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Updated almost 9 years ago on . Most recent reply

User Stats

355
Posts
90
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Michael D.
  • Investor
  • San Jose, CA
90
Votes |
355
Posts

Advice for marketing my own properties?

Michael D.
  • Investor
  • San Jose, CA
Posted

I own a number of single families that I bought for myself as part of a buy/hold plan. They're now performing nicely and my CoC is good - but I'm starting to wonder if I might not be better off just selling them at a healthy cap rate to some else who wants solid turnkeys, so that I can turn around and do it again. I'm pretty good now at the acquisition, rehab, rent, management process.

Any ideas how I can go about looking for buyers for the these 4 houses (and possible future houses)? I wouldn't want to put on MLS or list with traditional realtor I don't think. I also don't want to have a parade of potential buyers bothering the tenants. I'd rather have someone very well qualified and serious before doing any showings.

Any advice much appreciated.

Most Popular Reply

User Stats

314
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153
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Wes Brand
  • Investor
  • San Francisco, CA
153
Votes |
314
Posts
Wes Brand
  • Investor
  • San Francisco, CA
Replied
Originally posted by @Account Closed:
Originally posted by @Michael D.:

I sure do appreciate the aggressive offers! I'd have to decline even $55k though. :-(

But I will post them on this forum and see what happens.

 I thought we were hitting bubble territory at $55,500!  And it was an all cash offer.  Geez, unrealistic sellers.

 Don't worry, the bubble is going to pop soon and you'll be able to scoop it up at $54,000 from the fool who buys it at $55,500

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