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Updated almost 8 years ago on . Most recent reply

User Stats

55
Posts
8
Votes
Lee Cruz
Pro Member
  • Winnipeg, Manitoba
8
Votes |
55
Posts

offering 30 to 40 grand under the asking price. Working for u?

Lee Cruz
Pro Member
  • Winnipeg, Manitoba
Posted

After using the brrrr and rental calculators. Most of the time the asking price and the numbers(coc, roi) doesnt work. Even 10-20 thousand the numbers dont work. Only when i put in 30-40k under the asking price do the numbers start to look good. Ex $150-200 per unit, 12-15% cash on cash.

My question is, how often do you get deals from offering waaay under the asking price? Do they get insulted? Do they say "i dont wanna hear from this person again" etc. Thank you.

  • Lee Cruz
  • Loading replies...