Why I Make Investors Do 30 Offers in 30 Days Before Anything Else

Why I Make Investors Do 30 Offers in 30 Days Before Anything Else

Andrew BoscoBusiness Member
Rental Property Investor · NH · Member since 2023 · 441 posts · 417 votes

Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

Why Volume Comes Before Strategy

There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

The problem isn't the market. It's the sample size.

Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

How the 30-Offer Challenge Works

The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

What counts as an offer

The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

What doesn't count

Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

The scorecard

Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

What Happens at Day 30

Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

The Secondary Benefit: Analysis Speed

There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

Your analysis gets fast.

After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

The Bottom Line

Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

If you ever need to talk strategy, then feel free to PM me anytime. 

Andrew Bosco - Candor Investment Group529 Reviews
2Reply
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Don KonipolBusiness Member
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
7mo
Quote from @Jakob Mikhitarian:
Quote from @Andrew Bosco:

Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

Why Volume Comes Before Strategy

There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

The problem isn't the market. It's the sample size.

Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

How the 30-Offer Challenge Works

The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

What counts as an offer

The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

What doesn't count

Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

The scorecard

Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

What Happens at Day 30

Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

The Secondary Benefit: Analysis Speed

There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

Your analysis gets fast.

After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

The Bottom Line

Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

If you ever need to talk strategy, then feel free to PM me anytime. 


 This is a good framework for investors in how to learn their market well. Looking from an agent perspective, how can agents leverage this strategy to help them close deals. Do they independently go on home tours without clients to gauge the market and see what sellers are willing to accept? Or is this strategy only applicable with an investor client that they're helping?

Although I only occasionally engage with residential property (I’m 95% + commercial), here’s what I’ve been seeing a lot of the last 5 years
1. Using purchased leads (Zillow, Relator.com) a majority of agents are able to “earn a living” without the traditional farming, neighborhood specialization, buyer/seller referral, marketing, advertising programs previously necessary for residential brokerage success. As a result the industry has replaced real estate knowledge based agents/brokers with pure salespersons; they could be selling insurance, oil and gas participations, mortgages, cars, or anything else “hot” at the moment. 

Interestingly, these agents seem to be satisfied with a moderate but steady income.  Working on 1- 1.5% net fee per transaction isn’t (in most markets) going to provide an income enabling the recipient to save, invest and move toward “financial freedom”.  Heck, it’s just another commissioned sales job.  To accelerate into where you earn enough to provide significant investment capital, you need to become an EXPERT in real estate, develop a niche in which you are the number 1, 2 or perhaps 3 dominate, and earn 2% + net on transactions.  

Agents won’t obtain this level of knowledge or niche dominance by sending automated emails to Zillow leads that highlight every new listing in their price range; by being able to navigate all the mainly superfluous forms now required by the real estate commission of their broker to CYA; or by constantly informing the buyer (seller) that “I work for you”, or by generating a run of “comps” for every sold property within a 3 mile radius.  True “real estate KNOWLEDGE requires years of experience, study both in the field and in the classroom, and constant awareness of where their m}niche market is “at”.  Going to every open house, is a start.  Being able to instantly know the few houses on the market that are “right” for your potential buyer (obtained by referral, not Zillow leads) is the goal.  Knowing the value of those properties in the current market, which have sellers unwilling to negotiate and which sellers are ready to accept a lower offer adds tremendous value.  

Start by asking yourself the question I asked myself 48 years ago when I entered commercial real estate as a broker : Am I a salesperson or a real estate expert/professional.  The answer for a couple of brokers I worked with was salesperson; one is still selling real estate and the other is living retirement on social security in a tiny house.  My answer was the latter; as I result I am handling my 8 figure portfolio of real estate, real estate partnerships, mortgage notes and REITS all unencumbered by any debt.  
Private Mortgage Financing Partners, LLC
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  • Jay TolugantiPro Member
    Investor · Clearwater, FL · Member since 2025 · 226 posts · 78 votes
    7mo

    This is very informative. And I completlely agree with you on this approach. Infact, the investor can also leverage the wholesaler network from facebook groups before investing in generating own leads.

  • Member since 2025 · 86 posts · 25 votes
    7mo
    Quote from @Andrew Bosco:

    Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

    They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

    Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

    Why Volume Comes Before Strategy

    There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

    So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

    The problem isn't the market. It's the sample size.

    Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

    At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

    How the 30-Offer Challenge Works

    The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

    What counts as an offer

    The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

    What doesn't count

    Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

    The scorecard

    Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

    What Happens at Day 30

    Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

    The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

    This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

    The Secondary Benefit: Analysis Speed

    There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

    Your analysis gets fast.

    After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

    That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

    The Bottom Line

    Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

    You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

    If you ever need to talk strategy, then feel free to PM me anytime. 


