I was wondering if anyone avoids making offers on land valued over a certain amount — such as $100,000?
I recently downloaded data for an area in Colorado that has property values well over $250,000 on average. I imagine the negative response to a mailer grows exponentially as the values do. Has anyone had success making offers on such high-valued properties? Do you avoid them? Or do you simply offer more with the hopes of making $20,000 to $30,000 per transaction (as opposed to doubling your money)?
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