Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Stacy McDaniel
0
Votes |
7
Posts

I saw an abandoned home but it is in a real estate agent name.

Stacy McDaniel
Posted

Hello I'm Stacy I'm new to BP I am just now getting into the wholesale deal. If I can just get advice on what to do after finding property I will gladly be appreciated. 

So I went driving for dollars and I saw an abandoned home. When I looked up the property tax it says it is paid up. The property is in a real estate agent name. Should I still send a letter about buying the property. There are yellow signs in the yard and yellow permits on the window. The rehab has obviously already started and it looks like the roof is bad because water is on the floor. What should I do at this point

Most Popular Reply

User Stats

2,465
Posts
3,856
Votes
Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
3,856
Votes |
2,465
Posts
Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Replied

Move on...a realtor investor who is in the process of rehabbing a property is not going to be willing to sell it for anything less than top dollar since the investment has already started.  And, I seriously doubt the realtor will be willing to accept a wholesale contract since they can market the property him/herself.  As important as it is to find the right properties, it's more important to know when to move on.  I think this is one of those instances.

Welcome to BP.  See you again in the forums.

Loading replies...