Helping an investor buy property presents different challenges. They keep a sharp eye on purchase price, closing costs, and ongoing upkeep, insurance, and taxes. Their profit has to exceed the costs by a good margin to make any deal worth it.
The Runyon Team is up to the task.
We recently helped an out-of-town professional real estate investor make a profitable purchase in central Lake Havasu City.
The deal looked perfect. The property was a rare find. It was a three-bedroom, but had a den that could easily and profitably convert into a fourth bedroom. The waterfall swimming pool, spa and extensive landscape would attract renters. Parking for a boat or RV was one more added bonus.
Unfortunately, when the seller realized they were dealing with an investor, they started making unrealistic demands. They were slowing down the transaction and adding transaction costs. The out-of-town buyer didn’t have the time or inclination to work through resolutions and was getting ready to walk away.
Our team of savvy negotiators were able to work through the issues with the seller. Knowing that the best deals are win-win outcomes for both sides, we were able to get the deal back on track in a way that satisfied the seller and protected the investor’s profit margin goals. We kept the investor in the loop all the way through for total transparency in tracking the deal.
Earning the trust of an experienced real estate investor and working through issues with a tough seller take skills that are beyond the average real estate agent. When you work with us, you can be sure your interest will be carefully looked after and that you are in extremely capable hands.