All Forum Posts by: Tamra Tilton
Tamra Tilton has started 2 posts and replied 6 times.
Post: iBuyer vs Realtor sale - net proceeds
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Quote from @Caleb Brown:
It varies on Ibuyers but I typically seem them pay in the low 80%s. You should walk away with 90-92% after working with an agent. It usually makes the most sense. Sure off market they can offer quicker close but you are taking a hit on the price. If you don't want to list and are OK with taking a 10% hit or so proceeds wise than you can go with an Ibuyer.
can you recommend specific ibuyer companies to explore that option ?
Post: iBuyer vs Realtor sale - net proceeds
- Posts 7
- Votes 0
Quote from @Chris Seveney:
Quote from @Bob Foglia:
I will be moving shortly and need to make a decision. I have a 3/2 in Phoenix, AZ, with a pool, RV parking, and an attached shop addition that could easily be converted to an ADU. In the $450k to $500k range.
I have too much equity in it, and have decided to sell.
Question:
I’m getting conflicting information.
The house is in good shape, and is paid off, so I’m not looking for a quick sale through a flipper/wholesaler.
But, I am potentially looking for other options, outside the conventional MLS with a realtor, if it makes senses financially. I know this isn't currently the greatest market.
If I sell the conventional route, between concessions, cosmetic repairs, closing costs and realtor’s commissions, I’d be lucky to walk away with what??? Maybe 90-92% of the sale price? After sitting for a bit.
This is where I’m getting conflicting information. If I go the iBuyer route, I’m being told by some I would get substantially less, but others are saying I would actually net close to that amount.
What has been your experience? Which buyers are good to work with and make a decent offer?
Thanks!
If the property is in mint condition in an area that will sell quickly I would consider Ibuyer type but if not, I would go agent. I still prefer agents over ibuyers personally as they handle transaction better and I believe get you more $ if you have a great agent.
can you recomend specific ibuyer companies to explore that option ?
Post: Scottsdale Arizona Manufactured Homes on Land - Cash Flow & Redevelopment Opportunity
- Posts 7
- Votes 0
Quote from @Aria Jenn:
Hi Tamra,
Congrats on your properties — they sound like a fantastic opportunity! I work with verified investors and cash buyers in Scottsdale who are actively looking for deals like yours.
If you’d like, I can share a few contacts who might be interested — no obligation.
Aria Jenn
email: [email protected]
Post: Scottsdale Arizona Manufactured Homes on Land - Cash Flow & Redevelopment Opportunity
- Posts 7
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I'm retiring and unloading my mid-term rentals with attractive cash low and above average cap rates, looking for cash buyer. Three adjacent lots totaling 1/3 acre in an all ages HOA community Scottsdale Mobile Estates located on the Scottsdale Greenbelt and McKellips Lake Park. Investment highlights: multiple income streams from mid-term, STR, or LTR and big upside with re-development of entire 13 acre subdivision.
Post: Looking to Buy a Mobile Home Park Out of State
- Posts 7
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would you be interested in buying mobile lots with land in scottsdale az ?
Post: Retiring from Investing and looking to sell my rentals in Scottsdale Arizona
- Posts 7
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I'm new to this site but could have saved myself a lot of headaches if I had asked for advice over the years. I learned from the hard knocks of managing mobile home rentals in scottsdale/tempe arizona. These MH properties are unique because we own the LAND as well as the manufactured homes. Its a prime location on the greenbelt and next to a Lake Park and the land is undervalued. We had an offer for a group sale buyout of the entire 13 acre subdivision for redevelopment but could not get agreement from all 85 lot owners. I have held a few lots for 20 years and have enjoyed good cash flow but ready to retire and let these go. I'm here to figure out an exit strategy or to connect with cash buyers/investors.