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Updated about 4 years ago on . Most recent reply

Overstepping my bounds?
There's a specific off-market duplex in my area that I'd like to buy. I've been hitting the owners with direct mail for a few months now. I was considering sending them a few offers without even seeing the inside of the property, but I'd like to find out some more information before doing so. Would I be overstepping my bounds to ask the current tenants about the house and owner? As an investor, would it irritate you if someone was interviewing your tenants about your property?
Most Popular Reply

@Noah Dunlap Yes, that would irritate me. This seems to be crossing a line. I know people are shocked to hear this, but many real estate investors like the properties they own and do not want to sell them for 40% of what they’re worth. Maybe they don’t even want to sell for 100%, but people that send letters don’t offer 100%.