Properties on MLS

[Rosa Elena Tejado]

I listened to the podcast where Shawn Horsapple was interviewed and it was really encouraging an got me motivated again. I live in the San Antonio Texas area and I've been working on deals and offering in all properties. The challenge comes when I check the houses, I can see they need A LOT of renovations, so when I make my numbers the offer turns out to be very low. Any advise or suggestions ?

[Michael Noto]

I see the same issues the OP has with some of my clients up here in CT.  

People take the time to get educated on how to run the numbers and they genuinely know how to calculate every number associated with buying a property.

Then when the time comes to pull the trigger on an offer one of two things happens

• They don't offer because they feel there offer is to low
• They don't trust in general that their numbers are accurate, they run numbers for another 3-4 days, overthink it, and the good deal gets scooped up.

My point is, if you take ample time to run the numbers and get educated on the entire process you have to trust yourself when it comes time to take action.  This is the number one problem investors have from a realtors perspective. Just trust your numbers and offer what your numbers are telling you. I know it sounds simple, but focus on what you can control.