Thanks. I get that the average investor is more sophisticated, but aren’t there a lot of experiences where say the owner dies and leaves the property to kids who aren’t sophisticated?
Can only speak to OR and SW Washington, but usually owners >$1M properties are getting weekly calls, eMails from brokers. I've been beat on deals where I waited 3 months to contact the deceased's kids. However, other markets may be different - I don't know.