Older/historic Rehabs As A Business
I'm interested in rehabbing/rescuing older properties, by which I mean pre- WW2 and earlier.
I've found lots of good 'preservation' information but I'm interested in a slightly less meticulous 'respectful rehab', with the aim of turning reasonable profits. I can't seem to find any information on the business potential of very old buildings.
Could anyone suggest good information sources? I have a pretty clear (theoretical) understanding of the rehab business plan as it relates to regular 'fixer-uppers'.
Regards
Jan
Just like to point out that I'm in Japan right now and I did NOT write this at 1.30 on new Year's morning.
Jan
I'm in Danville. I am also interested in historic homes. My first rehab is on the market. It's a 1900 New Englander in Exeter. Not the ideal "historic home" I had in mind, but it was the best candidate at the time. The toughest aspect of these types of homes that I have found are the dirt/wet basements, fieldstone foundations and other issues that typically come up in old homes. While these are the types of homes I am most interested in, good rehab candidates are harder to find than with newer houses I think. However, I think it is kind of a niche market. There are a lot of people out there who appreciate these oder homes. Have you done any rehabs?