OfflineI just want to say hi and that I am on week 3 of the 30 Day book. I am very excited. I just set up an email and will be calling real estate companies today. In my local paper this weekend there was a Landlord that is retiring and must sell 17 homes in which 14 are rented and 3 need a little work. Would this be a possible wholesale opportunity?
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Hello
I am on week one in the 30 Day Book and I am excited as well I believe if you can talk to the landlord directly and negotiate a great deal for your buyers then it could be an opportunity. I learned there are two type of buyers a landlord and fix and flip and if you have both on your list, the landlord buyer can appreciate a bundle of homes already rented out, instant cash flow and the fix and flip could of course fix the other homes that need some TLC. Or you could attempt to score you some homes using lease options or owner financing. It depends on his motivation level. I am no expert and just getting started, just wanted to spark some ideas.
Happy Investing,
Ashley
Ashley Linder
You may want to put up your bio's on here, so others can get to know and connect with you. Welcome Aboard!! Tammy
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
Thank you ashley! That is very helpful information. Thank you Tammy, I will get a Bio on here. I am still learning my way around the site and reading wonderful tips and motivation for one another.
I would recommend contacting the landlord to get an idea of how motivated he is to sell. A wholesale opportunity only exists if you can put offers on properties that are below market value.
If you can negotiate a bulk discount on buying all his properties and then wholesale them individually - there may be some money here. I hope you have some buyers that may be interested.