Course 1.0 – Week 3 Lesson 1: Do I Bid On the Property?
You’ve underwritten the deal and checked out the property and the market. How do you decide to bid and how much to bid?
You’ve underwritten the deal and checked out the property and the market. How do you decide to bid and how much to bid? This is much more of a subjective analysis, which depends on your own return objectives and your risk tolerance.
We will walk through some things to consider when deciding whether to bid and how much to bid on a property.
Lesson 1 Action Steps
(1) Have a pen & your notebook ready to take notes and write down questions for the private Facebook group or monthly Q&A call
(2) Use what you’ve learned so far to come up with a final bid price for the deal.