Action
If lowballing, do a verbal offer first to save time on contracts. Have an agent who is comfortable with submitting lowball offers, as this is a common strategy in a buyer's market.
Medium impact · low effort
Yes, You Should Start Lowballing Offers (Buyers in Control!) (Rookie Reply)
Summary
This BiggerPockets article discusses the potential for lowball offers in a cooling housing market, offering advice on navigating such offers and also providing advice for new investors partnering to start an STR. Hosts can use this information to inform their real estate investing strategies and understand the risks associated with certain financing options.
Key takeaway