All Forum Posts by: Susan Thelen

Does anyone know how the short term rental market is in Lansing, Michigan? 

Can anyone recommend a reputable 1031 Exchange Company?

Off market condo in Tempe

Completely renovated in the last 3 years including plumbing and electrical

3 Bed / 3 Bath

2 Bedrooms are ensuites

$2.5M

Sq ft 3093

HOA $1,022.60/mo

• On site security
• Direct access elevator
• Adjacent to ASU campus and Mill Ave
• Walk to light rail, A-Mountain, dining, entertainment, Tempe Beach Park, sporting events & Gammage Theatre
• 10 minutes to Sky Harbor
• 13 foot ceilings with floor to ceiling glass
• 3 balconies which include a cooking area and outdoor hot tub
• City and Camelback Mountain views
• 2 assigned underground parking spaces

https://www.dropbox.com/scl/fo/efv3uc2fn4vc9nowpkbks/h?rlkey=13usqq2hiu3tytc6zbi157ece&dl=0 – