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Updated about 9 years ago,
Intro & your opinion on something
Hi everyone, this is my first post on BP. I've been really getting into the podcasts and am an aspiring investor in the NY/NJ area.
Anyways, as a way of introduction I wanted to pose a quick rental/leasing deal for your consideration and opinion. I needed to rent a new place as I'm moving in with my girlfriend and we're soon expecting a baby. Since I had some money available, and wanted to lower my rent, I was able to negotiate the rent down to 1500 down from 1600 for a 6 month lease pre-pay. This also lowered broker fee by $100 for total discount of 1300 for the year. I make decent living and have a clean credit history. The offer was accepted, although I was a bit surprised they agreed to that much lower rent. Do you think I made a good deal assuming the market value is within reasonable range? What are the risks?
thanks and see you around for sure.
Maciej