This house at the end of the lane has an extra ingredient that should help propel the eventual sale – a 2br/2ba guest house. But verifying the permits for a guest house are usually a challenge on these older homes, and being “grandfathered in” doesn’t quite cut it anymore – unless the price is right:
You mean the county fire that destroyed all the records is akin to the dog ate my homework? 🙂
If there was at least a plausible excuse given, it would help. But most listing agents just expect you to take it the way it is, generally speaking (not sure about this particular house).
Love the RSF videos. The Million Dollar Listing episode featuring the RSF house just aired. Didn’t you visit it at the time? They showed the brokers open, but no JTR sadly….
What was the ceiling height in the other rooms; looked kinda low after that great room
Oh, and that slope is perfect for a big long water slide! 🙂
Is there a market for $5K rentals? I’m curious. I see them popping up on CL occasionally and it makes me wonder if those move.
Background: I just got a qualified applicant today for my own rental http://www.zillow.com/homedetails/579-Whitesage-Rd-San-Marcos-CA-92078/16672867_zpid/ which took about a month.
Is anyone aware of the prices NY condos are STILL going for, and how little interest Banks are paying people who still have money in the bank, and what the unemployment rate is for people making more than $100k a year is, and how many more people there are today who can afford to buy this house (thanks largely to the stock market)?
Isn’t it reasonable to assume this house has a heck of a better chance appreciating 30% net from here than the stock market does. I have no idea what the carrying costs for this house are, but at this price it looks like a STEAL to me.