See, it's all in perspective!

Thanks for the perspective, Belinda.

Its move in ready (with a coat of fresh paint) is it worth picking up?

Sometimes a stop by the office with a fresh coffee and some donuts will weedle this information out of them.

Lane it doesn't really matter what they're asking, what matters is what the value is and since you'll live there that is definitely going to be different than a typical rehabber would pay.Here's where I'd start;1) What would a freshly rehabbed house in the neighborhood cost (you say about 150-165 let's say 155)2) How much are the repairs going to cost(at least ball park this one for now) we'll say 25K(8K roof+12K interior updating and repair+5K landscape and exterior)3) What kind of a discount do you want for doing the repairs instead of just buying a rehabbed house(15K not enough for a rehabber, but you're not trying to make a living at this just get a better deal on your personal residence)So 155-25-15=115K would be my maximum I would offer based on my hypothetical repairs ect.I would assume for the discount to be that much below the ARV you've stated that either the repairs are substantially more than 30K or they're trying to get a bidding war going to drive the price up or your ARV may be off.

Don't mistake your ability to evaluate a deal from the perspective of a rehabber with your ability to evaluate lending risks.

Add to that being able to meet the vendors that can teach you about what they do, all in one place, it is invaluable especially for someone new to real estate.I will be there, go take it all in, and then drill down on what your investment philosophy is and move forward and take action.The key note speakers will each give you a very different perspective about using real estate as either a vehicle for investment or speculation (its important to know the difference), so listening to them alone is worth the $39 bucks.

Agents always have perspectives that surprise me.The only way this info is useful for strategizing one's next offer is if you are willing to pay more than the other investors.

Depending on perspective buyer this might be a BIG selling point.

easier on everyone -Every single property here tacts on a $200-500 cleaning fee for the end of the year.If I can help clear anything up from a students perspective that has gone through the process, please let me know.