3 Things You Can Do With An Old House

We buy old houses for cash. There are many things that you can do with an old Bay Area home. The best part about having so many options is that you can choose the one that makes the most sense out of your time, wallet, and goals.

There are many reasons why an old home can come into your possession, either through asset allocation through a divorce, an inheritance, or simply because you bought one.

In this article, we’re going to be writing about a couple of things you can do with an old home, and how you can make a profit either way.

Buying Old Houses With Cash

1. Tear it all down

If the home is in a super tattered state, and nowhere near the condition it was first sold in – you might want to raze it. It’s relatively cheap to tear down something extremely ancient/mistreated, and from there you can actually sell the scrap materials for money. 

You won’t get much, but it will add to the profits you gain from selling the property underneath the home. That’s right – you can sell the land rights to someone else for a pretty profit. You can sell to a private investor or to the government. Either way – you’ll be receiving some sort of additional income.

As they say, one man’s old home – is another man’s future land.

2. Renovate It

Now, if the old home is salvageable and you can afford to renovate it – more power to you. Renovating an old home will surely raise its value. You can add new paint, a new kitchen, and restore the living spaces. From there, just let the market do its work – and put it up for sale. You’ll be getting good money for it if you can sell at the right time.

3. Rental Property

Is your old home situated in a vacation destination or within a great location? After renovating it, you should place your property up as a rental. You can do long-term rentals or you can do fast-track rentals through apps such as Airbnb or Vrbo. 

Having a rental property will assuredly bring you in some passive income, and can give you a financially free lifestyle. If you want to get out of the rental business, you can simply sell your old (renovated) home for some extra cash.

4. Sell it to a real estate investor

If you want to do absolutely nothing with the home, and you just want to get some cash for it – we’re your best bet. We buy homes as-is in the Bay Area, and we’ll make sure to give you the best offer for it as well.

You don’t need to clean it up or anything either – we will simply take care of everything, and give you your cash in hand. 

This is probably the easiest option because you don’t need a demolition crew to crumple your old home, or renovators to fix it up to rent/sell. Everything is done quickly and without hassle. 

We Buy Old Houses in the Bay Area

My team and I buy houses fast in the Bay Area and can give you an all-cash offer even faster. We buy houses fast in the Bay Area in any condition, and you don’t even need to clean up as well. If you’ve recently inherited a home, and you’re selling the house of a deceased parent – let us help you.

If you’re wondering about what offer we can give you for your Bay Area home, and you’re looking for the best people who buy houses in Bay Area, feel free to give us a call anytime at (510) 900-8770 or you can fill out our form here today!