty, gold star stickers are anything above. You follow?”
“I follow.” She turns off to right some yard toys, so Tommy goes to jog up the stairs, not much on the lawn interested him. Maybe the long twin dressers and the vanity. Time would tell. There’s more people inside, and it’s only a few seconds until he sees what he’s really after.
Linens.
He didn’t know how passionately he would feel about bedding until he had a house to furnish and maintain, but life was funny like that. They were all in their original packaging, most of them stickered green, some pink, the only things he needed to know was the sizes and if the pillow cases were included. Next to the piles was a large crib, three gold stars stuck over a piece of painters tape.
Admittedly it was beautiful.
“My grandfather hand carved that.” The sale runner was next to him, her hand resting on the frame.
“Why sell it?”
“Got another one on the way, this’ll just take up too much room. Plus, sometimes grandfathers aren’t the nicest. Best to get rid of it.” Tommy had piled five sheet sets into the ones he wanted when he realised the woman’s eyes were burning into the side of his skull. Lifting his eyes brought a tighter look to her.
“We only put up flyers in the neighbourhood. I don’t think I’ve seen you… you do look halfway familiar. What street do you live in?” Tommy got the sense she wouldn’t leave him alone, he could just ignore her.
“Sherwood, up the hill, why do you ask? And can I buy these?” She went over them, telling him the cost, which he handed over.
“Not a lot of houses in Sherwood, not one of them’s been up for sale in decades.” She’s on a hunt for something, it’s obvious.
“2800 Sherwood, there, happy?” He’s intent on zipping out the door when she catches his attention.
“The Maximoff house? You’re sure? The one with the missing boys?” Missing? He and Billy were missing? Was that the story spun after they were taken from their mom?
“Missing boys?”
“Thomas and William, I knew them, they disappeared one day and their parents left soon after. 2800 Sherwood, you’re absolutely sure that’s the one you’re living in?”
“Yes, why?” She’s even closer now, so he backs up. She stares into his eyes, until some sort of realisation dawns on her, but her face scrunches like she can’t be sure.
“Tom? Is that you?”
He’s out the door before she can blink a second time.
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Mandolin
Back and forth, back and forth.
The onions fly through the mandolin as he slices them, tub after tub of prepped vegetables are zipped to the front counter, his coworker busy with slotting bread loaves into the ovens, filling the cup towers and prepping the register.
Manual work had been the easiest Tommy could get into, something methodic and simple was a breeze. A quick and clean cut, like the mandolin.
Opening shift was the easiest. Martin usually woke up at ten, so opening at six to leave at nine thirty was convenient, a nice bargain his new employers struck with him. Anyone would trip over themselves to have a speedster on their payroll, no matter the job. His coworker, Ash, got to do any online work and just wait for customers while Tommy used the job as a way to zone out, expel energy and get money.
Back and forth, back and forth.
Back and forth his knife went through the tomatoes, the smells of the cooking meat to his side filling his nose.
Five minutes after Ash flipped the open sign, the bell jingled.
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Red Carpet
It’s one at night when he gets woken up, a shout echoing in his ears. He’s all but flung himself out of bed, hopping over dirty laundry and his bag to burst into the hallway, already knocking where to go. Just a few doors down is Martin’s room.
“Master P?” There’s a lamp just by his door for this reason, it goes on and Tommy can see him, breathing heavy, halfway out of bed, a crazed look in his old eyes.
“Hey, P, hey man it’s okay, you’re safe.” He’s in front of the old guy, only slightly wincing at the iron grip that settles on his forearms. The orange lighting from the lamp casts his eyes in a strange shadow as Martin practically glares up at him, but Tommy has done this enough to know it’s not Tommy he’s seeing in his dream. It’s twenty seconds until the man’s face smooths, utter confusion following.
“A bad dream, Martin, you had a bad dream.”
“Nightmare.” The man corrects, softly, looking around his room warily, probably expecting his demons to jump out at him.
