It’s Not Just About the Price of the HomeWhen most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts
How Much Should I Offer For This Property
Dated: January 11 2016
It’s actually one of the most important questions you’ll have to answer as a real estate investor, and maybe you’ve already had the chance to wrestle with it first-hand. The question is this:
“HOW MUCH SHOULD I OFFER FOR THIS PROPERTY?”
As you can probably imagine, this is a very important question because your offer price has everythingto do with your ability (or inability) to make money on a real estate deal. With this in mind, I’d like to provide a bit of explanation on the basic math that I use to come up with an offer price for any given property.
The Importance Of Price
No matter how you slice it, your offer price (i.e. – the amount of your initial investment) is going to play a major role in the overall scope of any transaction. With the right number, you’ll have a grand slam deal on your hands. With the wrong number, you can lose yourself a lot of money in an instant.
Who are these Chicks? A group of woman who knows that we can offer more together than separately. In this small diversified group of not only realtors, some are also tax preparers, pastors, invest....