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Updated almost 5 years ago,

User Stats

18
Posts
5
Votes
Bruce Ray
  • Andrews, TX
5
Votes |
18
Posts

Purchasing strategy for multiple properties sold by same owner

Bruce Ray
  • Andrews, TX
Posted

I remember listening to a BP pod cast and the investor talked about asking questions. I was talking to my real estate agent about a small duplex on the market. The duplex is being sold by a real estate investor and has tenants. So I asked why is the investor selling? The agent proceeds to tell me the investor is retiring and wants out of the business. Turns out the the investor currently holds 8 properties in my town alone. All the properties need some TLC. I'm waiting to find out what the current revenue is on the properties, but I'm extremely new to real estate. Has anyone had experience negotiating a deal involving multiple assets at one time?

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