It’s late, if he doesn’t get Martin back down for sleep he’ll stay awake for hours, confused and tired. But when he does try to coax him into the sheets, he refuses, nearly growing belligerent so he relents.
He offers him a drink, some sleeping pills, music? And book?
But what comes out in a soft voice is;
“A walk, please.” It’s the middle of the night, he’s got a class to go to, getting active would make it even harder for Tommy to go to sleep, he shouldn’t agree-
“Okay, we’ll go for a walk.”
Less than thirty seconds later, Tommy has shoes and a coat on, Martin the same.
“The carpet should be red.” They’re walking down the hall, the stairs just a ways ahead.
“Why should it be red?”
“A red carpet always made me so happy.”
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watercolourferns ¡ 2 years ago
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Julian Modern AU HC's
Why? Because I'm having a crisis and need comfort food and I'm too broke to buy snacks so headcanons it is...
They're mixed but lean a lot towards a haunted house. Mention of steamy times but no description.
He likes Doc Martens. Why? Well, for one they are nonslip, which means he can wear them to work at the hospital and to his gigs at the bar without a problem. But most important, they are unisex so he can buy all the flowery pairs his heart wants and they actually fit his long-ass feet. They're also good for ankle support!
He has a treasure chest in his office, it's full of cheap plastic toys. If a kid is having a particularly trying appointment he will let them choose a toy from the chest afterwards while he's speaking to the parent(s). He will say something cheesy and sweet like: "You've been a brave pirate, you have won a piece of the treasure!" ...He sometimes lets them take two.
Once he had saved enough money he bought a house like his older coworkers told him to because it would be a good investment... a huge, old Queen Anne fixer upper. Queue to his coworkers facepalm. But he doesn't care, he's happy with it and he has plans for it: round room will be a seance room, basement will be a workshop, attic will have e telescope... He asks you for help to choose wallpapers. "I want it to be as close to original as possible. Want to go with me to find records of the house? Maybe they have pictures!"
He takes a lot of inspiration from Christine McConell, choosing a wine, black and silver colour palette for the common rooms, asking for help making his own wallpaper based and the research you two made. He goes to antique shops and estate sales to buy decorative cushions and throws which he has professionally cleaned for use. He does buy all new linen and towels, though he has much of it made to match the style.
You keep him company while the repairs and decorations are being made because he's SURE he saw a couple shadows once or twice. You haven't really felt anything, but then again you haven't really been inside the house as he refuses to go in unless the whole crew of workers is inside, too. You don't want to be pulled into his paranoia, he's known to suggest himself into bouts of fear when it comes to supernatural things, but you swear to yourself you saw something out of the corner of your eye peeking out of the top floor window.
Once the house is finally repaired he decides to move in. Yes, it's like half an hour away from the city and his hospital and it could have ghosts in it, but that's what bikes are for eh? And maybe, just maybe he was just nervous and saw things because of his anxiety, he wasn't sure if the house was livable after all and he was anxious about the repairs not going well even though they were more superficial than he thought, most of the bedrooms not needing anything but wallpaper changes and deep cleaning...
First night he spends there, though? He calls you in hysterics. "I-I-I-I-" you give him a second to try and speak and he finally blurts out between squeaks of fear: "SAW SOMETHING CREEPING INTO MY BEDROOM CAN YOU PLEASE COME AND STAY OVER?! MALAK AND BRUNDLE REFUSE TO STAY INSIDE!!"
Once you're in there you do get a sense that there's something else besides you two, but you reassure him he's safe and alright and that you will protect him. You suggest having a sleepover party in the living room, where the energy is less dense, and that once he's at work tomorrow you will cleanse the house for him. He accepts and you have a jolly (and maybe steamy?) time with snacks, funny stories, maybe even videogames, finally falling asleep snuggled up in the pull out couch.
