Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago on . Most recent reply

User Stats

45
Posts
3
Votes
Winniferd B.
  • Real Estate Investor
  • Houston, TX
3
Votes |
45
Posts

Should I Pass

Winniferd B.
  • Real Estate Investor
  • Houston, TX
Posted

Selling Price 31K
ARV: 64K
Repairs: ~ 10k

I'm trying to wholesale this. What do you think?

Most Popular Reply

User Stats

309
Posts
49
Votes
Norm Chrostowski
  • Real Estate Investor
  • Lakeview, NY
49
Votes |
309
Posts
Norm Chrostowski
  • Real Estate Investor
  • Lakeview, NY
Replied

I wouldn't pass, I'd just offer 18k and see what happens? Never know the reation you might get. I wouldn't assume.

People view things very differently. Maybe he views you as a relatively new investor, and he's sort of testing you?Maybe he already knows he'd take 18 or 19k for it? Maybe he figured he could start at 31k and hope for 24 or 25? By offering 18, now your not really to far from his number? Again, you never know.

I'm certainly no expert, Ryan Webber and Nick J. will atest to that, but offer something. Don't be surprised if you get a yes.

Loading replies...