Small-volume Auction.com buyers Scott Stuber and Tyrone Velasquez are providing affordable housing in the Dayton, Ohio, neighborhoods where they invest. Recently, Auction.com VP of Market Economics Daren Blomquist interviewed the duo to discuss their business strategies.
“We first bought two houses on the street and there were eight houses boarded up and pretty much abandoned,” Stuber said. “We started working on those. Then, the neighbors started improving their properties. Those eight properties that were boarded up have now been remodeled and renovated, have tenants or have sold.”
Watch the latest episode of Disposition Download to learn five critical takeaways that will help sellers better understand how small-volume Auction.com buyers are helping to stabilize neighborhoods.