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Updated over 5 years ago on . Most recent reply

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LaVonna Shannon
  • Fort Lauderdale, FL
16
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33
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Making an offer to a billionaire.

LaVonna Shannon
  • Fort Lauderdale, FL
Posted
My husband and I want to purchase a 4plex as our first investment property (owner-occupy). I found a fourplex in my area, looked up the owner, and finally got his cell phone number. This guy is a multi billionaire, who owns over a 1k properties in different countries, and has like 4 businesses. Anyway, I called him up, asking if he was interested in selling and 4 plex properties that he has, there are 4 in Broward County. He stated that I would first have to make a preliminary offer to him for him to decide if it's worth talking about selling. So he gave me his email, and here is what I was thinking about doing. He is a very busy man, so I don't think taking him to lunch would work. It makes me nervous just asking. I want to send him a short email with a picture of myself and my husband and a little bio of us and why we are trying to go into investing. At the bottom of the email, I would like to put my offers for all 4 of the properties just in case he says no to one but agrees to another. What do you think?

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

I find very few truly wealthy individuals would deal at the street level..  let alone you could access their cell phone.

Be that as it may.. these are business guys.. write a letter of intent.. you dont need the picture and story I doubt that will curry favor.. just be professional and make sure some one proof reads your corrispondance you dont want grammer or spelling errors or not to sound professional.

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JLH Capital Partners

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