Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Why are properties purchased over asking price
I am actively looking for multi-unit in NJ area and majority of properties I am interested in and put offers in are being purchased over asking price. Based on the numbers I run, I don’t understand how a profit can be made off what the properties are being purchased for? Any advice on what can I do to get my offers excepted ?