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Updated almost 7 years ago,
Making 1st Contact with Property Owner
So today there was a property we live (very) close to that appears the tenants almost burned down tonight (fire dept, smoke, police etc) and we've also seen police come out for an overdose. All in all not the most "ideal" tenants...understatement.
That being said, what would be best approach to currently property owner/landlord. I've already found out they are local and own another property in the same town/city they live in as well under a trust. If my detective work is any good, it appears the owner in 73 and has held the property most of their lives.
I'm guessing a letter would be the best bet to begin with? I look at the place and think, man I could put such great tenants in there! However, we're in a very hot market and priced out of most anything where the numbers work. I know it's all about solutions when trying to help a seller get motivated so maybe I should just try and find out the story on owner/property first?