How Much Should I Offer For This Property

Dated: 01/11/2016

Views: 183

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 PriceImage title

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.

Latest Blog Posts

You Need An Expert Guide

Buying or Selling a Home? You Need an Expert Kind of GuideIn a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the.

Read More

Summer Is Real Estate Season

Why This Summer Is the 2020 Real Estate SeasonWith stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into

Read More

Recovery Is Around The Corner

Top Reasons to Own Your Home [INFOGRAPHIC]Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a

Read More

Top Reasons To Own Your Home

Top Reasons to Own Your Home [INFOGRAPHIC]Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a

Read More