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Updated over 12 years ago,
What do you consider is a DEAL?
So, all of us are want a deal when purchasing properties, the deeper the discount the better the deal.
Here, in Las Vegas, the estimate cost to build a standard house is about $100.00 sq ft. So, if you could find a relatively newer Single Family Resident for under that, it would be somewhat of a deal minus expense.
My question to all you BP folks, is what do you consider a deal to be?
- Anything under X price per sq ft?
- Property must be at least 70% below comparable sales from the last 3 months?
- Are there other factors, like curb appeal, floor plan, schools, do you care about rental rates, price range, etc?