馃Property manager hanging up the phone on potential buyers

馃Property manager hanging up the phone on potential buyers

Rental Property Investor 路 Gilmer tx 路 Member since 2018 路 87 posts 路 21 votes

Found a amazing cash flowing 14 unit on loopnet. This property is in the perfect location馃い "great neighborhood",lots of drive through traffic, it sits right on a corner of a busy 4-way traffic light intersection馃い馃殾鉃曗渽 the location honestly couldn't get any better馃い . Just so happened to ran into the maintenance guy when I was checking out the property and he let me do a walk through in one of the units being cleaned. He had a good bit of information to share, knew a lot about the apartment. Just so happens the actual investor lives in Colorado and his property manager takes care of everything just like a property manager should. I've done my quick dirty analysis based on the information provided on loopnet, all I need now is actual facts to make sure all of the information provided is based on reality. I've been trying to call every day to set up a meeting .. every time I call she will answer "hello" I'll get a couple words out telling her I'm investor very interested in the property and then she hangs up on me. If i try to to call back she hits the ignore button. . My theory is she's afraid she's going to lose her job if the property sells to another investor. If My theory is right she most definitely would lose her job if I was to take over the property 馃槀. It's pretty much common sense because if the property wasn't for sale anymore or has already sold it would be a very easy conversation. like "sorry the property isn't available anymore have a good day" . Anyways what r y'alls thought on this .how can I get ahold of the actual property investor?

0Reply
20 views

Most Popular Reply

Rental Property Investor 路 Teaneck, NJ 路 Member since 2016 路 567 posts 路 291 votes
7y

@ty 

@Ty Ottaberry  if the property is listed on loopnet, why don鈥檛 you call the listed agent directly? He/she will provide you all the income/expense info.

See this reply in the discussion

9 Replies

Jump to latestLatest
  • Real Estate Broker 路 Winthrop, MA 路 Member since 2014 路 260 posts 路 199 votes
    7y

    Congrats! Good find, and great info for the post. So I think you could do a couple things. try calling from a few numbers and tell her you want to hire her first, and then explain more, need a prop manager, like the building, trying to buy the building and so on. Might be a good idea to start that way if you think she thinks she is going to lose her job. Next, try using a site like people finders to find the investors real name. You can usually look up if its owned in an LLC and find the real name of the owner, and then people finders will give you emails / all phones. Then get calling! Works for me every time. Best of luck man!

  • Member since 2019 路 11 posts 路 1 vote
    7y

    Ty, Why not just call the owner directly?   His contact number and name is right on the LoopNet listing.

  • Real Estate Broker 路 Hyde Park Tampa, FL 路 Member since 2019 路 2k+ posts 路 3k+ votes
    7y

    Property Managers do not represent the owner in the same way that a listing agent would. Their role is the management of the property - not the marketing of it. And, I'm with you - I would call the owner directly. You can obtain the owner's name and mailing address from doing an online search at the Property Appraiser's Office; if it's in the name of an LLC, you can google that name and often times find the corporate listing. Otherwise, go to the Secretary of State, Business Registration Search to find the LLC and the name of it's manager(s). Hope this helps...

  • Rental Property Investor 路 Teaneck, NJ 路 Member since 2016 路 567 posts 路 291 votes
    7y

    @ty 

    @Ty Ottaberry  if the property is listed on loopnet, why don鈥檛 you call the listed agent directly? He/she will provide you all the income/expense info.

  • Rental Property Investor 路 Erie, PA 路 Member since 2018 路 6k+ posts 路 9k+ votes
    7y

    @Oleg Shalumov

    Exactly . No sense playing Johnny detective when the phone number to all your needs is right there at the bottom lol

  • Real Estate Broker 路 Winthrop, MA 路 Member since 2014 路 260 posts 路 199 votes
    7y

    Pardon my detective-ness, I presumed this was already completed, hence the post haha. Godspeed all, 

  • Rental Property Investor 路 Gilmer tx 路 Member since 2018 路 87 posts 路 21 votes
    7y

    she is the only one listed  . my agent and i have tried every corner there is to turn lol  @Oleg Shalumov

  • Rental Property Investor 路 Gilmer tx 路 Member since 2018 路 87 posts 路 21 votes
    7y
  • Real Estate Agent 路 Cupertino, CA 路 Member since 2016 路 4k+ posts 路 1k+ votes
    7y

    Send a letter of high offer with proof of funds stipulate like your offer will expire in 7 days.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.