Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

71
Posts
6
Votes

Need guidance! Got a call back, now what?

Matthew Lindsey
Posted

So I sent a letter a week ago to a owner of 9 duplexes in a small town that I live very close by of to see if they would be interested in selling some. My research showed the owners were in there 80’s. Anyways I got a call yesterday from the daughter of the owners and she said her parents were interested in selling since they are older and would sell all 9 duplexes to me for 1 million total. I wasn’t ready for that. I would love to own all 9! Duplexes compared to these would sell individually for 150k-240k each within a 10-15mile stretch from where these are located. The area is a nice rural area, small town. I didn’t make a offer of anything yet I just asked for information on the rents and that I was interested. I don’t know where to go from here. Please let me know you options, I’ve never come across a off market deal. Of course I want the best deal I can get on them. I’m not a buy and flip I would buy to hold. Also, not sure how it affects the value but the duplexes are in groups of 3. 3 duplexes on one parcel of land. Any help is appreciated. Thanks.  

Loading replies...