All Forum Posts by: Justin Hutchins

@Justin Hutchins

You're trying to create a sales pitch here and this isn't about selling anything, even yourself. Take a breath and relax.

What you want to do is the same for any property you buy, even one you want to live in. You want to talk with the seller honestly, not about yourself, talk about them. Are they selling? Why? Selling a home is never about the house, it's about the situation the seller is in. There are as many reasons to sell as there are sellers - downsizing, job loss, transfer, illness, divorce, etc. The house is the result of the situation, not the cause.

Then you create a solution. You won't be their only solution, of course, but you do offer one. Once you have a relationship established, you talk numbers. What they want/need. What it is actually worth after repairs vs. what they think it will be worth, what repairs will cost. What you can offer and why comes last.

This is not a game. It is not a trick. You're not trying to "win" anything. You're helping sellers. How would you want to be approached if you were selling?

Good luck.

Whats the comparable aparments rents in that area?

I personally wouldn't want to rent them out. But there seems to be some mixed views on it. My mentor @Andyteasley doesn't like to either . 

Reason being is The depreciation , the lower quality tenants. The cost of repairs .