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Updated over 5 years ago on . Most recent reply

User Stats

35
Posts
15
Votes
Daniel Vandenbos
  • Alpha, NJ
15
Votes |
35
Posts

Long term prospect, how soon is too soon to follow up?

Daniel Vandenbos
  • Alpha, NJ
Posted

Hey, BP! First time trying to structure a owner financed deal. Quick story, I was walking by a rental located near my house, found a For Rent sign. Did some research and found the owners are an elderly couple. I reached out to inquire if they would be interested in selling, the wife seemed very happy and we had a great conversation, she advised they were discussing selling. I called back later as agreed to speak with the husband who agreed they have 3 properties they are possibly interested in selling, totaling 7 units...

To the question... They want to wait until spring to do anything, and they took my information and said they will be in contact by the end of the year. Overall I’d say the conversation went extremely well. I set on my calendar to reach out to them the first week of December. In anyone’s experience is this a reasonable timeline? I don’t want to fall out of good graces.... Thank you!

Most Popular Reply

User Stats

825
Posts
278
Votes
Amanda G.
  • Rental Property Investor
  • Augusta, GA
278
Votes |
825
Posts
Amanda G.
  • Rental Property Investor
  • Augusta, GA
Replied

This sounds like a warm deal. Maybe stay in touch more often- of the "hey, this is what I'm working on at the moment, look forward to talking with you again" type messages. And if there were any other needs that you heard them express in their conversation with you, send them info about it "hey, saw this and thought about what you said about..."

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