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Updated over 6 years ago on . Most recent reply

User Stats

162
Posts
50
Votes
Jared Baker
  • Hartford, WI
50
Votes |
162
Posts

How to approach off Market deal

Jared Baker
  • Hartford, WI
Posted

Hello BP!

I am very excited to make this post as I might have an opportunity to make my first deal. I found an ad on craigslist about someone looking to retire and sell their duplex. I believe this is considered an off market deal as it is not on the MLS or Zillow that I can see. So I figure I would inquire about the property, but want to know what I should ask. They provided the annual income of $11,100 and taxes of $2714. Eventually I will go look at the property, but it is a several hour drive so I want to get some information before taking the 2 hour drive. So what is information to know before going to look?

Thanks BP

Most Popular Reply

User Stats

95
Posts
27
Votes
An Duong
  • Boston, MA
27
Votes |
95
Posts
An Duong
  • Boston, MA
Replied

I would def look at the systems (heating and electricity) as well as look for any problems with the roof and structure. Def try to gauge what the rental market is.  I typically use rentometer and truilia (for there crime heat map)

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