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Updated over 2 years ago on . Most recent reply

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Josh Milewski
  • New to Real Estate
  • Jonesboro, AR
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On Market Offers

Josh Milewski
  • New to Real Estate
  • Jonesboro, AR
Posted

Is it common to have to offer way under asking to make the numbers work or am I looking in the wrong market? 

Please note that I'm mostly exercising my ability to run the numbers. So the example house may simply be a bad deal and I just don't recognize it yet. 

For example there's a 3 bed 2 bath appears to rent for $950 according to Rentometer. I can't make the numbers work without offering 75k less than asking. I assume that's simply just an offensive offer at that point. 

https://www.zillow.com/homedet...

Most Popular Reply

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Eliott Elias
  • Investor
  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Most property on market is listed for retail, meaning not investor friendly. Do not be discouraged to make the offer that makes sense for you. 

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