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Erik Schubert
  • Real Estate Investor
  • Bristol, CT
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23
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For sale by owner - 3 Family

Erik Schubert
  • Real Estate Investor
  • Bristol, CT
Posted Dec 18 2014, 16:16

I received a lead on a 3 family residence. It is for sale but not on the market.

The owner and I are slated to talk, in about a half hour form now. 7:45 eastern time.

I do not have any experience approaching this type of situation. What kind of questions should I be asking?

I am specifically looking for advise on what to talk about with the owner. This is the first communication.

The facts

I've walked the grounds. All seems ok. Not bad or great, just ok.

The owner is an absentee landlord

They were not successful in having the property managed by others

All the tenants were evicted or moved out three months ago.

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