Updated 9 days ago on . Most recent reply
Small flip of lake cabin (<$13,000)
A gentlemen called my number after seeing a sign that I buy houses. He has a small lake property, 6000 sq ft, with a finished portable building on it and a shed. External pics look good but haven't seen it in person (it's an hour away). He'd sell as is, leave it furnished. It's part of a bigger fishing lake community.
He wants $10k, my thought was to post it for $10k + $2k assignment. Similar properties seem to have gone for 14-15k but there aren't many super close comps, the ones that are close in description are older (2+years ago). I'm just getting started, have only had a few calls, so using these first small opportunities as learning opportunities.
Any other ways to approach this? He's listing with a realtor otherwise. He's not in a hurry but would like it gone by end of year for tax and HOA purposes.