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Real Estate Rookie

How to Beat Other Offers Without Bidding More (Rookie Reply)

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.81.7K Ratings

🗓️ 15 August 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

Welcome to another Rookie Reply, where Tony J Robinson and Ashley Kehr answer questions from the BiggerPockets Forums and Real Estate Rookie Facebook group. This time, we’re covering questions like: What are the different ways you can structure an offer on a property? Should you use an attorney for an eviction or do the process yourself? Should I pick my W2 job to align with my real estate goals? Looking to invest? Need answers? Ask your question here! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-601 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

If you think the highest offer always wins, think again.

0:04.5

Today, we're breaking down the creative strategies rookie investors are using to get their offers accepted without overpaying.

0:11.7

Plus, we'll walk you through exactly what to do when your tenant stops paying rent and you're staring down your very first eviction.

0:19.2

And if you've ever wondered whether your nine to five job

0:22.1

is setting you up for real estate success, or maybe it's secretly holding you back, we've got

0:27.7

some honest advice you won't want to miss. These are three rookie situations we see all the time,

0:32.7

and by the end of this episode, you'll know exactly how to handle them just like a pro.

0:45.4

This is The Real Estate Rookie Podcast, and I'm Ashley Care.

0:49.7

And I'm Tony J. Robinson. And with that, let's get into our first question for today.

0:55.7

So question number one. Question says, what are the different types of offers you can make on a property beyond just offering at or below asking price?

0:59.0

I want to be more creative and competitive with my offers.

1:02.8

What strategies do experience investors use to structure offers creatively?

1:07.8

Great question.

1:09.0

And I think a lot of Ricky's As should do just kind of focus on price

1:12.5

as the only part of their offer. But maybe let's start by breaking down what are all the different

1:18.6

elements that go into an offer. And I think for rookies that are curious, like if you ask your

1:24.3

agent for a sample purchase and sale agreement, that's like all the different

1:30.1

things you have to fill out as you're going through. So just off the top of my head and

1:35.2

you know, jump in here as needed. But obviously you have your purchase price. That's one big

1:40.7

piece that a lot of folks are going to focus on. The second thing you have is your closing

1:47.8

date. So how quickly can you close? Standard purchase and sale agreement is going to default in

1:53.6

most places, I think, to 30 days. If you're in New York, I don't know, maybe it's like six months

...

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