Patrick M.
Multiple REO Negotiation Strategies - Which Would You Pursue?
Okay- I have made and received a rejection on my first offer on a REO condo in a 47-unit complex that I am certain is significantly overpriced. The listing agent is submitting to PNC Bank via Offersubmissions.com. The...
David Haynes
Hometown Bias: The Enemy of Successful Investment
I grew up in a small Alabama town where it was rumored, "Everyone born here stays here." The prophecy didn't prove true for me, though it did for many of my old friends. I just couldn't get used to chewing tobacco and...
Maxwell C.
I'm Maxwell Castle. I look forward to meeting fellow members.
TL;DR at the end if you don't feel like reading about my life story.I've been interested in RE since I was 15. My plan B if I wasn't accepted to college was to become a real estate agent, and later a broker.To my surp...
Christian Hutchinson
Was I wrong to pull an offer
I put in an offer of a 3 unit property in a Detroit suburb. We put in significantly less than list price, about $50K less, list was 299,900, accepting cash, fha, va, conventional, land contract. We called the listin...
Craig Herring
First offer was a flop! Any ideas for my next one?
Well I put in my first offer on a 3 unit MFH this past week and it was rejected...without a counter offer...and was told my offer insulted the seller!Although I knew it was a low ball offer and didn't expect my first ...
Josh S.
Just bought two duplexes, rent prices all over the place
Just bought two duplex that are on adjoining lots. Quality of the units also vary.Each unit is a 1/1. Two Buildings. 4 Doors.All numbers are after capex savings, management, etc.Need a strategy to get them all inline ...
Pesi S.
Landlord Dilemma: Sell Or Hold in This Market
Wanted to get some feedback from landlords if they are seeing the same effects in this weird market since Covid started and what are they doing. On one hand the home prices have increased quite a bit. On the other han...
Rey Delgado
70% Rule
Hey guys question here, under what circumstances if any should I consider buying an investment property that doesn't fit the 70% rule. Most of the offers I have coming my way from local wholesalers would cost me over ...
Tara Smith
Is our offer strong enough?
Type: REOListing: $130,000Our offer: $140,000, no closing contributions from the bank, $1,000 EM, preAPPROVAL (not prequal)Estimated Value in Current Condition: $150,000Estimated Value After Renovations: $195,000Listi...
Brett Wahl
Getting back to it
I had formerly owned rental property, but sold. Regret doing that, so I’m looking to get back into real estae rental investments.