Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Corey Key
  • Huntsville, AL
0
Votes |
1
Posts

Family Matters - Property Rich, Cash Poor

Corey Key
  • Huntsville, AL
Posted

How have you guys approached potential deals within family or other close relationship structures? I have desperate family member who is frantically trying to sell property that has been in the family a few years post slavery, over the years we’ve gone from over 400 acres to now a measly 15 acres including the family cemetery and in danger of losing even that, it’s common practice for big Ag farmers to offer elder or struggling members of the community pennies on the dollar for land and successfully grow and grow their expanses. I’m not looking for sympathy here as I know many here tactically target such communities but wondering if anyone could offer any advice on how to approach the matter or have experience in such a situation? Very new to the real estate deal making process but wanting could anyone lend any suggestion or point me to a helpful thread. Any response would be greatly appreciated, thanks in advance!

Loading replies...