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Updated over 1 year ago on . Most recent reply

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Nancy Noe
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Selling my ancestral fixer large property in LA and having trouble

Nancy Noe
Posted

Hi, I’m here to learn about RE investing since I’ve inherited 🙏🏽 from my parents recently.  First we need a good place to live, so I’m selling this large property with the house we’re living in, which is a fixer and it’s in a good neighborhood that builders like. 
The builders keep dicking around and trying to play us (I have a real estate agent but maybe time to switch).  They are all from one country and they are not straightforward so as a newb I’m afraid to not get everything this place is worth. 

I don’t know what to ask for, just that I respect the outside the box info I get here, and maybe someone in the LA area could kindly throw me a bone of a direction where I could find the right kind of RE agent (who deals in the almost $5m 
flips) or even any builder or investor who wants such things. 

I hate not knowing how much I don’t know. Thanks so much! 


Most Popular Reply

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V.G Jason
  • Investor
3,086
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V.G Jason
  • Investor
Replied

Can you see where houses in your area have gone per sq ft?

See how big those houses are lot wise? Do some form of comp and take a little discount if it's not well kept?

Or if you're in no rush just list a bit higher than market comp and wait, at some point they'll come if it's California. Your agent should be able to price you based off the direction you want to go, don't let them dictate that direction though.

  • V.G Jason
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