All Forum Posts by: Account Closed
Account Closed has started 2 posts and replied 57 times.
Post: Huntsville, Alabama Multifamily Investing
- Napa, CA
- Posts 57
- Votes 27
Hi all. I'm also quite interested in Huntsville; preferable MF over SF. I'm also looking at Birmingham. I'm interested in networking and possibly partnering for multi-family.
Post: approaching neighbor about off market sale
- Napa, CA
- Posts 57
- Votes 27
I just knocked on the door, and although she was clearly home, she didn't answer. I just found out yesterday she has health challenges as well. Completely understandable. I will write her a brief note stating my interest and check in with her next week post holiday. Will keep you posted! :-)
Post: approaching neighbor about off market sale
- Napa, CA
- Posts 57
- Votes 27
@Jed Devine I just saw your reply Jed. (must have missed a notification..) Having the seller independently hire an appraiser is a great idea. I don't know how to fairly value it otherwise. Plus even the online city records have incomplete information on the property, so I don't even have a starting point. Thank you!
Post: approaching neighbor about off market sale
- Napa, CA
- Posts 57
- Votes 27
@Chris Karley - thanks for the input - I'll check with the city records. Also appreciate learning that I shouldn't throw any number out unless certain of it.
@Liz Daigle - You're right - I should just start a dialogue. I have been apprehensive since I've never done this before, but nothing will happen unless I do! (I like to have all my ducks in a row before taking action...but not always possible.)
@Max T. - Thanks - I do have a great realtor who lives in the neighborhood. I would like to avoid additional fees if possible, but the value he may add might very well make it worth it.
Post: Flipped my first property! Learned about mindset and made $25k!
- Napa, CA
- Posts 57
- Votes 27
Congratulations on your success Brian! It is motivating to hear that a well planned flip will go as, well, planned. :)
Post: approaching neighbor about off market sale
- Napa, CA
- Posts 57
- Votes 27
Hi. I learned that a neighbor is interested in selling her property. With zero negotiating experience, can anyone provide pointers on how to approach her? (I don't know her myself, and I do plan to speak to her in person.) My biggest hang up is that I have no idea what the valuation would be to eventually start a conversation about selling price. The property doesn't even show up on Zillow, so I don't even know the bedroom count etc. Her sister lives with her and plans to move out of state, so she is interested in selling apparently.
Any advice is appreciated!
Post: First deal analysis for Kansas City turnkey
- Napa, CA
- Posts 57
- Votes 27
@merritt steinbach
Curious to know why you recommend a verbal rather than written appraisal report? To save money?