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re: Anybody ever buy property on civicsource?

Posted on 3/5/24 at 7:20 pm to
Posted by dat yat
Chef Pass
Member since Jun 2011
4351 posts
Posted on 3/5/24 at 7:20 pm to
I bought and flipped a handful of them from 2016-2020. I made a little on each one. Some offers fell through because all title companies won't insure them. Back then there were plenty for sale each month in NoLA. When the supply shrank I quit messing with them because auction prices got too close to retail value.

ETA-I considered building/renovating, but I wasn't comfortable investing without good title insurance either. I preferred the quick flip.
This post was edited on 3/5/24 at 7:38 pm
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