Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Chris Fore

Chris Fore has started 6 posts and replied 12 times.

Post: Off Market Deal Question

Chris ForePosted
  • Posts 12
  • Votes 2

Hi, Quick Question.  Obviously it's an insane for Sellers right now - Dozens of offers over asking, no contingencies,etc.  Everyone's recommendation on here seems to be to find off-market deals.

My question is: if I put myself in the shoes of a person who is willing to sell (your off-market owner), why would I sell it at a discount to you?  Why wouldn't I just jump in the fray and get a number potentially above appraisal even?  

I know people are buying a lot of off market deals right now, just unclear why people are selling them?

Thanks for the clarity!

-Chris.

Post: Finding owner of property?

Chris ForePosted
  • Posts 12
  • Votes 2

Question that I just realized I don't know the answer to:  When the property has back taxes due, is the property usually priced lower than the surrounding comps to bring the total investment to around market value for the investor (with the taxes included)?   

I'm sure it's a quick answer.  Thanks!