What's The reasonable Lowball Offers You Have Made On Average?

[Hendra Wijaya]

Hi REIs,

I have been trying to understand the strategies on making offers. I would like to know, based on your experiences, what is the range of lowball offers you've made that tend to get accepted when it comes to motivated sellers?

Like for instance, if a property is valued at 1 million dollars, what percentage would you consider a reasonable lowball offer? $600,000 (60%) or even lower than that?

Thank you in advance and have a nice day!