Making an Offer

[Michael Barger]

My goal is to purchase a rental property within the next 6 months. I have the means to purchase one now, I just want to make sure I know what I am getting into prior to actually getting into it. I wish I would have found this site sooner. I learned more here than in some books.

One thing, I am struggling on is that when purchasing homes from on MLS, I never know how much I should ask below the asking price. I heard the saying "If you arent embarrased, You aint asking low enough" but is there a general rule as to the max you offer below asking price?