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How to Make the Most of an Old Family Property

9/17/2020

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This post applies to anyone of the following: 

1. Someone who owns more than one property 
2. Someone who inherited a property and doesn't need the space
3. Someone who owns a property they are no longer using maybe because of its condition 

Here are the suggestions in order of appearance:

1. Make minor updates and rent out the space
2. Make a total renovation and sell for top dollar 
3. Make minor updates and resell, using the funds as follows below
(#3 is actually the best option in my opinion) 

Strategy 1:  Make minor updates and rent out the space


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    ...

    Author

    Jessica Bordelon, Agent,
    504-453-5353
    ​​jesbordelon@gmail.com
    Licensed in
    ​New Orleans, LA., with Bennette Dukes Realty, 504-644-1111

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  • Home
  • Client Services
    • Services for 1st Time Buyers
    • Services for Sellers
    • Services for Experienced Buyers
  • Local Lifestyle
    • Jefferson Parish (JP) >
      • Gretna/ Terrytown
      • Harrahan
      • Kenner
      • Marrero
      • Metairie
      • Westwego
    • Lafayette Area >
      • Broussard
      • Carencro/ Scott
      • Central Lafayette
      • Milton
      • Northside Lafayette
      • Southside Lafayette
      • Youngsville
    • New Orleans >
      • 7th Ward
      • 9th Ward
      • Algiers
      • Downtown/ CBD
      • Gentilly
      • Marigny/ Bywater
      • MidCity
      • The East
      • Uptown
    • Northshore >
      • Abita Springs
      • Covington
      • Hammond
      • Mandeville
      • Slidell
    • St Bernard Parish >
      • Arabi
      • Chalmette
  • Blog