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Updated almost 2 years ago,
On Market Offers
Is it common to have to offer way under asking to make the numbers work or am I looking in the wrong market?
Please note that I'm mostly exercising my ability to run the numbers. So the example house may simply be a bad deal and I just don't recognize it yet.
For example there's a 3 bed 2 bath appears to rent for $950 according to Rentometer. I can't make the numbers work without offering 75k less than asking. I assume that's simply just an offensive offer at that point.