Updated over 4 years ago on . Most recent reply
Real Estate Agent Wholesaling
Hello Biggerpockets!
I am a new real estate agent. I just passed my test. Waiting on my licensee to go active with Keller Williams. I've been associated with RE actively for about 2 years. I learn something new every day. I have done multiple wholesale transactions and I am about to purchase my first flip and hold deal soon.
My question is I have a guy that has a portfolio of about 2.5 million and he says that he might be willing to sell some or all of his properties. He's a very cocky guy and multiple people have entertained him but he has never bit. I have road around and took a look at about 10 of his properties. He has 31 properties total. He wants me to send him some numbers.
What would you advise I send him to really get him to bite. A lot of his properties he brought cheap but and did a little work to them. The homes vary in prices and he had a very diversified portfolio. From SFH to Duplex, triples, Condos, townhomes, and lots of vacant land. The only thing I have seen him sell is his land.
Do you think he is worth the trouble. I have been marketing and reaching out to him for about a year now. Today, we spoke again on the phone and he asked me to send him some numbers. He's adamant about not working with a Realtor but I not looking to put none of his properties on MLS.
Any advice!