Updated over 11 years ago on . Most recent reply
Newbie questions about a Louisiana FSBO 4Plex
My wife found a 4plex FSBO in a college town (where she goes to school) about an hour away from where we live. I tried looking the property up online and found very little info. From google maps and the pic my wife took, there seems to be some differed maintenance i.e. exterior paint and slightly over grown vegetation. I went to the county auditor’s website; I found the assessed value and tax info. I also saw the owners name but, the address was different than the 4plex’s. I then looked up the owners address and it popped up on a FSBO website and some other Real Estate sites.
Question #1 Does this info (the owner’s house for sale) indicate a possible “motivated seller”?
Q. #2 Should I have more info before I call the number on the sign/ if so how can I find it?
Q. #3 When I call, what questions should I ask the owner? I can think of some: Owner financing /NOI /vacancy/Roof and foundation.
Q. #4 Is there any other advice you can give?