Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Deal or No Deal???
Morning BP Fam!
I have a property here in Houston on 321 Main Ave. that I'm considering putting under contract. The motivated seller owns property free and clear and wanted 165k due to all the rehab she put in. I was able to negotiate to 145k by telling her she's had the property on market for 45 days with no love, and saying what are you willing to take today in cash. The 4/2.5 2,195sqft sfh is in great condition (exterior, Interior) and area rents at 1,500 a month. I'm curious to know if it's at least worth getting under contract. It's hard to actually pull comps on my own but I have an agent running them as we speak. Thanks in advance for any comments and tips.