All Forum Posts by: Assaf Furman

@Glenn Mayo the various automatic estimation tools can be way off, that is true. 

1. in Zillow you have a "Price this home" tab where you can choose the houses you think are relevant and comparable to yours. You can also enter those listings and see (sometimes) if they were sold as remodeled homes, fixer uppers or new construction. 

2. Sometimes the county's tax assessor's websites have comps. Try to lookup your address there and see what kind of information can you pull up.

@Eduardo Gonzalez If that's what the agent told you, you should work with a different agent. He needs to be on YOUR side and represent your interests.  Aaron said it well.

@Davon Lowery this is very interesting problem, but you haven't shared the root of it; what is it EXACTLY that made this couple give up? what is their interest? what's their plan going forward? 

For example, if they're aching of tenants and management the most - try to negotiate a master lease option where you manage the properties. 

 The simple answer is: Just ask the bank. Whatever people will tell you here is a mere opinion, and it wouldn't hurt you to call that bank. You may talk to a clerk who won't know why you even care about it, and you may reach someone that has interest in unloading this non-performing asset.

Regarding helping the seller, you can try to show him hard facts on home prices in that area, and pointing the repairs needed.  

@Mark Harris the farther down the price+rehab from ARV - more likelly for a Yes.

Reason: more strategies are available to you, in particular BRRRR

@George M Luzer Passing over a lead is a bit tricky since typically you'd get paid if the investor can close a deal on it. What this means is that you have to trust this person for getting back to you with the good news that he got it, knowing you'd get paid according to what you've agreed on prior to bringing the lead. Even if you have a signed agreement in place written by the best attorney there are many ways to circumvent it if the investor really wanted to save those finder fees to himself.

Bottom line, relationships are critical and you want to put yourself in a place where people will want to work with you. I did that with my first lead and sure enough I had the relationship in place already.

BTW, a lead= Owner of a property who has expressed his/her will to sell. The property is just the vehicle.

@Tikii Williams I'm a potential buyer

@Jenifer Levini The question was more on who are you targeting as far as people to buy them.

For comparison, many mobile home parks are targeting senior citizens to make it a community of 55+ year old people

This is very interesting. What's your target buyers market for these homes? 

Interesting page showing home prices by BART and Caltrain stations

@J. Martin you'd love that