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Updated almost 11 years ago on . Most recent reply

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Michael Helvy
  • Atlanta, GA
0
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2
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Large Investors overpays skews my offer???

Michael Helvy
  • Atlanta, GA
Posted

Hi Everyone, 

Looking for some input on what to offer homeowner but large(out of state) investor purchased multiple town homes on same street and paid almost 45% more than previous year. I live in the area and feel like they paid way too much per home and also believe it was a portfolio purchase . Is there something they know that I don't about the area to purchase at a higher number than I'm willing to offer?

I've utilized the wholesale calculator on BP and I believe come up with a good offer but would like any additional insight the community can provide. What other questions should I be asking?

Many Thanks, 

Mike 

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