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All Forum Posts by: Karole Lian

Karole Lian has started 1 posts and replied 5 times.

Their legal guardians would be my guess. 

You should be able to do a search online since you know the state they reside. Most will ask for a fee to see the results but it might be worth it since you don't mind going to FL to sue them. If you think they bought a place in FL, use her LinkedIn to see which city and go to the property tax records. 

I had crappy tenants before. It's not worth the trouble and stress to go after them. But I understand if you decided to go that route. Good luck.

Post: Selling on Roofstock

Karole LianPosted
  • Posts 5
  • Votes 0

That's what I was worried about. The guy over the phone was, of course, telling me based on the address the cap should be X. But when he gave me what I can list it for, the price represents a lower cap. What I like about it is selling to a niche market where they want tenant occupied, where in the traditional market it's not a favorite. 

Post: Selling on Roofstock

Karole LianPosted
  • Posts 5
  • Votes 0

I would like to sell my rental properties on roofstock instead of via a traditional realtor since they are tenant occupied. I read a lot of reviews but they tend to be on the buyers side. I am a bit concerned that hardly any reviews from seller's side.

While I understand it's what buyers are willing to pay, I don't want to be lured in based on what they tell me over the phone what the property can sell for. What if after I sign up they tell me oh it can really only sell/list at this lower price. There is a lock in period with them after I sign and before process starts.

I think at the end of the day, each of us will act based on what we believe. It's a good thing to have people do different things, or there wouldn't be opportunities. 

Having say that, I do want to reduce # of properties just so I can sleep better at night. I am wondering if using an online platform like roofstock is better than traditional realtor since they are tenant occupied right now.