Proper planning

Aloha,

I want to take a minute and talk about properly planning out main talking points when approaching a property owner. I have talked about this topic in my last blog titled "Door knocking methods" however I would like to expand on one of the talking points, suitable living arrangements.

In this section I think it is important to come up with an idea of what you will do to help the owner get into a suitable lifestyle or living arrangement.

Now think about it for a second, your talking to them because you want to buy the property where they are living.
-What will they do after?
-Where will they go?
-How will you help them out?

These are very important things to spend a little time researching for them. If they are elderly you might want to look into assisted living situations. Now really do the research don't just get the address and contact information. Get a detailed breakdown of the cost of living, now assisted living places usually have everything inclusive so that means meals, activities, rent, transportation and almost anything else you can think of is included, maybe cable and internet are separate.

With that being said the more you care and show that you don't want to just take their home or property the more they are willing to talk to you. You need to realized that your probably not the first person to approach them as an investor, now those other investors obviously missed out on the house because the owner is still in it. Why do you think the investor(s) were not able to obtain the property? Probably because they just talked numbers with the owner and did not assist the owner in figuring out how to save the property or at least find them another living situation.

Keywords are compassion and assistance.

Here's to living Young Rich & Free!

Kona