Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago,

User Stats

18
Posts
1
Votes
RANJAY SINGH
  • Bel Air, MD
1
Votes |
18
Posts

New Rental property question, invest or not or how to move forward?

RANJAY SINGH
  • Bel Air, MD
Posted

Found a new small property 3BR/2.5BATH, seller asking for 65K, OK condition, for renting not much repair required except carpet cleaning, may be paint, may settle for 60K, I am yet to offer in writing something today, seller bought for 35k last year as short sale. Wondering  1. How do I find actual market value of the townhome?  2. How do I negotiate further down, since he paid only $35K. 3. Is it a good investment? It will fetch $1100/Month rent. 4. I do not have an agent, working with seller's agent, is it advisable to have a buyer's agent? 5. Anything else I should consider? I am trying to buy few rentals for long term cash flow.  

Loading replies...