     This is a good framework for investors in how to learn their market well. Looking from an agent perspective, how can agents leverage this strategy to help them close deals. Do they independently go on home tours without clients to gauge the market and see what sellers are willing to accept? Or is this strategy only applicable with an investor client that they're helping?

    • Don KonipolBusiness Member
      Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
      7mo
      Quote from @Jakob Mikhitarian:
      Quote from @Andrew Bosco:

      Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

      They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

      Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

      Why Volume Comes Before Strategy

      There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

      So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

      The problem isn't the market. It's the sample size.

      Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

      At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

      How the 30-Offer Challenge Works

      The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

      What counts as an offer

      The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

      What doesn't count

      Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

      The scorecard

      Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

      What Happens at Day 30

      Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

      The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

      This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

      The Secondary Benefit: Analysis Speed

      There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

      Your analysis gets fast.

      After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

      That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

      The Bottom Line

      Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

      You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

      If you ever need to talk strategy, then feel free to PM me anytime. 


       This is a good framework for investors in how to learn their market well. Looking from an agent perspective, how can agents leverage this strategy to help them close deals. Do they independently go on home tours without clients to gauge the market and see what sellers are willing to accept? Or is this strategy only applicable with an investor client that they're helping?

      Although I only occasionally engage with residential property (I’m 95% + commercial), here’s what I’ve been seeing a lot of the last 5 years
      1. Using purchased leads (Zillow, Relator.com) a majority of agents are able to “earn a living” without the traditional farming, neighborhood specialization, buyer/seller referral, marketing, advertising programs previously necessary for residential brokerage success. As a result the industry has replaced real estate knowledge based agents/brokers with pure salespersons; they could be selling insurance, oil and gas participations, mortgages, cars, or anything else “hot” at the moment. 

      Interestingly, these agents seem to be satisfied with a moderate but steady income.  Working on 1- 1.5% net fee per transaction isn’t (in most markets) going to provide an income enabling the recipient to save, invest and move toward “financial freedom”.  Heck, it’s just another commissioned sales job.  To accelerate into where you earn enough to provide significant investment capital, you need to become an EXPERT in real estate, develop a niche in which you are the number 1, 2 or perhaps 3 dominate, and earn 2% + net on transactions.  

      Agents won’t obtain this level of knowledge or niche dominance by sending automated emails to Zillow leads that highlight every new listing in their price range; by being able to navigate all the mainly superfluous forms now required by the real estate commission of their broker to CYA; or by constantly informing the buyer (seller) that “I work for you”, or by generating a run of “comps” for every sold property within a 3 mile radius.  True “real estate KNOWLEDGE requires years of experience, study both in the field and in the classroom, and constant awareness of where their m}niche market is “at”.  Going to every open house, is a start.  Being able to instantly know the few houses on the market that are “right” for your potential buyer (obtained by referral, not Zillow leads) is the goal.  Knowing the value of those properties in the current market, which have sellers unwilling to negotiate and which sellers are ready to accept a lower offer adds tremendous value.  

      Start by asking yourself the question I asked myself 48 years ago when I entered commercial real estate as a broker : Am I a salesperson or a real estate expert/professional.  The answer for a couple of brokers I worked with was salesperson; one is still selling real estate and the other is living retirement on social security in a tiny house.  My answer was the latter; as I result I am handling my 8 figure portfolio of real estate, real estate partnerships, mortgage notes and REITS all unencumbered by any debt.  
      Private Mortgage Financing Partners, LLC
    • Andrew BoscoBusiness Member
      OP
      Rental Property Investor · NH · Member since 2023 · 441 posts · 417 votes
      7mo
      Quote from @Jakob Mikhitarian:
      Quote from @Andrew Bosco:

      Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

      They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

      Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

      Why Volume Comes Before Strategy

      There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

      So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

      The problem isn't the market. It's the sample size.

      Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

      At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

      How the 30-Offer Challenge Works

      The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

      What counts as an offer

      The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

      What doesn't count

      Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

      The scorecard

      Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

      What Happens at Day 30

      Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

      The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

      This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

      The Secondary Benefit: Analysis Speed

      There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

      Your analysis gets fast.

      After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

      That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

      The Bottom Line

      Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

      You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

      If you ever need to talk strategy, then feel free to PM me anytime. 


       This is a good framework for investors in how to learn their market well. Looking from an agent perspective, how can agents leverage this strategy to help them close deals. Do they independently go on home tours without clients to gauge the market and see what sellers are willing to accept? Or is this strategy only applicable with an investor client that they're helping?


       It depends. The intention is to MAKE offers. That's the focus. For you or a client. You make offers and get feedback at the same time if you're in line with the market. 

