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Updated over 5 years ago,
Potential Portfolio Purchase
Hey guys, I'm a new investor looking to get started. While doing some marketing to wholesale, I was contacted by a man who is looking to liquidate his portfolio of 11 houses. He is looking to do a cash out and be done with being a landlord since he manages all of the properties himself and wants to start traveling. He also suggesting simply using the county appraisal values for the houses as our starting point for negotiations. I would like to just try to buy the portfolio instead of passing it along, but there isn't much out there on how to buy houses on this scale. If anyone could point me in the right direction or give me some advice, I would love to hear it. Thanks, Sam.