1/30/2008
Sorry for not posting much lately, I've been catching up on some non-related rei stuff that has been keeping me busy.
I got a great counter yesterday from one of the REOs I made an offer on Monday. It's listed at $78,000, ARV $135k-ish. My initial offer was 50k, and they countered at 65k. I went out and looked at it today, and it's not that bad. Broken windows, ghetto-fabulous addition that needs to be fixed, paint and carpet, and kitchen and bath updates are needed. I could sell it at 65k pretty easily, and actually have a buyer already lined up. I countered back at 55k and am now playing the waiting game. I decided I'm not doing anymore (or any more?) deals unless I can make at least 5k. Two of those a month, and I'm golden.
Thursday, January 31, 2008
Gotta Love a Good Counter Offer
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3 comments:
Love those ghetto fabulous additions. Especially the ones with such custom wiring jobs as an extension cord stretching from the "garage" to the new addition.
Hey Steph! Good luck with the counter! By the way, I didn't get that job so I unlocked my blog. I'm public again!
Keep those offers crankin!
BTW, whats up with Costa Rica? I actually added CR to my written goal list today. I need some tropics time with howler monkeys, parrots & surfing.
cheers!
Taylor
Way to step it up! $5,000 a deal? Now that's what I'm talking about!!!
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