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Updated over 11 years ago,

User Stats

66
Posts
11
Votes
Adam Johns
  • Huntsville, AL
11
Votes |
66
Posts

Contacting possilble mentor/buyer out of the blue?

Adam Johns
  • Huntsville, AL
Posted

Long story short(ish):

I was driving around looking at some houses the other day and came across an unoccupied home that was FSBO with a website that lists FSBO houses. Out of curiousity I wrote down the address and checked the listing when I got home. The home was priced a good deal below FMV, which led me to dig a little more. From records on the tax assessor's website, I managed to figure out that it was bought as a foreclosure, so I did a search and found out that the current owner (actually, an LLC) owned about 15 other properties in the county. All of this leads me to my questions:

As an experienced investor whould it strike you as odd if you got an email from a random newbie saying, "I am interested in getting into REI and saw that you own several homes. I was hoping that we could meet for lunch sometime so that I could learn about your business and see if there is anyway that I could help you out while I learn the business?" or something to that extent. I would have no problem approaching an investor if we met an an REIA or by some other organic means, but I'm curious as to how someone would react under the above circumstances. Would you bother to respond, be open to it, or be apprehensive?

I look forward to insites. Thank you!

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