Buying & Selling Real Estate Discussion

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Ariel G.
  • Investor
  • Jerusalem, Israel
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20-30% Rule

Ariel G.
  • Investor
  • Jerusalem, Israel
Posted Jul 15 2016, 08:14

Hi Brandon and everyone.

Regarding "The Ultimate Begginer Guide to REI"' 30% rule , or Brandon's "7 years to 7 figure wealth" plan proposal of a 20% discount offer, what do you think according to your experience:

1. What's the realistic amount, 30%, or 20% discounted offer you should try?

2. I feel BAD by offering that, I know that it's the amount that would work for me, or else maybe he wouldn't be able to sell, that's the reason he would consider me instead of having his house not sold (Or else he would hace other better offers for his property and send me away?). Is this the mindset that allows you to sleep well after a purchase like that that obviosuly seems like from the outside to be killing the other guy, or are there any other ideas?

3. Finding these deals, means finding a very bad condition property that is expected to grow in value a lot after fixing right? Or else I don't know who would want to accept my highly discounted offer if it was a desirable property.

5. Any book you would recommend specifically on the subject of finding deals?

Thank you all.

Ariel.

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