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Baltimore Discounted Property: $34,833 Per Bedroom
Here's another Baltimore property that was submitted by a user that we will use as a teaching tool for our Baltimore, Maryland Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 5100 Walther Ave, Baltimore, MD 21214.
Since this 3 bedroom, 2.00 bathroom property has an asking price of $104,500, let's take a look at what various offers would mean in terms of price per bedroom. Then you can select the offer price you would like to run further analysis on using the Offer Generator.
| Price Paid (% of Asking Price) | Price/Bedroom |
| $125,400 (120%) | $41,800/bedroom |
| $120,175 (115%) | $40,058/bedroom |
| $114,950 (110%) | $38,317/bedroom |
| $109,725 (105%) | $36,575/bedroom |
| $104,500 Full Price | $34,833/bedroom |
| $99,275 (95%) | $33,092/bedroom |
| $94,050 (90%) | $31,350/bedroom |
| $88,825 (85%) | $29,608/bedroom |
| $83,600 (80%) | $27,867/bedroom |
As you can see from the table above, if you know that rents in Baltimore can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
How much extra income would it take to let you pursue real estate full time? If you could drastically increase the cash flow you generate from each deal by improving your negotiating skills, wouldn't you want to take a closer look? Why not get the straight scoop on how to negotiate your way to sweeter cash flow with Jassen's CD: Cash Negotiating: Generating Cash Flow Through Creative Methods.
Until next time,
James
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