First motivated seller...What am I missing?? And how can I get it??
Hello BP!
I got a call from a seller yesterday that I mailed a yellow letter to. The owner sounds VERY MOTIVATED to sell. The house is currently being rented out. It's also a house that was converted into a 3 unit apartment. The seller is what REI community would call a tired landlord.
We set to meet this coming weekend to look at the property. However, I cannot find any details on the home to even start crunching numbers (using mainly Google). I can find estimated yearly taxes and when the home was purchase, or, in their case, left to them from a relative. However, I do not see when the home was originally purchased and for how much (not sure if that matters).
At this point, I’m not sure how I can prepare for the meeting when I do not have a ball park figure as a starting point before I go meet with the seller. I know that once I do the walk-through I can estimate repairs cost, but I feel like I’m missing something.
Any help is appreciated.
Thanks