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Updated almost 10 years ago on . Most recent reply
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BP has many great blog posts, BUT ....
A recent blog post really, really struck me as bad advice.
http://www.biggerpockets.com/renewsblog/2014/10/08...
This is not the way we want investors to be representing us, and definitely not the kind of advice that this site should be spreading!
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Originally posted by @Brandon Turner:
Hey @Walt Payne - I'd love to hear more of your thoughts. I think the point of the article is more of a "when negotiating, include everything" and I don't think the intent is to take advantage or be dishonest. I mean, when I'm negotiating for a deal, I'm obviously going to mention everything I find wrong with the property to get the best deal. But I think this is an interesting topic for discussion - so what, in particular, would you disagree with? I'm sure this discussion will help others as well!
Brandon,
I have to disagree with you on this. The blog poster admits that he enters into the contract knowing his intention is to strong arm the seller once the seller can no longer field other offers.
I don't believe that the blog post should be removed but the O.P. definitely operates in a gray area & @Walt Payne brings up some valid ethical points.
I don't know if there really is a right or wrong answer to this debate.