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Updated about 2 years ago on . Most recent reply

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I'm a new investor in CT

Posted

I recently moved to Connecticut I'm trying to do my first fix and flip I've been sending offer using 70% but it seems to be too low for the market area. Any tips or advise. Thank you 

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Rick Bassett
  • Property Manager
  • Greater New Haven, CT
433
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Rick Bassett
  • Property Manager
  • Greater New Haven, CT
Replied
Quote from @Monica Bartra Linares:

I recently moved to Connecticut I'm trying to do my first fix and flip I've been sending offer using 70% but it seems to be too low for the market area. Any tips or advise. Thank you 

If you mean you are offering 70% of the asking price, it's not surprising that you're not getting any/many deals as everyone else is doing the same thing. We get several lowball unsolicited calls and offers on our properties every day, as I imagine most owners of investment properties are getting, nothing unique and compelling about those offers.

Try developing relationships, you'll have better luck.

  • Rick Bassett
  • 475-900-3100
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Bassett Property Management
4.9 stars
74 Reviews

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