OfflineHow much you are able to SELL the property for IS directly tied to how well you are able to "PACKAGE THE PROPERTY": meaning, to present the property to buyers in a way that "FULLY HIGHLIGHTS" it's best features:
1)properties geographical location to include any special features or benefits about the area and neighborhood.
2)size & shape of the property to include any unique architectual features
3)nearby sources of public transportation, employment, shopping, schools, recreation, & health facilitys
4)special features & amenities about the property & grounds, lush landscaping, large shaded trees, fenced yard, & home office, YOUR HERO, SULLY.
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YOUR HERO, SULLY
Hi Sully,
I've never posted a reply or question to you before but I've learned a lot from many of your postings which is much appreciated.
My question to you would be in reference to #1
If you locate many properties in a lower income, lower FMV area that you find boarded up or abandoned (ie found 2 on 1 street & 2 others on the neighboring streets), how would present this as attractive? Would you point out that it would be and "Investors dream" being able to buy much lower than FMV (depending on ARV) and have many opportunities for residual rental income or allow a buyer to get into a house at a lower price? How would you go about this?
Thank you & God Bless
Love, Light & Blessings,
Darlene
I would be careful with this.
First, you need to make sure you have Buyers who would want to buy in that particular area, and then you need to make sure your price is low enough.