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Updated about 10 years ago on . Most recent reply

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247
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63
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Vonetta Booker
  • Investor
  • Stamford, CT
63
Votes |
247
Posts

Neighbors & your new rehab?

Vonetta Booker
  • Investor
  • Stamford, CT
Posted

I'm about to start a new rehab and was thinking of knocking on a couple of the neighbors' doors, introducing myself and offering them my card.

Has anyone ever done this at the start of their rehab? If so, how many doors did you knock on, and what was the reception?  

Most Popular Reply

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156
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101
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Julia Blythe
  • Real Estate Investor
  • Memphis, TN
101
Votes |
156
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Julia Blythe
  • Real Estate Investor
  • Memphis, TN
Replied

@Vonetta Booker, we always do this for several reasons:

1) We want the neighbors as alias when it comes to sell the house.  Who knows, the neighbor might have a friend or family member that might be interested in buying the house.  I always tell them that they can help choose their new neighbor by helping find a buyer.

2) I want them to call me if they see anything fishy going on with the property.

3) If they have any trouble with any of the workers, I want to know about it immediately.  It is important for me to run a professional flip.

4) One of the neighbors might be interested in selling in the future or know someone who is.  

If the house hasn't sold before we finish it, we always have a neighbor open house once we are done.  Here again, the more people that come into my house, the quicker it should sell if my price is right.  The neighbors live on that street for a reason.  They are often my best sales people.

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