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Updated almost 5 years ago,

User Stats

14
Posts
9
Votes
Jon Ferraiolo
  • Rental Property Investor
  • Atlanta, GA
9
Votes |
14
Posts

Nervous that you are missing something that no one else is?

Jon Ferraiolo
  • Rental Property Investor
  • Atlanta, GA
Posted

What is up BP!

I'm looking to buy my first deal, and there's a multi family unit that has been sitting on the market and the price keeps dropping. Zillow description says the units are already rented, and for how much. I've ran the numbers, and it looks like a pretty solid deal....

Sooo why has it been sitting so long, what as a new investor am I missing? What do I need to find out before talking to the listing agent, and reaching out to a property manager in the area to get their opinion of it.

Love to hear your thoughts, definitely an exciting nervous feeling when you think are about to start the process to place your first offer!!

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