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22
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2
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Jinwoo Lee
  • Bellevue, WA
2
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22
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New Member in Bellevue WA

Jinwoo Lee
  • Bellevue, WA
Posted

Howdy fellow BP members !

My name is Jinwoo.  I am working as a game developer in Bellevue,WA. I was reading the forum posts for a while, learned a lot and finally decided to join in.

As for real estate experience, purchasing my home in Bellevue is about it. To expand my investment, I am currently looking for SFH / small multi units outside of the Seattle area.( areas like Tacoma, Puyallup etc. )

Looking forward to meet/network with a lot of great folks in BP !

jin-

Most Popular Reply

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786
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Ryland Taniguchi
  • San Francisco, CA
717
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786
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Ryland Taniguchi
  • San Francisco, CA
Replied
Originally posted by @Alexander Zeisberg:
Originally posted by @Jinwoo Lee:

@Ryland Taniguchi

@Ryland TaniguchiI finally found an agent that is working with me, hopefully everything goes well. 

Wow, 30, 40 offers :)  Seems that your doing some serious business, Ryland :)  There must be some good deals if you have lots of offers. To me this is the starting point in my investment in the states,  thought I had bought homes in the past (just to live in XD)

 I think the point of putting up 30 or 40 offers is to make an offer that makes sense to you. Not nessacarily getting into 30 or 40 deals. I highly support my investors do the same and we can systemize the way offers are made by preparing offer documents with all the basic information on how you would purchase the property and with what contingencies you will want to add and then just bang them out, whenever something comes up. 

Tour tour tour, If your broker goes out with you, utilize yours and their time by viewing as many potential properties as possible, i would go as far to say, REGARDLESS of there price point. Never know if a big price drop will happen or they will accept a low offer. 

Also after seeing so many places you will get a feel for what is going on when someone puts up a listing and can do a quick tour of the property and feel comfortable because you have already run the numbers on the house down the street and know the c. I dont know of a single transaction that ive been in that the seller got exactly what they put on the MLS. So offer away! if your don't put in any offers you wont get any property and if you put in 30 low ball offers, who knows how many will be accepted!

Best of luck good sir. 

We buy less than 10% of our deals from the MLS and I make as many offers every week as any one. Off-market is the way to go. But hard consistent work pays off.. I increased our net worth by $500,000 this month alone.

I am not sure what sane real estate agent would make that many offers for a client. If that agent is out there, sign me up! I'll hire you today! 

If an agent where going to make that many offers, they should do it for their own investments. 

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