He was right, there's something in the main bedroom, which is his. But it's nothing a good incense cleansing and a sound talking to it wouldn't fix. You do just that and text him a picture of his bedroom and you. "All clean now!" He texts back that he's happy about that, but that he probably will stay in his office for a couple of nights, just to feel safe again.
.... and that's how you came to live with him. It was in the plans, but it looked like a distant future when you had spoken about it... And now you were there, all your belongings packed in a u-haul, driving towards his house. He greets you with open arms into one of his all enveloping hugs and shows you to your bedroom... even though both of you know that's just gonna be the place you keep your clothes in because they won't fit in his closet...
He's so grateful you're there, it takes off the edge of the not-so-oppressive-anymore feeling around some places in the house, and since you're there the shadows haven't come to bother him at night. He calls you his shield and that makes you chuckle.
He had the sense of installing a modern stove additional to the wood stove already in the house, so you're in charge of breakfasts. Chocolate chip pancakes, puddings, oatmeal, crepes, sunny side ups... this man seems to eat it all! He's secretly grateful he doesn't have to eat take out or burnt food anymore. He's...not the best cook and now thanks to you, his beloved, he even can take lunch to work! Everyone at work comments on how much healthier he looks now, too, and he's happy to show you and your cooking skills off. "They're a genius!!" You blush, but can't help feeling proud of your skills, too. He just does that to you.
After a couple of months you're finally tired of the dramatics the shadows have been pulling on and off, so you sit at the seance room with a board and your cards and he goes into hysterics again. No, don't do this, why is this happening, you can't have a seance, yaddah yaddah. But you try to put him at ease, explain to him how this could help. "Why do you have a seance room if we can't use it for that??" you finally ask. "It's for the aesthetics, my dear!" he answers, and that makes you chuckle. You give him a protection charm and gently sit him down with Portia, who's always down for mischief and visits you often, explain the dynamics of the activity and reassure him he's safe with you and his sister there.
The seance goes better than expected but it doesn't make it any easier on him... since now you know there's a small family cemetery in the backyard. "Okay, that does it, I'm selling this place!" he blurts out, shaking like a leaf. Slowly and gently you reassure him that it's okay, that they just wanted to be known, have their markers and their names back, and that you will take care of it... he calms down a bit but remains skeptical they will leave y'all alone.
But it works!! You have tombstones made with names, dates, loving words like "beloved husband" and "cherished daughter" and "treasured wife", you have them placed where the ghosts told you their graves were... and as if by magic the activity stops! You might see a soft white figure of a girl playing in the library or the outline of a man working in the back yard while a woman sips tea and reads a book in the porch, but besides these echoes from the past the activity has stopped... He doesn't know how you did it, but he buys you a whole new book series you had coveted for some time now in thanks.
The house still has it's reputation, and so every Halloween kids ask for tours of the house, for him and you to tell the story of it, to talk about the ghosts. At first he's reluctant to bring it up because... we... ghosts... He's scared he'll call them back. But once you explain what really happened, he's more at ease with it and finally accepts to open the house to tours during October, giving out candy, letting the kids use the telescope as well, ending with a big Halloween party on the 31st where the kids, their parents, and you all have fun with classic games, cake, snacks, and more candy. Yes, his coworkers were right, it was a good investment to buy this house...
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hometoursandotherstuff ¡ 3 months ago
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This fixer upper is a bargain. It already has a pending sale. It's called "The Gatehouse," an 1859 historic home in Bellefonte, PA. 4bds, 3ba, 2,325 sq ft, $200k.
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Cars will go thru your house to visit the cemetery. I don't know why, but I love this house. For the price, I think it's well worth fixing up. Take a look inside.
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The front enters into a living room and the current owners installed a spiral staircase in the corner.
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It's squeezed in a little tight, and there's a powder room in here, too. I don't know if I would keep that there.
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Meanwhile, the stairs go up to a loft.
