Strategies for Competing in Real Estate Offers

This chapter explores effective methods for buying rental properties in a competitive market, focusing on the importance of multiple offers and negotiation tactics. Speakers also highlight the value of community support through Bigger Pockets for real estate investment success.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

You’re trying to buy your first rental property, but you keep losing out to buyers making cash offers and waiving inspections. Are you doing something wrong? In this episode, we’ll show you how to find more deals, improve your offers, and even be the first one to the party!

Welcome back to another Rookie Reply! One of the biggest perks of real estate investing is the home equity you build through loan paydown—money you can use to grow your real estate portfolio. But between cash-out refinancing, a home equity line of credit (HELOC), and selling your property, what’s the best way to pull your money out? Ashley and Tony are here to break down your options. Next, we’ll discuss the best properties to buy with appreciation as your main goal. Should you buy the cheaper home that needs renovations or the move-in-ready rental? Stick around as we compare these properties head-to-head!