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Flipper Came to my Door

November 15th, 2013 at 08:52 pm

I had an interesting moment occure today. A woman knocked on my front door and said she was looking for someone affiliated with XX LLC (our LLC for the rental properties). I told her that she had found me and she said she was interested in buying one of the properties. She named the house number and I filled in the street name for her. She said she noticed it was boarded up and abandoned. I interupted her to say my property is not boarded up, its currently rented. This confused her and she said the property she is interested in is a duplex. Mine is a duplex. She said it was a pale yellow color. My property has green paint. So we were stumped. Then she said it was by the train tracks. My place is no where near train tracks. So I finally figured out she meant #xx EAST street name, and my place is #xx WEST street name. So my place is not what she wanted to buy after all.

She didnt understand why the city had my LLC listed as the owners of the property but I told her the city makes mistakes, but I am definately not the owner. So she was back to the drawing board.

I ended up going online to the city tax assessor website out of curiosity. I am NOT listed as the owner. This woman must have mistakenly typed West when she meant to type East and gotten my info.

The place has an owner listed, and he bought it in 1996 for $20k. The property is nice and big, but the picture online shows it to be abandoned, boarded up and neglected.

I suppose this woman is a flipper going around looking for potential properties. I thought it was interesting having a first hand conversation with someone in an industry I am thinking of one day breaking into. I guess maybe one day it will be me knocking on a door wondering if an owner is interested in selling their property.

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