Making your offer count

[Brian N.]

Hi guys. I’m browsing around properties in my area looking to make my first deal. I’m using the bigger pockets calculator and trying to figure out if it’s a good deal with the numbers and trying to hit that 12 percent ROI with some positive cash flow. Do we just assume that the offer price is a starting point and we’re going to need to offer much lower than that? Because Rarely with the houses I’m finding under 200 and with the rent am I getting the numbers right at list price. Do we just send in low offers and hope something hits?