The story
One offer. Two months of silence. One phone call.
You already know the numbers, but what was Patrick thinking at each turn, and what really worked for him?
The cold call
The list said tired landlord, and the voice on the phone confirmed it: he wanted $200,000 and he wanted to be done. Patrick ran his numbers and they came back at $140,000, so that is what he offered. By the time he hung up, the ask, the offer, and the recording were all sitting on the lead.
“We have a better offer”
The seller announced. This is the moment most investors start bidding against an offer they can’t see. Patrick didn’t. His number came from the math, and the math doesn’t flinch. He wished the seller luck, left a note on the file, and went back to work. The offer stayed on the table, costing him nothing.
The phone rings
Two months of silence, then an inbound call. REsimpli puts a name to the number before Patrick says hello. It’s the landlord. “Can you do $146,000?” The old offer, the notes, and every recording are already open in front of him, so there’s no scrambling and no “let me get back to you.” The better offer, whatever it was, never made it to a closing table. The seller has come down $54,000. Patrick comes up just $6,000 and says yes.
Closed as a wholetail
The house needed a mop and a lawnmower, not a cleaning crew. Patrick’s GC handled the $3,000 cleanup and took payment at closing, so nothing came out of pocket. The property listed near retail, sold fast, and left Patrick with $40,000 in profit. A mere six days after a phone call most investors would have fumbled.
Patrick’s golden rule “Always make the offer, even when you’re at 60 to 70% of what they’re asking, or even less. You never know when you’ll get that call back.” Patrick Meyer · Real estate investor · Columbia, SC