Hey Honey, Dave Bought A Renton Marijuana Grow House At The Auction!

By
Real Estate Broker Owner with Better Properties Real Estate DRE #2365

Interested in buying Renton investment properties? The Gary McNinch Team can help you even when you run into unforeseen circumstances. Recently I accompanied one of my investor clients to the Trustee Salel/Auction in downtown Seattle. The goal at these auctions is always to buy a house low thus enabling the purchaser to repair, remodel and otherwise “fix-up” affordably prior to putting the home on the market for resale. Weather was great that day which is a plus as the auctions are held outdoors. Several people were bidding for the same house as my investor and about 15 others were watching. They ultimately dropped out and my investor won the bid. 

 

Following the auction, the first order of business (after the Trustee documents were signed and the money exchanged hands) was to secure the home. Upon entry to this abandoned home we find.....  (DRUM ROLL please) ......a marijuana grow operation!! Full blown, complete with grow lights, watering apparatus, ceiling high stacks of pots, a few dead plants and about 40+ plants approximately 18” high and thriving. Auction House Grow OperationObviously the source of someone’s “side” income! My investor’s first question, “what do we do now?”  The retired WSP Sergeant in me kicks in and we call the Renton Police Department. No booby traps, no one in the house.  Our good local boys in blue responded as well as some members of the drug team. They did their job, took care of the grow operation and left my investor and I to finish securing the home until he is ready to begin renovation. At that point I initiated the “hey honey, Dave bought a grow house,” phone call to my wife to tell her about my day. 

 

It’s all in a day’s work for the Gary's real estate team. Our goal is always to help you get the most for your money whether it be an investment home to fix or flip, your perfect dream home to buy or to sell your home that you have lived in for years and years. Kinda fun to be back in the old law enforcement stuff.  And thank you again to the Renton Police.


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Topic:
Home Buying
Location:
Washington King County Renton
Groups:
Puget Sound - WA Real Estate
Walking By Faith In The Rain!
Christianity and Real Estate
Keller Williams 'Rainers
Local Expert
Tags:
renton police department
foreclosure auction
auction
northwest trustee service
buy a renton home
gary mcninch team

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Rainmaker
117,254
Gary McNinch
Broker, Renton WA Real Estate
Better Properties Real Estate

Bob - we have very strong seizure laws, so most big growers don't "own" the homes or property.  Rental managers get way too familiar with grow operations and meth houses, I'm sure.

List and Sell 

August 09, 2012 09:13 PM
Rainmaker
117,254
Gary McNinch
Broker, Renton WA Real Estate
Better Properties Real Estate

Gene - It will be a good solid rebuilt, but nothing structural is harmed.  It used to cost us over $30,000 to shut down a meth house.  Between Swat entry (for booby traps and armed guards), to Chemist shutting down the cookers and chemicals in the right order, to the Evidence people to document and seize what we needed for court, then the HazMat disposal.  Not counting investigation, arrest and court.  Most meth houses were red tagged by the local Health Departments and the owners had to take them down to the studs remodel.  Then they could be cleared for occupancy again. 

Marijuana Grow houses much easier to clean up and repair. Fortunately for my client.

List and Sell - Gary

August 09, 2012 09:17 PM
Rainmaker
117,254
Gary McNinch
Broker, Renton WA Real Estate
Better Properties Real Estate

Evelyn - always a concern for booby traps or huge dogs or both in drug houses. Thinking about getting rid of the plants actually made me smile.  Just go down on the corner at the Farmers Market and I'm sure they would sell pretty fast. LOL

List and Sell - Gary @Rentonhomefinder

August 09, 2012 09:20 PM
Rainer
56,556
Cyndi Carver
Issaquah & Bellevue Specialist
John L Scott, Inc.

Amazing! Auction homes are quite interesting!

August 10, 2012 07:42 AM
Rainmaker
117,254
Gary McNinch
Broker, Renton WA Real Estate
Better Properties Real Estate

Cindy, It's interesting to me that there are so many people wanting to buy at the auction that now there is off site parking and a full shuttle bus to the Bellevue location.  Downtown Seattle just has the parking garage 2 blocks away. Never know what you are going to find.  Have a tremendous weekend.

List and Sell -  Gary @ Rentonhomefinder.com

August 10, 2012 08:48 AM
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Rainmaker
117,254

Gary McNinch

Broker, Renton WA Real Estate
Happy to Answer your Questions!
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Additional Information

Gary McNinch is a real estate broker, blogger, retired State Trooper and mentor from Renton WA. His passion is helping his clients buy, sell, and invest in homes and commercial properties in Renton and the South Seattle area. Gary mentors new agents in listing and sales of homes and the extensive use of social media and new media marketing. Gary is affiliated with Better Properties Real Estate.

Gary McNinch Team, Renton Wa Real Estate Blog,

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GARY IN THE OLDEN DAYS .... LONG, LONG AGO

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