All Topics / General Property / instant equity

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  • Profile photo of beerboybeerboy
    Participant
    @beerboy
    Join Date: 2003
    Post Count: 55

    howdy all
    they say u make your profit when u buy not necessarily selling.
    we are starting to move toward a buyers market.
    i am thinking of making an offer on a p/gear property
    and notice in the area that there are alot of houses for sale which i dont think are moving to much either.
    i want to make a much lower offer for a 85k house to say 55grand. this way i can work my way up.
    this might upset vendor and brush me altogether.
    i would like to hear your stories of ridiculous offers
    u put forward and vendor has sold to u.
    robert kiyosaki(rich dad) says in his book that
    he has bought property for a 200,000k less than asking price. (instant equity).cheers ears b/boy.

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