I use to offer either 60 or 70% of the money.

Unfortunately, Colorado has just passed HB 24-1098, the "just cause" eviction bill, which requires landlords to offer lease renewals to their tenants unless one of a few specific criteria are met (if the property is going to be sold, substantially repaired, or renovated, or if the landlord’s family plans to move in - but basically you can't put it up for rent to anyone else for at least 90 days).

Quote from @Gina Coleman: Made an offer on an off-market portfolio consisting of 2 duplexes and 1 SF.

We have a maturity of the Hard money note coming up Next week and need to find a solution.With hard money interest, the total note will be about 980K.We have an offer from another hard money to refinance however we would still need 500k to satisfy the first note.

I understand your dilemma with overlapping features in property management software.TenantCloud offers an all-in-one solution for property management, bookkeeping, and maintenance tracking.

So desirable in fact that an agent fro Ryan Serhant's office personally flew down to check it out and make an offer.

Apologies for the long post, and thanks for any insight

This is gives me a better insight into the real real estate investing world instead of trying to do it on my own based off of what I have read!

Thanks for the tips Eric, super insightful and will definitely implement.

@Robert RuschakNot an attorney but I asked mine out of curiosity and “it depends”If for example the price was supposed to be $500k and marketing, advertising and discussions were based on this and the contract accidentally listed $400k, you will most likely not get it for that amount - of course it also depends on the state etc.This is a lot different than you offering $5400k, them accepting the offer then the contract was written at $400k and they come back and are like oops.