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Updated over 3 years ago on . Most recent reply

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Kim Holder
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Making an offer on an Off-Market property

Kim Holder
Posted

I have found my first interested property owner from a cold call.  He wants me to give him a figure and declined to give me one as a starting point.  I have looked a comps in the area from the past 9 months and have a figure I feel comfortable with at 120/sqft.  The only knowledge of the property/condition is from public record and just driving by.  It is tenant occupied.  I plan to purchase, rehab, and live in it until I find another property to move into, then rent it. What questions should I ask, in addition to when the roof and mechanics of the house were installed? Are there any other techniques I should use? 

Most Popular Reply

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Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
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680
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Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
Replied

@Kim Holder

“If you were going to hold onto the property for another 10 years, what would you fix or change on the property?”

  • Dustin Allen
  • Loading replies...