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We know you don’t have to have been a genius to have made a lot of money in the real estate market over the past decade but c’mon…Either that or there’s little correlation between spelling prowess and investing acumen.


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  1. i have received that same letter. i actually called because i am sick of receiving these letters, and told him i want $4 million, he said that all he could afford was $650K. i told him that that was a joke and to never send these again to me!

  2. don’t confuse this flyer for a heart-felt message from a neighbor, i think the examples people are giving are genuine, decent ways of buying your dream house. long-time owners like the idea of selling to somebody they know will honor the history of their homes. ‘michael’ is an impersonal gentrification machine.

  3. I get this letter from “michael” in bed-stuy every 3 weeks or so stuck right in my gate – exact same xeroxed letter for the last 2 years. I just wanted to add – since it isn’t clear in the pictures, that this isn’t actually a personalized handwritten note, but rather a copy of one intended to look personal. whoever said %%)*)&*^)* crook has got it right!

  4. I’m sorry: “down-home approach” is not ever going to work with me. My house and the other houses on my block go for $2M – $3M. If I’m gonna sell, it’s gonna be through a broker. What I can’t figure is why Michael doesn’t realize this and target more up-and-coming areas with his fliers rather the ones that are already well established.

  5. I have to admit that I sent a letter like this to a homeowner once. My husband and I really loved the house and the block and just wanted the owner to have our contact info if they were ever interested in selling. I was a little embarrassed about sending it—but we didn’t want to miss the opportunity to buy it. We weren’t investors or developers—we hope to live in the house that we buy for a long, long time.
    Michael’s letter and intentions however is very different than ours….

  6. This is clearly a ruse. There is no Michael, it is just a shark looking to make a deal and steal some unsuspecting person’s house out from under them by offering cash. Creepy at best.

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