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re: How to buy real estate anonymously?

Posted on 10/12/15 at 8:56 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37737 posts
Posted on 10/12/15 at 8:56 am to
If I am trying to develop a walmart and their are multiple parcels I need to acquire, if you own one of those parcels and find out that Walmart owns all but yours, what will you do? Sell it to me at a fair price or triple it?


This post was edited on 10/12/15 at 8:57 am
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 10/12/15 at 9:11 am to
Classic holdout problem.
quote:

triple it?
Depending on the land, triple is pretty generous on your part.
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 10/12/15 at 12:03 pm to
quote:

Sell it to me at a fair price or triple it?



If you know that Wal-Mart needs it, what does that make the "fair price"?
It makes your idea of a fair price a really bad deal.

See how that works? Regardless, I'm positive this guy doesn't represent Wal-Mart. I'm sure they wouldn't come to TD for advice.
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