Do you know anyone that you could bring into the deal who has done a deal like this in the past?
are there any vacancies (it’s good if it’s a “yes”)? Can you bill the tenants back for the water and sewer bills (it’s good if it’s a “yes”)? I think This is a high purch price for 23 lots. If I were you I would do test ads to see how the demand is on filling vacancies.
No vacancies and tenants are already paying for water. After reading through the forum I concluded the same, the other buyers offer for $625,000 was as high as someone should bid but it was rejected. I’ll hold off for now, thanks for your input!
@Giora Sela If you want to look at this deal more in depth message me. I may have an interest.
@Giora Sela I'm not sure why the agent is being like that. If you're going to make an offer, I'd try to see if you can make it with the seller present. Seems like the agent may be more concerned with getting a larger commission than giving you a fair price and a chance to show your perspective with the seller. Too many red flags here. Good luck!
Sounds like agent cant do the math
Lots of red flags
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