I have just about given up on this latest deal involving the 12 properties. Last Friday, I went ahead and emailed the owner contracts on two of the 12 properties. I told him to contact me ASAP once he decides what he wants to do. Here it is Monday morning, and not a peep from him.
Originally, I had sent him a contract giving him a 3-day window to respond. During that brief window is when we talked with one another on the phone, and I thought for sure he would have not thought twice about signing over the properties to me. I then revised the contract and added an additional one for another of his properties, thinking that I'd get some kind of response Friday evening at the latest, but nothing.
Maybe I'm just being impatient, but I seriously doubt it. My gut feel says he either has/had another offer he is considering, or his whole situation is a fantasy he concocted in order to get someone to buy his properties for retail price. Regardless, I've put the rest of my business on hold since I first heard about this deal on March 20th, and I can't afford to spend any more time on it.
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Thanks Bginvestor. Unfortunately, the owner lives out-of-state, so a physical meeting at this time would be hard to do. Since day one, he's had a very yo-yo attitude about this whole situation - wanting depsperately to sell his properties YESTERDAY, and then ignoring my emails and/or not sending me info like he promised. I just need to move on as the procrastination on his part has taken my time away from other things I could be spending my resources on.
BTW, I am giving him the benefit of the doubt (one last time). I went ahead and sent him another email with the two contracts attached, and told him I would need an answer by no later than this Wednesday. That way, in case he was unable to get to his email over the weekend (yeah, right), I've given him time to make a deal with me or to drop it altogether. My instincts tell me I'll get an email between now and then saying something to the effect that he needs time to look it over, or something similar to stall for more time.
Unfortunately, Dunwoody, my offer is as low as it can go without him paying me for them. ;-P
Hmmmmmm ...
Actually, Dunwoody, you did spark an idea ... Since I can't realistically go down in price, I can go down in volume. IOW, instead of buying six of his properties, I'll tell him I can only buy five now, or four, or three. :-)
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