Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

60
Posts
39
Votes
Liam Maher
  • Miami, FL
39
Votes |
60
Posts

Loads of Lowball Offers

Liam Maher
  • Miami, FL
Posted

Is it a good idea to send 50-100 lowball offers at prices that cash flow? I don't mean real offers, I mean informal emails proposing a different price. Proof of Funds always attached of course.

Most Popular Reply

User Stats

2,465
Posts
3,861
Votes
Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
3,861
Votes |
2,465
Posts
Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Replied

What a great way to waste everyone's time while getting yourself blocked by every seller, realtor, and broker you contact.  First, an email is not an offer.  Real investors make a real offer based on valuation.  Proposing a new price?  Did you ever consider that pricing is based on analytical factors that are customary in the industry?  What you are proposing is amateurish, unprofessional, and unwelcomed.  I offer this as not only a broker but as an investor as well.  Learn the business and do business in a way that will earn you a reputation as a serious investor.  

Loading replies...