Nicholas Bravo
85% or less Rule? Minimum profit amount.
I'm confused and frustrated at the moment. I've been told that one should try to get the seller down to 85% or lower of the property value. So far no deals from that. I have gotten some skinny deals where I'm gonna ge...
Mary Schlabach
Putting in an offer
We are rookie investors looking to buy a lake house. We suspect there will be a bidding war. What can we do/offer to make our offer more enticing so that they would accept our offer over others that might have offered...
Olav Bokestad
What happened to Hubzu?
Hubzu used to be packed with foreclosure deals. Then when the Pandemic hit they all disappeared. Where are all foreclosure deals heading these days? Any online destination?
Chris Olson
Negotiating Real Estate In-Person
While I'm not new to buying or selling real estate, I am new to doing it with an emphasis toward investment. Having done this, I find the back and forth to the traditional Real Estate negotiation antiquated. The pro...
Chris Gordon
Bad Wholesalers - Why we will all be getting licensed soon.
I am just amazed at the incompetence of some wholesalers.
Last night I put under contract a house in Ky that "Sincere Home Buyers" of Georgia backed out of yesterday. I don't mind putting their name out here.
The s...
Erica Quarles
Low Offers and Real Estate Agents Commissions
I would like to know how is everyone handling really low offers and real estate agents commissions. For example, a REO on the MLS is on the market for 170,000 the ARV is 200,000 and if you take 70% of 200,000 is 140,0...
Steve Dussault
Need Help with Out of State Owner Mailing!
I recently sent a letter to the out of state owners in my county. It's been about 4 weeks and so far I have 32 responses out of 544 letters sent. The letters were hand addressed/stamped and this is a 5.9% response ra...
Axel Ragnarsson
The Reputation Associated with Making a Lot of Offers
Hi everyone,I have a question for those investors who make offers on a lot of properties. We all know that in order to do more deals, we need to analyze more properties, and we need to ultimately make more offers. I a...
Eliot M.
Is 100 offers per day even possible?
I have really been marinating on Brandon’s LAPS acronym (Leads, Analysis, Proposals, Success) and trying to think about where the bottleneck is in my business. I have recently been wondering if my bottleneck has been...
Robert Naucke Jr
“Best and Final offer”...
...I usually get the feeling this is BS. “We have multiple offers, we need your best and final offer”
Anyone else feel the same way?