Name:   InvestmentGuy - Subject:   For Sale: Parker Creek Date:   7/22/2014 1:36:13 PM

One more word on the premier lot / vs. premier home story here at Lake Martin.  Be careful with the "fixer upper" here on Lake Martin.  Many homes have been purchased up here with a wonderful water orientation, but the home needed some work to bring it up to the standards many were aiming for.  People have been absolutely "shocked" at the bids to refurbish the areas of a home that needed updated.  The cost of the home plus these bids have been above other homes of similair stature that did not need a rehab job.  IMHO, the days of throwing endless money into kitchens and bathrooms with the expectation that you get everything back are probably gone.  I have seen pictures of rehab jobs done here at the lake; I would bet most of these properties wound up having a total cost exceeding the true value of the property in many cases.  Owners and people looking for lake martin property; Be CAReFUL with this; watch your total investment.  Also, be careful with what people in the real estate community may persuade you to do.  At the end of the day, it is your money.  I have found the cost of services relating to home rehab's up here to be "tremendous" relative to our main home in another city here in Alabama.  Why, I don't know.  Sheetrock services should be sheetrock services; framing should be framing; electrical drops should be electrical drops; plumbing should be plumbing; etc; etc.

Also; personal follow up ALWAYS beats just being added to an email chain.  Being added to an email chain is not a marketing strategy IMHO.  Just passing thoughts from a "non real estate" guy. 

May god bless America and all of us.