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Negotiations are nothing more than creating a win-win situation to create a desired outcome. Given my background, I’ve negotiated literally hundreds of contracts and deals by following 5 basic steps. I’d like to share...
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Background:
Good tenant, pay on time. Property was in good shape when I inspected.
Tenant asked for rate reduction. Area rent rates are flat to very slightly down from last year when they signed.
Tenant is asking...
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WE rehabbed a property in Wilmington, DE and put on market after 2 months. We signed a contract for $5000 under asking price and was set to close with in 30 days. Their inspection came back with items for us to repair...
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I've come across an off market 30+ unit apartment complex. My question is how should I approach negotiations when I'm speaking with the family directly? The details are outlined below.It is currently owned by a group ...
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I have seen on some posts and some youtube videos on how to negotiate an offer.
to my knowledge this is the steps I would take..
1.) market to absentee owners (SELLERS)
2.) get a call and screen them
3.) if they soun...
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Looking for some advice on negotiation on price after a terrible inspection. I found a 3 unit with a great return, in a great location. I love everything about the place and the price was right given the rental inc...
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Hey all, Looking for a good book on Negotiating. Any recommendations would be greatly appreciated!Thanks,
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Has anyone had any success negotiating a lowered payoff for a medicare lien on a property headed for foreclosure auction? My seller is on hospice and her old house is scheduled for lender auction soon but comes with ...
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I have a question about a property that is possibly soon to be foreclosed. The owner has a mortgage on it still and is behind on property taxes. My assumption is that when negotiating the purchase of the property I wo...
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Hi BP community, I'm about to make my first offer ever and looking for some advice on negotiating techniques. I found a 1 bedroom apartment that fits most of my criteria, basically I love and it seems to be in line wi...