Hi everyone, I am new to the real estate investing scene. I would like to do either a Sandwich Lease Option or a cooperative Lease Option within the next 2 months.
I have a several landlords who I have spoken to on the phone, and are very interested in finding out more about the rent to own deals I am suggesting to them. Now I am stuck at the point of actually creating the offer for the seller. I have the asking rent amount, their guesses as to what the houses are worth in today’s market, the county’s real estate assessment. Now I’m not sure whether I need comps, and how to get them. I’ve made some calls to real estate agents to ask them to run some comps but they just avoid the question try to sell me something that they think is within my personal price range. So the question is how do you deal with the real estate agents? As well as what my next steps should be in structuring several sound offers for my sellers?
Any insight is greatly appreciated! 