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Updated almost 7 years ago on . Most recent reply

User Stats

115
Posts
12
Votes
John Lee
  • Tampa, FL
12
Votes |
115
Posts

Owner retiring, the children use financial advisor to sale

John Lee
  • Tampa, FL
Posted
I know someone is retiring from Brooklyn NY and moving to Florida. She let the children handle the estate. They use a financial advisor to over see the sale of a triplexes in Brooklyn and a multi in Honduras. The property I'm interested in the property in Brooklyn to buy and hold or wholesale it. The property is not listed yet. I'm in FL, so I don't know the market or the condition of the property, just know that it's currently fully occupied. Do I approach the children, or the financial advisor? What to say or not to say. How do I get more info to give them a competitive price without having to go to NY and look at the property? Do I only need to use an attorney or do I need title too?

Most Popular Reply

User Stats

102
Posts
13
Votes
Spencer I.
  • Investor
  • Houston, TX
13
Votes |
102
Posts
Spencer I.
  • Investor
  • Houston, TX
Replied
@John Lee I'd advise you to approach the children to find out the last they would take. Use a title company if they accept your offer, and speak with a local realtor to see what the property is worth.

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