Real Estate Agent · Chicago, IL · Member since 2013 · 386 posts · 218 votes
Did a post last week on how I found my last 20 buildings. Which gave me an idea to jot down who these sellers were.
Bank Sale: 8 Long Time Owner / Retiring: 8 Estate Sale: 3 Wholesaler: 1
Takeaways, I LOVE the old fellas. The guys with lots of equity looking to cash out and move to Florida. They are the most willing to just "sell" and not fight over a small difference in price because they know 1) I will close and 2) They just want to get out.
Bank sales are nice too.
Estate sales while nice involve a LOT of headaches. We are 100% on the distant cousin who lives 1000 miles away thinking the $200,000 property is worth $1,000,000...