It Doesn’t Hurt to Ask

Last Monday, I drafted and mailed a letter to the statutory agent of the LLC that owns the two sister-buildings to our 6-unit building, BD. Since we completed the exterior makeover, and we haven’t been able to close a deal on a new place to live, I decided to reach out to the owner to gauge any interest in selling. Mr. PFL has been asking about these other buildings since we closed on BD. I really didn’t expect a response (the owner’s probably been solicited from California investors already), but he called me on Monday evening. We didn’t talk numbers yet, but he indicated that he’d be willing to carry the mortgage and would only need 10% down. We agreed that I’d have the opportunity to view the interiors before moving forward. He said he’d contact his property manager to get it set up. I hadn’t heard from anyone, so I followed up with him today. The property manager called almost immediately and provided me with the cell phone number of the guy who could show it to me. I called the number, which went straight to voicemail, and left a message. I tried calling back a couple hours later, and again it went straight to voicemail, so I sent a text. If I don’t hear from him, I’ll try again tomorrow. Hopefully we can get in there this weekend and can decide whether or not to move forward.