All Forum Posts by: Ajay Sharma

Not purchasing anything is MUCH better than buying a bad deal.  I've said it before in other forums, but I haven't bought anything in the last 3 years.... The risk reward just seems out of whack to me. 

As chance would have it however, I just went under contract on a local rental SFR in an area where I own a property already.  The deal was on the MLS and had been languishing (overpriced and title issues).  I approached the selling agent with a number that was significantly lower than than ask.  About a week later she said write it up and the seller took it so here I stand.  So far I've yet to walk through it (only seen photos.....tenant occupied), so I am hoping tomorrows walk through looks good.  I'm not afraid to walk away, but I would like to get the feeling of buying something again.  Haha.

This happens to be a "tired landlord" type property.  I think we are going to see a lot more of these nationwide in the near future.