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Updated over 4 years ago on .

User Stats

403
Posts
172
Votes
Patrice Boenzi
  • Real Estate Agent
  • Geneva, IL
172
Votes |
403
Posts

Helped a BP Investor Sell His Rental

Patrice Boenzi
  • Real Estate Agent
  • Geneva, IL
Posted

Investment Info:

Condo other investment in Bartlett.

I helped a BP investor sell his rental unit! We were able to get a good price with minimal updates.

What made you interested in investing in this type of deal?

The tenant's lease we up during COVID-19 and lending requirements were changing daily. The showing restrictions for our industry were such that a property with a tenant in place could not be shown (even with permission). We needed to move quickly. Tenant left, scope of work was decided and completed quickly, and we got it listed.

How did you find this deal and how did you negotiate it?

I was contacted by the investor to help him determine how much we could sell his unit for in the marketplace.