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Updated almost 2 years ago, 03/06/2023
Meeting with the potential seller
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