      Andrew Bosco - Candor Investment Group529 Reviews
  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    7mo
    Quote from @Andrew Bosco:

    Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

    They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

    Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

    Why Volume Comes Before Strategy

    There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

    So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

    The problem isn't the market. It's the sample size.

    Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

    At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

    How the 30-Offer Challenge Works

    The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

    What counts as an offer

    The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

    What doesn't count

    Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

    The scorecard

    Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

    What Happens at Day 30

    Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

    The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

    This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

    The Secondary Benefit: Analysis Speed

    There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

    Your analysis gets fast.

    After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

    That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

    The Bottom Line

    Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

    You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

    If you ever need to talk strategy, then feel free to PM me anytime. 

    Brilliant!

    For most sample sizes a sample of 20 is statistically VERIFIABLE, 3 standard deviations from the mean.  30 should leave little doubt as to where the market is.  

    More importantly, if you want to be successful in real estate investing you’d better develop a thick skin.  
    Private Mortgage Financing Partners, LLC
  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    7mo
    Quote from @Andrew Bosco:

    Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

    They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

    Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

    Why Volume Comes Before Strategy

    There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

    So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

    The problem isn't the market. It's the sample size.

    Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

    At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

    How the 30-Offer Challenge Works

    The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

    What counts as an offer

    The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

    What doesn't count

    Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

    The scorecard

    Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

    What Happens at Day 30

    Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

    The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

    This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

    The Secondary Benefit: Analysis Speed

    There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

    Your analysis gets fast.

    After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

    That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

    The Bottom Line

    Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

    You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

    If you ever need to talk strategy, then feel free to PM me anytime. 

    I’m a little disappointed at the relatively small BP poster participation in this post.  I think the idea of making an offer on the first 30 properties you consider buying has a lot of positives necessary for success.  If I had done that 48 years ago rather than try to find the perfect listing out of 50 I looked I would have accelerated my RE investment success by 3 - 5 years.  
    Private Mortgage Financing Partners, LLC
    • Andrew BoscoBusiness Member
      OP
      Rental Property Investor · NH · Member since 2023 · 441 posts · 417 votes
      7mo
      Quote from @Don Konipol:
      Quote from @Andrew Bosco:

      Most investors I coach want to talk strategy before they've built the thing strategy requires: a real dataset.

      They want to know whether to focus on direct mail or cold calling, whether to target three-unit or five-unit properties, whether to buy in one submarket or another. These are legitimate questions. But they're the wrong questions to start with. You can't make useful strategic decisions until you know what the market will actually do when you submit a real number.

      Two offers in a month tells you almost nothing. Thirty offers tells you your real conversion rate, what sellers in your market are willing to accept, and whether your underwriting is landing anywhere close to where deals actually happen. That's the foundation. Without it, you're optimizing based on guesses.

      Why Volume Comes Before Strategy

      There's a specific pattern I see with new investors. They walk a property, run rough numbers, find the price that works for their analysis — and then don't submit. The spread looks too big. The agent might not appreciate it. The seller will be offended.

      So they move on. They walk another property. Same thing happens. After 30 days, they've seen 15 properties and made two offers. And now they're drawing conclusions about how hard the market is and whether deals are even available.

      The problem isn't the market. It's the sample size.

      Two offers is not enough data to know anything. You haven't found out what the market will accept — you've found out what it will do with two specific offers on two specific properties. That's not a market read. That's two data points.

      At 30 offers, everything changes. You start building a real picture of what sellers are actually doing. You find out that some sellers — particularly on properties that have been sitting 60-plus days — have already walked back their price expectations significantly and will go further if the right buyer shows up with a real number. You find out which property types and submarkets generate counter-offers versus hard rejections. You start to know your market instead of guess at it.

      How the 30-Offer Challenge Works

      The framework is simple. Thirty consecutive days: tour one property, submit one offer. Every single day. No exceptions.

      What counts as an offer

      The offer doesn't need to be a formal purchase and sale agreement. An email to the listing agent works: "I've looked at the numbers on this property and here's roughly where I'd need to land to make this work — is that in the range of what the seller would consider?" That's a real offer. It starts a conversation and gets your analysis in front of a decision-maker.

      What doesn't count

      Passing on a property because you've decided in advance the seller won't take your number. That's not analysis — that's self-disqualification before the seller has a chance to respond. It happens constantly, and it's the single biggest deal-killer I see in early-stage investors. The investor decides no on behalf of the seller, and the seller never gets a vote.

      The scorecard

      Track everything. For each day: did you tour a property? Did you submit an offer? Every month, review your appointment-to-offer ratio. If you're walking 15 properties and only submitting on two, that ratio tells you more about what's holding you back than anything in the market does.

