Discount on package deal?

[Tom Shepard]

Like @brandonturner always says:  good things happen when you take action!

In the course of analyzing and prepping an offer on a property yesterday, I asked why they were selling.  It turns out they are an investment group that is disbanding due to the active partners wanting to do something else.  They have 5 properties in my area.  

I asked if they would be willing to sell all 5 in a package deal, and they said they would.  

So!  I am crunching away on the numbers for these 5 properties now.  

My question for the BP gang is:  how much of a discount should I expect or ask for if I buy all 5? We are in a pretty hot market here in Nashville, so they could likely sell separately pretty easily.  BUT - surely it's goot to be worth something to have them all sold at once, do one closing, only have to vette one buyer, etc.

What do you think?

[Ned Carey]

It is a negotiation. There is no 'standard" amount for a discount on multiple purchases. You need to know as much as you can about their situation. 

They may need flexibility of closing dates or they may need speed,  because this partnership is crashing fast. Knowing their motivations even better than you do now, will give you an edge up in the negotiations.