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Updated almost 8 years ago,

User Stats

132
Posts
40
Votes
Roy C.
  • Rental Property Investor
  • NC
40
Votes |
132
Posts

I failed because I was not persistent enough

Roy C.
  • Rental Property Investor
  • NC
Posted

This week, I found out that two of the properties I submitted offer last year got under contract.... with lower selling price than what I originally offered. 

Lesson learned: 

1. I have to be persistent: After submitting original offer, which was $20k less than original selling price, I didn't follow up with seller. What I should have done is periodically keep submitting offer to seller. 

2. Great deals still exist: Even during "peak" of the market cycle, great deals still do exist. I just need to keep trying. 

I already scheduled showing appointments for potential investment properties for this weekend. Wish me luck. 

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