Seeking a bit of reassurance....

[Gary Dayton]

Is anyone having any success with the 60-65% ARV formula during the decline? I ask because I've offered that on two properties. One was flat rejected. The other was countered, then declined after my counter. And I know they could easily comeback begging me to buy. I don't want to seem like I'm whining and I know there are people out there with tons of rejections out there.

I know it has only been two. And I'm developing the thick skin but I was curious if there is an average on how many it takes to get one accepted (I'm sure I know the answer but humor me please) ?

I know it is not a simple swoop in and grab a bargain and I'm willing to do the hard work, but I'm in the UK looking for properties in San Luis Obispo county CA. Also, any suggestions for finding properties in CA while I am overseas?

I guess since it is my first attempt I just really want it to work. Now I am learning to separate my emotions but the anxiousness is still there :lol:

My agent has been doing well but she recently told me 'Don't focus on REOs, focus on the price'. Now I guess I figured REOs would be the only ones wanting to even look at offers using that formula...is that not the case?

Any advice/direction is greatly appreciated.

Gary the Newbie :violin: