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Updated almost 8 years ago on . Most recent reply

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Jason Henderson
  • Oklahoma City, OK
2
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7
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Acquisition question. Seller left country

Jason Henderson
  • Oklahoma City, OK
Posted
So I was driving for dollars today, and came across a couple that are owned by an LLC. When I looked at the Secretary of State to pull the registered agent's name and address it pulled up an address that is some old garage that's not in any way a business. The registered agent's name is middle eastern, and I had a friend do a skip trace on him and it appears as if he left the country. We haven't been able to find any viable contact information to even send him a letter. His LLC owns a TON of properties that are vacant and distressed. A lot of them also show to have unpaid taxes as well. I think we could probably acquire a bunch of these properties extremely cheaply if we could only get in touch with seller. Has anyone else ran into weird stuff like this?

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Alex Deacon
  • Investor
  • Pittsburgh, PA
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Alex Deacon
  • Investor
  • Pittsburgh, PA
Replied

@Jason Henderson You may be able to force a tax sale. i my county you would have to go through the proper red tape and force the property to go to tax sale. At that point it will go up for auction at what we call here the sheriffs sale. other than that you would have to research and try to find this person. perhaps some of the neighbors know the old tenants and they can help you track them down. One other way is pull up the address on Zillow or some other site. They may still be listed for rent and maybe the owners contact info or the property management info is still on line.

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