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All Forum Posts by: Dan Cumberland

Dan Cumberland has started 31 posts and replied 121 times.

Post: How Low of an Offer is too Low? I don't want to be written off

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

Thanks @Thomas S. !

Post: How Low of an Offer is too Low? I don't want to be written off

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

Such a helpful response @Franco Vallejos !  I can't thank you enough.   I outlined my strategy with these percentages exactly.  My agent is putting together the first offer.  If you ever make it up to Seattle, let me know so I can buy you a drink!

Post: How Low of an Offer is too Low? I don't want to be written off

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

Thank you @Frank Adams !  There's a ton of wisdom in your experience here.  Thank you for sharing!  It's very helpful!

Post: How Low of an Offer is too Low? I don't want to be written off

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

Hi again everyone!

I'm putting together an offer in a slow market.  I'd like to offer 20% less than asking, but I don't want to be so low that I won't be taken seriously.  I'd take it for more than that, but I know that you make your money when you buy.  Any words of wisdom on how low to go?

Thank you!

Post: How to Separate Meters with Shared Laundry?

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

Hi everyone!

I'm looking at a duplex that currently does not have separate water meters.  I'd trying to work out the cost of getting them separated.  One challenge is that there's shared laundry in the basement.  How would you handle this?  Add a third meter?  Remove the shared laundry and install in-unit laundry?

Thanks in advance!

Post: Beginner from Vancouver, WA

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

Welcome!  I'm from Seattle.  Personally, I'm investing out of state— but we all have different reasons and motivations :-)

Way to go getting started!

Post: (Re)introduction - Hi from Seattle & late start 90 day challenge

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

@Eric Scheele - Would love to see both.  I just sent you a connection.  Please send the info along.  Thanks!

Post: (Re)introduction - Hi from Seattle & late start 90 day challenge

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

Thanks a lot @Alex Shaughnessy .  I'm still just starting out, but I've come a long way :-)

Post: (Re)introduction - Hi from Seattle & late start 90 day challenge

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

@Corby Goade - Awesome! Thank you! Looking to BRRR. Preferably a duplex, triplex, quad, but I'll consider single family if it's a steal.

Post: (Re)introduction - Hi from Seattle & late start 90 day challenge

Dan CumberlandPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 125
  • Votes 25

@Corby Goade I've looked at Boise a little bit.  I'd love to see anything you'd like to send my way :-)