      What Happens at Day 30

      Here's what I've watched consistently with investors who commit to this: most of them are under contract before they hit 30 offers. Not because the math works out perfectly, but because volume forces them to get specific and confident about their numbers, which changes how they engage with sellers and agents.

      The ones who aren't under contract at day 30 have still won. They know their market in a way that wasn't possible at offer two. They know their conversion rate. They know which property types are worth running a full underwrite on and which ones they can walk away from in 10 minutes. They've built the fluency that makes every subsequent offer better.

      This is especially true for agents transitioning to investing. Your access to listings is an advantage — but only if you're submitting real numbers at volume. Seeing listings without making offers is just expensive research.

      The Secondary Benefit: Analysis Speed

      There's something else that happens over 30 straight days of deal evaluation that's just as valuable as the offers themselves.

      Your analysis gets fast.

      After 30 days of pulling listings every morning and running the numbers, you can look at a property and have a go/no-go read in under 10 minutes. Rents checked against HUD fair market rent data for your county, expense stack built, rough cash flow, quick decision. That speed is what makes any lead generation channel — on-market or off — actually usable. Leads are only worth something if you can evaluate them fast enough to act.

      That fluency is the prerequisite. And 30 days of consistent on-market analysis is the fastest way I've found to build it.

      The Bottom Line

      Before you spend money on direct-to-seller lead generation — before you commit to a specific submarket or property type — run this challenge. Thirty offers, thirty days. Submit the number that works for your analysis every time. Let the market respond.

      You'll come out the other side with real data, real market knowledge, and probably a deal under contract. That's a better foundation for any subsequent strategy than anything you can build from the sideline.

      If you ever need to talk strategy, then feel free to PM me anytime. 

      I’m a little disappointed at the relatively small BP poster participation in this post.  I think the idea of making an offer on the first 30 properties you consider buying has a lot of positives necessary for success.  If I had done that 48 years ago rather than try to find the perfect listing out of 50 I looked I would have accelerated my RE investment success by 3 - 5 years.  

       You miss 100% of the shots you don't take. It's all about reps. 

      Andrew Bosco - Candor Investment Group529 Reviews
  • Member since 2018 · 1k+ posts · 1k+ votes
    7mo
    I’ll stick with trend analysis for the past six months to get a feel for where the market is. I hate wasting other people’s time in order to build my own knowledge.
    • Andrew BoscoBusiness Member
      OP
      Rental Property Investor · NH · Member since 2023 · 441 posts · 417 votes
      7mo
      Quote from @John Clark:
      I’ll stick with trend analysis for the past six months to get a feel for where the market is. I hate wasting other people’s time in order to build my own knowledge.

       if you're looking 6 months in the past then your data is outdated. I look at 60-90 days in my market. Best pulse you can have is making offers in current market. 

      Andrew Bosco - Candor Investment Group529 Reviews
    • Member since 2018 · 1k+ posts · 1k+ votes
      7mo
      Quote from @Andrew Bosco:
      Quote from @John Clark:
      I’ll stick with trend analysis for the past six months to get a feel for where the market is. I hate wasting other people’s time in order to build my own knowledge.

       if you're looking 6 months in the past then your data is outdated. I look at 60-90 days in my market. Best pulse you can have is making offers in current market. 


       Past six months includes the past 60-90 days. I want to see trends and levels. I get a feel for a market by watch has actually sold when and where.

      If I make offers to someone for the sake of making offers, then I:

      A, get false feedback from sellers who have expectations not in tune with the market,

      B. Risk having a seller accept the offer and now I have to perform or be seen as a time waster.

      c. Get a reputation as a time waster.

      But if I can back up an offer with analysis to the seller's agent, he knows I am serious.

      How do I turn off this boldface?

  • Jaron WallingPro Member
    Rental Property Investor · Indianapolis, IN · Member since 2018 · 4k+ posts · 4k+ votes
    7mo

    From an experienced prospective I'd rather fish in a small pond than in a huge lake. My odds of catching a deal are greater and it wastes less time. That's why we're all doing REI, right?

    From a novice view (or OOS) sure blanket an entire market and make 30 offers in 30 days. It's a good way to learn but it's certainly not fun or easy.

    • Andrew BoscoBusiness Member
      OP
      Rental Property Investor · NH · Member since 2023 · 441 posts · 417 votes
      7mo
      Quote from @Jaron Walling:

      From an experienced prospective I'd rather fish in a small pond than in a huge lake. My odds of catching a deal are greater and it wastes less time. That's why we're all doing REI, right?

      From a novice view (or OOS) sure blanket an entire market and make 30 offers in 30 days. It's a good way to learn but it's certainly not fun or easy.


       you can customize your approach. I prefer 1-2 zip codes if it's a populated city!

      Andrew Bosco - Candor Investment Group529 Reviews
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