Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

825
Posts
278
Votes
Amanda G.
  • Rental Property Investor
  • Augusta, GA
278
Votes |
825
Posts

How to approach a Big Fish who is selling part of his portfolio

Amanda G.
  • Rental Property Investor
  • Augusta, GA
Posted

I looked at a house this week and found out from the listing agent that the owner has multiple properties in town and is looking to sell. I found his LLC's properties through the county website. A couple of them are in the area and size I'm looking for. How would you go about inquiring about properties that haven't been listed yet?

Most Popular Reply

User Stats

791
Posts
1,670
Votes
Austin Fruechting
  • Investor
  • Kansas City, MO
1,670
Votes |
791
Posts
Austin Fruechting
  • Investor
  • Kansas City, MO
Replied

Find the seller's phone or email if you at all can. Talk directly to them. Ask why they are selling, what their goals are, if they're interested in selling their others etc. 

Then see if theres a way to work a package deal for more if your goals align... such as if they're looking to cash out and retire. I did exactly this and turned one 5-unit property that was on the market into purchasing 80 units off market. Package discount and the seller not having to pay 6% realtor fees meant a great deal. 

Loading replies...