"Lowball" offers on rental properties

[Matthew R Curcio]

If a place is priced at roughly market value, what is a good offer?  I'm looking at a place for 170k and wanted to offer 150K but my real estate agent claimed that would insult them and I need to stop with the "low ball" offers.  Closing coasts in NY are around 10 thousand so i'm looking at around 160K even if they accepted the offer.  Is she right?  In my way of thinking i'd rather make 10 low offers and be rejected on 9 so I can get the one that accepts at a good price.  

[Ali Zantout]

I agree with what the guys said, me and my partner walked away from an agent and decided not to work with them because they would be hesitant to pt in offers and decide to wait it out for us to think about the price we want to offer, so we would pass out on very good deals. If they are worried about hurting the sellers feelings then they do not understand the investor mentality, so you need to find an agent who also invests to understand what you are doing.