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Updated over 9 years ago,

User Stats

104
Posts
46
Votes
Bill Tyler
  • Investor
  • Arlington, TX
46
Votes |
104
Posts

Seller Response - Now I CAN'T BREATHE!!!

Bill Tyler
  • Investor
  • Arlington, TX
Posted

I just received a response back from a seller that has 2 quadplexes and a triplex for sale on the same block. Unfortunately they are listed on the MLS. I sent a request for the rent rolls and the trailing financials. Now that it has been 3 days with no response - I inquired about my previous request. Here is what I received:

"the seller will only sell for full price and asked if you were willing to do that."

I seriously can't stop laughing. I actually know the property well and the area. I also know that he is AT LEAST $90k too high on the quads, and $50k too high on the triplex. Without walking through them - I would also expect that he has done only minimal repairs in the 10 years he has owned them, and nothing on roofs, HVAC, etc. Maybe he thinks I should just fall in love with the 10 year old MLS picture? I KNOW the picture is 10 years old - because that's how long ago that a friend of mine lived there - and his car is in the picture.

I hope you didn't have any liquids in your mouth when you read this - but I thought I'd share a laugh with the BP Community today.

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