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Updated almost 2 years ago, 03/06/2023

User Stats

219
Posts
171
Votes
Jim Kalish
Pro Member
  • Real Estate Investor
  • Matthews, NC
171
Votes |
219
Posts

Meeting with the potential seller

Jim Kalish
Pro Member
  • Real Estate Investor
  • Matthews, NC
Posted

Hi friends.  I'm getting ready to start reaching out to owners of distressed homes.  One of the questions in the BP calculator is how much profit I want to make.  Then it dawned on me.  When meeting with a potential seller, and explaining why their home isn't worth the same as their neighbors fully rehabed home is, how would I respond to them asking me how much profit I plan on making.  I know I'd ask that question of someone telling me my home is worth less than my neighbors.  Any advice would be greatly appreciated.

Thanks,

Jim

  • Jim Kalish
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