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All Forum Posts by: Michael Garrett

Michael Garrett has started 1 posts and replied 2 times.

Post: How Do YOU "Low Ball" an Offer and Not Offend?

Michael GarrettPosted
  • Real Estate Investor
  • Knoxville, TN
  • Posts 2
  • Votes 1

I was once told that if "you don't laugh at the offer then it's not low enough".

Sounds like it might have worked at some point, but not any more. Many owners are tired of hearing from investors and tired of having their time wasted.

As an investor I have always felt that you still need to do your homework on a property and make a respectable offer. It may seem low to the owner, but if you have the numbers to prove the offer then is it really "low-balling"?

Post: New member from Tennessee

Michael GarrettPosted
  • Real Estate Investor
  • Knoxville, TN
  • Posts 2
  • Votes 1

Just wanted to say. hello to everyone! I am new here and fairly new to investing. I tried investing some years ago but the market dropped just as I was about to get into it. I had some money invested in education, marketing materials, etc., but I didn't have any money to keep going. At the time I ended up losing everything I owned. It really put me in a major setback. Now I am in a little better position, and I really mean just a little better, and want to take a second try at it.

I intend to start with small Multi-family (5-10 units) in my local market (Knoxville) with a desire to expand into other nearby markets someday. I am looking forward to networking with other investors in the area so that I can continue learning while also work on some deals.

I have listened to all the podcasts (Awesome stuff guys!) and found them to be extremely informative. I plan on reviewing them many times over to retain as much as possible.

Really looking forward to exploring more of the website and making many new connections!