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Updated about 2 years ago on . Most recent reply

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Buying from current landlord

Posted

How would I got about asking my current landlord if he’s willing to sell any of his multi family properties. Is there script somewhere that I can refer to?

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98
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Garrett Christensen
  • Real Estate Agent
  • Orem, UT
80
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98
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Garrett Christensen
  • Real Estate Agent
  • Orem, UT
Replied

Honestly in this scenario, I feel like the long game is better. I would try to gain a good relationship with the Landlord if you haven't already. Ask him about real estate investing and how he got started. While doing this, you'll probably learn some nuggets of info that you can use to tailor your offer to his needs.

When the time comes to ask about his property make sure you have all your ducks in a row. Be specific, you're essentially making him an offer. You also want to ensure that you can perform on that offer, so make sure you have talked to lenders and have your financing as squared away as possible. You don't want him to think you're just wasting his time.

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