Newbie question on making offers

[Armand Farr]

Hey guys,

I'm gearing up for my first deal and had a question regarding when you actually make offers/do the final analysis on a property when touring:

I know you set up a time to walk the property with your motivated sellers and that you should go into the property already having done an analysis. 

However, once you physically tour the property, do you estimate repairs and make offers on the spot in-person? It'd be hard for me to feel confident in an offer as a newbie without going back to the spreadsheets, but I would imagine that it's important to negotiate in-person.

Any tips on how to be as prepared as possible to make an offer would be great!

[Charles Biter]

@Armand Farr After over 50 deals in I never make an offer on the spot.  I simply tell the seller that "I need to go back and do my research and crunch some numbers so that I can make the best offer possible and I will get back to them within 24 hours."