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It's a nice big room and the heat is in.
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The kitchen isn't done. That looks like a plate covering an opening where the stove was.
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This area, however, has a new floor, drywall, and sink hookup.
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So, it looks like they moved the kitchen.
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This area would have to be reconfigured. Look at that high door. They've put in plenty of wall sockets. It's an interesting home.
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Shower room.
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This bedroom on the 2nd fl. is finished. It has a door to the terrace, and 2 closets.
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Vintage bath. The tub is original. They saved it, but it's so rusty.
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This is going to be a laundry room.
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Hallway with vintage doors and floor. I think that this is the part of the house that is over the cemetery entrance so you can get to the other side.
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I think that sometimes it's better if the owner didn't even start a reno. Like what was he doing here?
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This little shed on the property is cute.
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Looks like he was using it for storage and a workshop.
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Got a sweet little yard here. That looks like an original Victorian fence.
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There's the terrace, a nice little covered deck, and look at how the house goes over the entrance to the cemetery so you can cross to the other side. This house is so cool.
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Cute.
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Gravestone of the former owner. She watched over the cemetery after her husband's death.
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Look at the original antique keys.
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This home has history and it's so unique.
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The home is a Folk Victorian style and some think it was moved to this location after being a law office. Others think that it always served as the entrance to the cemetery. The property has been acknowledged by historic preservation groups for its architectural and historic significance. So, what do you think? Worth it or not? 8,276 sq ft lot.
https://www.zillow.com/homedetails/334-E-Howard-St-Bellefonte-PA-16823/75215534_zpid/
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chaoticdesertdweller ¡ 1 year ago
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Marysville, Kansas c.1872
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thefundiesaga ¡ 2 months ago
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Saved-By-His-Grace
Baby#3 on Board!
Baby number 3 is due soon. We only had our darling Nathan six months ago and now he is to become a big brother! Will this be our third boy or will the watcher bless us with a GIRL??
Recently Yuri received a promotion at work and he is now a Civil servant. With this promotion however we have been asked to relocate to Willow Creek! We have about a month to get there so our little starter house is FOR SALE! While we are sad to be leaving our friends at church. Being closer to our family in Newcrest is very exciting.
We have found a lovely fixer upper in Willow Creek with four bedrooms and two bathrooms. It definitely needs some work so our next post will be after we have tided it up. Not long until we have another sweet babe in the house! My baby name list keeps growing :) Luckily we plan on using all the names! 😉
Until next time
Larissa Noble
AN: Three under is not unheard of in fundieland. How long until we see a laundry room breakdown?
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cheapoldhousesunder50k ¡ 4 days ago
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c.1890 Three Bedroom Ohio Fixer Upper $56K
OHU50K Notes   $56,000 Three-bedroom, 1.5-bath Ohio fixer upper with original woodwork and hardwood floors. Some new electrical, windows, siding, furnace, water heater, and plumbing updates have been started.  Realtor Comments INVESTMENT Opportunity This investment property is a fantastic opportunity for both seasoned investors and those seeking to enter the real estate market. 3 bedrooms 1…
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evelynbyz ¡ 4 months ago
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Duplex for Sale in Los Angeles: A Smart Investment Opportunity
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Los Angeles is one of the most vibrant real estate markets in the country, offering a wide variety of investment opportunities for buyers seeking long-term growth and rental income. Among the many options available, purchasing a duplex in Los Angeles has become increasingly popular for both new and seasoned investors. With the city's diverse neighborhoods, high demand for rental properties, and the potential for significant returns, owning a duplex can be a strategic way to maximize your investment.
In this blog, we’ll explore the benefits of purchasing a duplex in Los Angeles, key factors to consider when buying one, and why this type of property can offer both immediate income and long-term financial security.
Why Choose a Duplex for Sale in Los Angeles?
