How Do I Know If I Made a Low Enough Offer?

[Austin Williams]

So I am doing my due diligence and running a bunch of Wholesaling Calculator reports to decide on my maximum allowable offer ($53,260) in order to get my desired return ($10,000) and the flippers ($30,000). So for example, I have this property the County did an assessment on and the value came back at $67,800. When I ran that same property in BP (preforeclosure) it gave me an EMV of $71,003 but, also on BP, in the 'Find Deals' tab, it gave an off-market value of $116,660 and on Zillow it is zestimated at $93,600. Most investors I come across say you should make your initial offer at least 75-80% below asking price. 

So I am asking which price should I take the 75-80% off before making my offer?

[Don Konipol]

Quote from @Austin Williams:

So I am doing my due diligence and running a bunch of Wholesaling Calculator reports to decide on my maximum allowable offer ($53,260) in order to get my desired return ($10,000) and the flippers ($30,000). So for example, I have this property the County did an assessment on and the value came back at $67,800. When I ran that same property in BP (preforeclosure) it gave me an EMV of $71,003 but, also on BP, in the 'Find Deals' tab, it gave an off-market value of $116,660 and on Zillow it is zestimated at $93,600. Most investors I come across say you should make your initial offer at least 75-80% below asking price. 

So I am asking which price should I take the 75-80% off before making my offer?

Your approach is wrong.  If everyone could sit back, find real values on line, and make offers based on those values everyone would get rich flipping properties.  The reason values are all over the board is because valuation is an opinion.  No formula can be accurate across the board because even “cookie cutter” properties next store to each other differ as to view, location to the street, topography of the land, lot size, physical condition of the property, past remodeling, quality of the mechanical systems, sunlight, utility bills, past use, etc.  An investor needs to utilize their knowledge, expertise, and experience to be BETTER at assessing value than the 50 other investors chasing the deal.