Todd Hunter · Australian Property Investor · Accidentally stealing a house and the free lifestyle of a mortgage broker - Property Investment with Todd Hunter
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Target “dead” markets that have had no property movement for five years and submit offers $50k below the listed price
$400,000 listed price, $350,000 offer
“We competed against the likes of Marketo… by offering self-serve pricing, pricing ourselves below the competition, having an incredibly usable product, and offering expert customer service.”
“I take the asking price… subtract 40 %… that would be my offer price… train your agent to do that… submit a verbal offer”
“People in WA had no idea what property prices were in Sydney… I took as much advantage of it as I could, buying as fast as possible.”
“In the US… 23 markets where price-to-income is five and above, five markets nine and above… it would now take people around seven years to save for a down payment… over 30 years in some California areas.”
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