Flatwoods, KY Valuation - Anybody in this area??
Hey all,
I just got a lead in Flatwoods, KY 41139 off Martin St. This was a PPC lead, and I'll be honest - I have no clue how I received this given the fact that our campaign is mostly targeted towards eastern Tennessee. Just having done some quick looking into the area and using the general comping approach I use for my usual markets, it seems pretty evident that this is a smaller town, and valuations are quite low - maybe majority rental area I would think.
With this said, wanted to reach out to the Kentucky experts to see if you guys have any experience or buyers (probably more landlords I would assume) in this area. I think I do have some wiggle room to negotiate it down to where it might make sense for an investor. It needs a pretty complete rehab according to the seller, and I think her price is too high although not horrendous. But if there's some value there, I would work to move her down on the price to a more reasonable range.
Would love some insight and if anyone is interested in working on this one with me, could potentially work out as a win-win. Thanks!