A duplex is a property with two separate living units under one roof, typically with their own entrances and amenities. Owning a duplex in Los Angeles provides an opportunity to live in one unit while renting out the other, creating a stream of passive income. Here’s why it’s an attractive investment option:
1. Rental Income Potential
The most significant advantage of owning a duplex is the potential for rental income. In a city like Los Angeles, where rental demand is consistently high, the ability to generate income from one unit while living in the other can make owning a duplex financially beneficial. The rent from one unit can help offset your mortgage, property taxes, and other expenses, essentially allowing you to live for free or at a reduced cost.
2. Dual Purpose
For investors, a duplex offers flexibility. You can either rent both units for maximum income or live in one unit while renting out the other. This versatility makes duplexes ideal for both seasoned investors looking to expand their portfolio and first-time buyers seeking an affordable way into real estate ownership.
3. Appreciation Potential
Los Angeles real estate has a strong history of property appreciation, and duplexes are no exception. As demand for housing in desirable neighborhoods continues to grow, the value of your duplex is likely to increase over time. This makes it a valuable asset for long-term growth and wealth-building.
4. Tax Benefits
Owning rental property comes with a number of tax benefits, such as deductions for mortgage interest, property depreciation, repairs, and maintenance. These deductions can significantly reduce your taxable income and make owning a duplex even more financially advantageous.
What to Look for When Buying a Duplex in Los Angeles
While purchasing a duplex can be a smart investment, there are important factors to consider when evaluating potential properties. Here are a few things to keep in mind during your search:
1. Location, Location, Location
As with any real estate investment, location is critical. Los Angeles is a sprawling city with diverse neighborhoods, each offering unique opportunities for investors. Areas near universities, business districts, public transportation hubs, and trendy neighborhoods tend to have higher rental demand. Additionally, proximity to schools, parks, and restaurants can make the property more attractive to tenants.
2. Property Condition
Before committing to a duplex, it’s important to assess its condition. A well-maintained property will require fewer repairs and upgrades, saving you money in the long run. However, some buyers may be interested in fixer-uppers for a lower purchase price, with the intention of making improvements. In these cases, be sure to budget for renovation costs and factor those into your overall investment plan.
3. Rental Income and Expenses
Carefully evaluate the rental potential of the duplex by researching local rental rates and understanding the expenses associated with the property. This includes utilities, maintenance costs, property management fees (if applicable), and insurance. A good rule of thumb is to make sure the rental income covers at least 80% of the property’s expenses.
4. Zoning and Legal Considerations
It’s essential to confirm the property’s zoning and ensure that it complies with local laws. Los Angeles, like many other cities, has strict zoning regulations that govern how properties can be used and modified. Additionally, verify that the property is up to code and doesn’t have any outstanding legal issues that could affect your investment.
5. Financing Options
Purchasing a duplex may require different financing options compared to a single-family home. Many lenders offer multi-family property loans, but the terms and requirements can vary. It’s a good idea to work with a knowledgeable real estate advisor or mortgage broker to explore your financing options and choose the best one for your financial situation.
6. Rental Market Trends
Researching the rental market is crucial when buying a duplex. Some neighborhoods may have high demand for rentals, while others may experience oversupply or fluctuating rental rates. Understanding the rental landscape will help you predict rental income and determine if the duplex is a solid long-term investment.
Top Real Estate Advisory Services
When searching for a duplex for sale in Los Angeles, working with a qualified real estate advisor is key to finding the best investment opportunities. Experienced agents can provide valuable insights into the market, help you navigate local regulations, and negotiate favorable terms. They also offer assistance with property inspections, financing, and paperwork, ensuring a smooth transaction from start to finish.
Discover the Advantages of Working with a Real Estate Advisor
Top real estate advisory services can help you identify profitable duplexes that match your budget and investment goals. Advisors can also provide information on up-and-coming neighborhoods, ensuring that your property is located in a high-demand area. With expert guidance, you can make a well-informed decision and secure the best property for your needs.
