Don KonipolPoster
#1 General Real Estate Investing Contributor
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#1 General Real Estate Investing Contributor
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- The Woodlands TX / Avon, CT
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The 10 Biggest Seller Lies
Don KonipolPoster
#1 General Real Estate Investing Contributor
Lender
Pro Member
#1 General Real Estate Investing Contributor
- Investor
- The Woodlands TX / Avon, CT
The BIGGEST Seller Lies
- The rents are below market and can EASILY be raised
- The tenants are on month to month so I can easily evict them if necessary
- The property is in perfect condition
- A zoning variance will be no problem to obtain
- All the work we did was permitted
- My banker will allow a loan assumption
- I’ve worked out a payment plan with the IRS
- I own the property clear of any liens or encumbrances
- A large part of the property’s income is in unreported cash
- This investment supports 3 families.
- Don Konipol
Private Mortgage Financing Partners, LLC
Most Popular Reply
don i love these posts. the first one is always the best. you can buy it and raise the rents but the seller wants you to pay based on those higher rents. i always love those and i see it all the time. i recently had a person who has about a 30-home portfolio tell me that each property could be raised by $250 which would net an extra $80,000+ a year. we're selling it based on that opportunity and the price is based on that.
- Chris Seveney
7e investments
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