FULL DAY LIVE REAL ESTATE INVESTING EVENT AT MY NEW PROPERTY OCTOBER 27TH: https://goo.gl/QfeS1F
For those of you that know, I’ve been looking to buy more real estate here in Los Angeles. I recently found something and after a few weeks, I got my offer accepted. Here’s how! Add me on Snapchat/Instagram: GPStephan
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
Get $50 OFF FOR A LIMITED TIME: Code THANKYOU50 - The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c
Here’s the video summed up for anyone who doesn’t want to watch the whole thing…but at least hit that LIKE button 😉
I saw a property I really liked, and made an offer. They ended up getting several offers, and asked for a best and final. I made that offer at what the property was fundamentally worth, based on all the sold comparable and similar homes on the market. Unfortunately, other people were willing to over pay WAY more than what it was worth, and my offer was denied. However, later they came back to me when their higher offers fell through. I have a feeling the previous buyers regretted paying what they did, and felt it was best to back out.
Now that I’m back in the picture, I made another offer at exactly what I felt the home was worth, given the square footage, size, condition, and other sold properties. However, again - that offer was rejected, even though I felt it was a very good offer for what I was offering.
After over a week of going back and forth, I stayed firm and eventually my offer was accepted - here’s what I did, why I bought this specific property, and how I can add value over time!
Lesson here: If you know what a property is worth, don’t over pay. Stick to your price. It’s a logical decision to move forward or not, and if you feel something is worth what you’re paying, don’t pay more.
For business inquiries or paid one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3

By Stock Chat

where the coffee is hot and so is the chat

34 thoughts on “Seller accepted my offer – buying my 6th property!”
  1. Avataaar/Circle Created with python_avatars Nootpocket says:

    The thundering laborer parenthetically arrange because playroom rheologically disarm anenst a shiny pancreas. clean, knowledgeable slipper

  2. Avataaar/Circle Created with python_avatars Juan Martín Basso says:

    genius negociation skills graham, congratulations!!!

  3. Avataaar/Circle Created with python_avatars Fairbanks says:

    This year is long

  4. Avataaar/Circle Created with python_avatars Chalermkwan Pongkietisak says:

    Hi Graham! Thanks so much for the info!!! I would like to know how can I make an estimate on the property price if I'm not a real estate agent? And in term of inspection, how do I know what offer to make if I want the property? Do people normally take the inspector with them when they're touring the house (but then I have to spend money on each house i'm looking..). I'm very new to this but would like to be a real estate investor, but want to make sure I don't pay too high for the proeprty when it worth less. Please let me know! thanks in advance!

  5. Avataaar/Circle Created with python_avatars El So says:

    Congratulations 🙂

  6. Avataaar/Circle Created with python_avatars V K says:

    Awesome ! Congratulations on the negotiations ! What tips do you have for someone wanting to buy in city in a different country ? (But knowing well the city)

  7. Avataaar/Circle Created with python_avatars Lydia Santiago says:

    I think I saw you showing this property to your mom? 🙂

  8. Avataaar/Circle Created with python_avatars Russ Lea says:

    It's a 1 bedroom. No, it's a 2 bedroom. No wait, it's…

  9. Avataaar/Circle Created with python_avatars Rachel López says:

    It’a amazing what you bought. Congrats! 🎉 love it

  10. Avataaar/Circle Created with python_avatars Cah Abdalla says:

    Yay! Congratulations!! Can't wait to see the property!

  11. Avataaar/Circle Created with python_avatars erictesch says:

    Well now I see this. Well, next time you have a seminar, I'd be up for joining!

  12. Avataaar/Circle Created with python_avatars Jonathan Benowitz says:

    I missed the seminar

  13. Avataaar/Circle Created with python_avatars Greg Bradbury says:

    You're such a stand up guy!

  14. Avataaar/Circle Created with python_avatars acolytes777 says:

    my fav real state investor

  15. Avataaar/Circle Created with python_avatars Ryan Me says:

    You have more houses than I have iq. (Spoof of b the lee)

  16. Avataaar/Circle Created with python_avatars Adam Deichert says:

    You’re my HERO! (Well, not really…but you’re my favorite subscription 😂)

  17. Avataaar/Circle Created with python_avatars Mitchell. says:

    This fits in with the Culver City area that you like as well. This looks like mid term it is the up area with your points covered.

  18. Avataaar/Circle Created with python_avatars Payton Pearson says:

    So about how many hours per day are you putting into managing all of your properties (total time per week, all added up)?

  19. Avataaar/Circle Created with python_avatars EL EL says:

    You should organise Houses Tour ….like the Hollywood Star tour.

  20. Avataaar/Circle Created with python_avatars Andy L says:

    How do you check your city/state and find growth projects that could increase the value of real estate that you plan to buy?

  21. Avataaar/Circle Created with python_avatars Juan23 SL says:

    I’m a 19 year old Sushi chef, lost $3,000 on crypto but the coins are still there sitting. Now I’m saving money for real estate ! How do i get started?!

  22. Avataaar/Circle Created with python_avatars Mark Soberay says:

    On the market 3 weeks? LA is not reality….other places it itakes months

  23. Avataaar/Circle Created with python_avatars Eriberto Mares says:

    What im interested in know how much you paid

  24. Avataaar/Circle Created with python_avatars Chris O says:

    Are your loans non-recourse Graham?

  25. Avataaar/Circle Created with python_avatars Jerónimo Tomás says:

    How would one know if there's still spots open?

  26. Avataaar/Circle Created with python_avatars Gateway 17 says:

    Congratulations Graham on your new purchase. I am currently in the process of buying my second investment property. your channel provides great motivation for me. Keep up the good work!!

  27. Avataaar/Circle Created with python_avatars Brandon Grennan says:

    Congrats Graham! Stoked for you. If you don’t mind me asking how was your real estate agent able to leverage that other buyers home inspection? Just smart man! Looking forward to hearing from you. Not sure if that’s considered public knowledge if a potential buyer does the home inspection, then decides to walk etc.

  28. Avataaar/Circle Created with python_avatars neightARCH says:

    ADU = Accessory Dwelling Unit … Nice steal ! Lotus FTW

  29. Avataaar/Circle Created with python_avatars Melissa Ong says:

    Congrats !

  30. Avataaar/Circle Created with python_avatars MegaMusic1599 says:

    Make a video on how you find properties!

  31. Avataaar/Circle Created with python_avatars Tonicmud says:

    wwwwhhhaattt!!! cheers!

  32. Avataaar/Circle Created with python_avatars In James We Trust says:

    Congrats Graham

  33. Avataaar/Circle Created with python_avatars David Fain says:

    I made my first offer on an in investment property yesterday. I’m finally getting started and it’s partially your fault. Thanks!

  34. Avataaar/Circle Created with python_avatars alex443x says:

    Guys I really want to go to this event more than anything but I just don't have the $1,000 right now. In the next couple of months like three I should have enough savings to where I can afford your new event so I hope you can have another one soon. Look Forward to meeting you guys in person. Respectfully – Alex

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.