Conclusion
Investing in a duplex for sale in Los Angeles is a smart way to generate rental income, build wealth, and take advantage of a growing real estate market. The combination of financial benefits, property appreciation potential, and tax advantages makes duplexes a solid investment choice for both new and seasoned investors.
Whether you’re seeking passive income, a long-term investment, or a combination of both, owning a duplex can offer flexibility and financial growth. By considering factors such as location, property condition, rental income potential, and financing options, you can make an informed decision that aligns with your investment goals.
FAQs
1. What is the difference between a duplex and a multi-family property?
A duplex is a two-unit property with separate living spaces for each tenant, while multi-family properties include buildings with three or more units. Multi-family properties can offer higher rental income potential but may also come with additional management and maintenance complexities.
2. How much should I expect to pay for a duplex in Los Angeles?
The cost of a duplex in Los Angeles can vary significantly depending on the neighborhood, property size, and condition. On average, duplex prices range from $500,000 to $1.5 million, with more desirable areas commanding higher prices.
3. What are the benefits of living in one unit of a duplex and renting out the other?
Living in one unit allows you to offset your mortgage payments by renting out the other unit, effectively reducing your living expenses. It also gives you more control over the property, as you can directly manage tenants and make decisions that benefit your long-term investment.
4. Do I need a special loan to buy a duplex?
While you can finance a duplex with a conventional mortgage, you may also be eligible for government-backed loans like FHA or VA loans if you plan to live in one unit. Financing options vary depending on whether the property is owner-occupied or strictly an investment.
5. How do I determine if a duplex is a good investment?
To determine if a duplex is a good investment, assess the potential rental income, expenses, and property condition. Also, consider the neighborhood’s rental demand, property appreciation potential, and your financing options. Working with a real estate advisor can help you make an informed decision.
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simsstuph ¡ 2 years ago
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About a year and four months later..
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Delilah got Kodi Jane out from her car seat and gasped when she turned around: You can't be serious dad..
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Fig: I know it's a bit of a fixer upper, but it's all I could afford from my sale of the car.. I'll do most of the work myself..
Delilah sighed holding Kodi Jane tighter, she knew losing the business and house was hard on Fig. She tried to fake some excitement, she really wanted to cry.
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Fig: Let's get inside girls, it's cold out here. I'll start us a fire, it's got a great fire place.
He kept trying to talk the house up as if he was the realtor trying to sell it. Like they had a choice but to live there. He picked up a box and headed inside. Delilah and her sisters followed trying not to trip over weeds or the extremely cracked concrete path leading up to the front steps.
Fig: Look at this porch ! It's a great porch!
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duamuteffe ¡ 9 months ago
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Thank you for saying that half a million bucks is not normal for a house that was a fifth of that ten years ago. The most basic and bare bones houses here go for over a million. What. Is happening.
Shortest answer - capitalism. And they're trying so hard to sell it as normal and I'm losing my mind over here. In 2013 the Doc and I were in the process of buying a move-in ready three bedroom one and a half bath house with just over an acre lot, mature trees, an attached garage, a fireplace, and a 12 x 12 shed, for 60k plus an extra 10k on the loan to update the roof, which was watertight but getting old. We had looked seriously at a three bedroom one bath with a basement two acres and several farm outbuildings for 50k, and a huge converted barn on a wooded lot that combined buying price and contractor estimates would have been 70k and given us a three story home. There were Victorians for sale that needed love that we could have bought for 20 or 30 and put another 50 into and had an incredible house. We weren't aiming to buy in town but we looked at houses there anyway for experience, and nice move-in ready houses from the 1960's and 1970's in areas with parks and public transport were an average of 40 to 60k. They're now going for 200k and up. And it's not just the area we were in; around the same time my cousin bought an *eight bedroom* fixer upper in Atlanta Georgia for 90k. It's revolting what they've done with house prices. It should be illegal.
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