Posted by Baltimore BirdDog on January 29, 1999 at 11:40:25:
I agree with the other posts regarding your idea. It’s more feasible to build new than move the houses you are considering. However, as added support to BankRobber, Russ Whitney once bought a house which was about to be condemned because the city (I don’t know which one) was about to build a parking lot. He moved it around the corner and put it on a lot which he recently purchased (I believe this was part of a larger lot with a house which he purchased and then split). Profit was substantial ($15K, I think. The example’s in his book, “Building Wealth”). Wacky, maybe, and some people probably thought he was crazy. But those same people probably still get up and go to work every day! Great job thinking outside the box. You’ll fit in well here.