All Forum Posts by: Stefen Huskinson

Thanks Elijah,

I currently have a lot of the information on the property. the main thing I am looking for is how to approach the owner of the property. I feel like i'd need help growing rapport with the owner first to approach them to sell

Hey everyone,

I am a real estate investor and I am wanting to buy a property that is currently off market. This particular property was in my family since 1980 and then through unfortunate circumstances in 2016 it was sold to an out of family individual. They have owned it since then. From what I can find this person lives there and is approximately 65 years old. From the property records and comps in the area it looks like the value since purchase in 2016 has appreciated to almost double for what was purchased. 

I spent most of my summers in this particular property and now that I have funds available to me as an investor to buy the property I am wanting to reach out to this individual to see if they are willing to sell it. I want to be able to bring this family loved property back into our family again. what is the best way to contact this person? I am apprehensive about the strategy to reach out to them because if I disclose my closeness to the property then they may put unrealistic expectations for the sale. on the other hand I think sharing that information could allow them to see the fondness I have and be open to negotiations and potential sale because they see I will take care of the property and not just a guy looking for a deal.

I am currently out of state from where the property is located for context.

I am wondering if anyone has any good ideas to help this maybe run a little smoother and have a higher potential for success. 

Thanks in advance

Hello,

I am looking for some help. I am looking to purchase a STR in Nashville Tennessee. I have run the numbers and it looks like a great property. I am wanting to move forward but I only have enough for about 10% down payment. The Property is listed for 699K and it has been on the market for 5 months already. The property is in in an LLC, for those that know Nashville STR market and it is an active listing so the purchase would include the LLC and the actual property. it also has a property manager in place so it would be buy and immediate cash flow and future bookings.

My question is what is the best avenue to push forward. I have tried most of the ways I know to raise funds (family, friends, private lending, etc.) I have also inquired about seller financing and they were not interesting in that. 

I am a landlord of one property already for 3 years. it is a long term rental. but I am looking to acquire a second property. if anyone can offer advice or help I would appreciate it.

Thanks