OfflineHi..
We are new to real estate and but have been aggressively looking for deals the past couple of months. We are planning to utilize assignment of contracts first and have built up an investor list and are looking for sellers. We will be making 2 offers this week on houses we saw this past weekend.
We remember reading somewhere that Matt Larson would send out a large number of offers each week (cannot remember the amount, but somewhere around 20). Sooner or later, one of those offers would be accepted and because of the amount being sent out, the likelihood of acceptance increased
Has anyone else done this? We would like to take a similar approach and would like some input. Did you visit each house to make the offer or did you just find houses for sale and make assumptions as to the repair costs needed?
Thanks for your help.
Paula
unless you have inspected the property in detail
If you put in an offer on a house(s) that you hav not inspected and then have to change your offer, you would have burned your credibility and people might take advantage of that.
Don't waste your time if you haven't fully done what you should
Grady Corbin here. early in my training with the Advisory Line and PMI, they taught us that we could safely make blind offers at 60%.
I am still a little hung up about offering blindly however, my own method has been to evaluatepretty carefully before....that has meant that our momentum has not remained high....less progress than I wish for.
best regards
crosstown looker