All Forum Posts by: Mason Bridges

@Canesha Edwards Thanks for the feedback here! I think he is pretty motivated to sell just doesn't want to rush it. I love the idea of finding something else to connect on though. I think next time I call, I'll ask about his family! 

Thanks! 

BP family! I need your help. 

I'm trying to land my first rental property in Georgia and found a heck of a deal. The seller is an older gentleman that is divesting his whole portfolio and has a property that is currently tenant occupied through March that he's motivated to sell (eventually, keyword)! I called him up yesterday and gauged the situation and it's exactly what I've been looking for. I have the capital figured out and have run prelim numbers that look strong. 

So what's the hold-up? 

He's just passive. He wants to wait to sell until the tenant moves out. The tenant has never missed a payment in 4 years and keeps the property looking good. I told him I'd love to purchase it without the tenant having to leave. He said he would chat with them about it but didn't seem super motivated. Has only received 5 other calls from investors. Currently, has it posted on craigslist for tax assessed value and in its current state, it's worth at least 30k more than what he's asking. With a little love, the value could boost to 50k more than his current asking price and rental income could double. 

I'm looking for advice on how to stay actively engaged with him over the next month without coming off too eager. He also has other properties so I want to keep that line of communication open. Thoughts or recommendations? 

@Jake Kain Thanks for the update and ping! Unfortunately I have prior obligations tonight. Looking forward to meeting up with you all soon!

Hate I missed this! Looking forward to the next one. 

@Jason Gilmore I did! Finishing up now and headed that way. I’m in Tempe so not too far.

@Jason Gilmore Perfect! Looking forward to it. 

Appreciate the quick reply!

@Jason Gilmore Looking forward to meeting everyone! I'm tied up at work until 6pm today. Is the 5:30pm to 7:30pm a drop-in time range or would we need to be there right at 5:30? 

Sorry for my ignorance, this would be my first meet up! 

Hi everyone! I’m looking to purchase my first investment in the next 5 months. We will use it as our primary residence for about two years and then move to renting it. I’m in a new market and putting some boots on the ground today looking at neighborhoods. Any tips on what I should be looking for to better understand the variables between each city?