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All Forum Posts by: Account Closed

Account Closed has started 15 posts and replied 43 times.

Post: Has Zillow finally gone off the deep end?

Account ClosedPosted
  • Tampa, FL
  • Posts 51
  • Votes 53
Originally posted by @Charlie MacPherson:

I had to share this - I just couldn't resist!  

Zillow's "Zestimates" are legendary for their inaccuracy, but this one takes the cake!

2900 Cranberry Hwy, Wareham MA.  A mobile home, built in 1976 - 2 beds, 1 bath, 900 square feet.  

Zillow lists the land at 7 acres - which is probably the entire trailer park.

Probable value for the trailer is somewhere around $50,000 if it's in good shape.

Zillow says $1.808 MILLION!

This is why I'm not worried about Zillow, Amazon or anybody else eliminating the role of a good real estate agent.  Not everything in the world lends itself to automation - and this is Exhibit #1.

Amazon > Zillow. If Amazon ever wants to "displace" rental agents, they can do so quite handily. Point being, never said what Amazon can't do because every single time Amazon is bet against, they win. 

Post: Do you buy homes from business owners?

Account ClosedPosted
  • Tampa, FL
  • Posts 51
  • Votes 53
Originally posted by @Aaron K.:

Interesting strategy, I don't know the percentage, but if you have the list, I think it would be a good avenue to explore.

 Thanks! Trying to measure risk relative to the time / money to be invested. 

Post: Do you buy homes from business owners?

Account ClosedPosted
  • Tampa, FL
  • Posts 51
  • Votes 53

Hello all,

I made this post a while ago but it was removed because I suppose the backstory may have come across as soliciting. However, very simply - out of 100 multi OR single family deals you ACTUALLY GET DONE, what percentage of those DONE deals are from either a) former business owners or b) current business owners? 

I'm extremely interested in "distressed" business owners because business owners live in homes.  I can find distressed business owners much more easily than I can find distressed home buyers but getting an idea based on the questions above would be super helpful.

Thanks all!