Hi folks, Tom Sachs with Coldwell Banker Residential Brokerage back with you, after living in Florida for 6 years and after a visit to Chicago, where my best friend and my nephew are both brokers, you start to realize just how scarce land is. In Florida and the Chicago metro area the answer is to buy an older house that is in a good location and tear it down and put up a new house, its the only way to get within 30 miles of the downtown areas, well I have been doing research on the practice here in Forsyth & Gwinnett counties and IT WORKS.
There are bargain properties in great locations that are ripe for a tear down, some can even be updated and used as rental properties that can deliver a positive cash flow right off the bat.
I also believe that new houses can be built with either pre-cast concrete, poured concrete walls or the old reliable concrete block, energy efficiency and ranch style homes are going to be the houses of choice in the coming years and most of the good tear down properties are NOT in subdivisions, what a concept.
Please contact me and lets make an appointment to discuss the endless possibilities.
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