Good morning everyone,
I have been reading a little to check up on the competition and what techniques they are using on REICLUB.
I am just wondering if most here are finding that sellers ( Banks, FSBO, etc) think we are crazy for putting in these very low bids.
One this one site they try to get properties at least $25,000 below FMV and sometimes have a hard time negotiating the deal.
Are a lot of you finding Matt Larson's LAW OF AVERAGES really works with bids $.50 on the dollar or are a lot of you finding it very hard to negotiate these low bids?
I mean I know it's a "LAW" of averages and it does work but what I am trying to say is do a lot of you find that it's more like every 200 bids put in that gets one taken rather than every 20-25?
What I should be doing is spending more time reading on this board instead of going other places LOL
I know I know. Sorry
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man ... George Bernard Shaw
Luck Can Beat Skill Any Day ...
John Morrison Jr.