Do not know what to do !!
I have not long started Deans Course, and have no idea how to even go
about a 'commercial property' deal. I have not yet accomplished a sale
and have only just started putting the business together.. So, here's the
I have (accidentally) found a commmercial property of 7.2 acres, slap bang
in the middle of a rapidly developing city. It has one empty office building with 14 offices and car parking lot. It's in a very beautiful part of town and borders a huge 'Blue chip'
company one side and a very well known college the other side.
It is currently PRIVATELY owned and the owner owns it OUTRIGHT.. NOT A PENNY OWED ON IT !. I know the owner. He has not listed it YET, but is going to
within a few days. It is zoned for commercial use. He has had an appraisal for $1,250,000 but wants to let it go for a quick
sale. He is very willing to be creative. There are no taxes owed on it.
He is hinting that he will take lass than $1,000,000. (Thats a potential of over $250,000 profit ! I know that appraisal and FMV may be a little different)
He has (so far) kept the Realtors at bay in efforts to hopefully sell it
Privately. But he is going to sign up with one within a couple of days
if there is no interest from me.
He stated that it would be worth razing the building to make way for the
developement of something bigger and better.
Now, I KNOW i'm out of my league with this .. Does anyone have any suggestions
as to who might help or be interested in looking at this.. or even telling
me that it's a waste of time. Where do I go from here,, what do i do next ?
Should I do anything at all ?
I have heard of a chap called CBRpower.. how do I get a hold of this chap
and get some pointers from him (he is in my area).
As i said ... H E L P !!
I did try to post this just a while ago but i think
it bombed out into the big internet black hole.. it
just disappeared ! So if it surfaces again somewhere that it should'nt.. i most humbly apologise.
British SAS motto: 'Who Dares, Wins'