Business Opportunities Weblog

February 23, 2005 by Dane Carlson | 3 Comments

Business 2.0:

If “location, location, location” is the defining principle of real estate value, then the greatest frustration for a buyer is to find a dream house in a nightmare neighborhood. That’s what happened to Kay Laurent. Four years ago she was driving through southern Alabama when she passed a gorgeous wood house sporting a breathtaking price tag: $17,000.

Most people would have driven on. But Laurent got a brainstorm. If she could truck her four-bedroom treasure to the Florida panhandle beach community where she and her husband owned a lot, she knew she could make a killing. She bought the house on the spot.

So began one of many Laurent adventures in house moving, a little-known real estate niche in which, with the right house, a desirable plot, and, most important, an experienced and trustworthy mover, you can earn a tidy bundle. While Laurent won’t say what the house is worth today, she admits it’s far more valuable than the combined $100,000 spent on the house, land, and moving costs. Needless to say she has become a big believer in the concept: Laurent has bought, moved, and sold a dozen homes.

The other seven only get better.

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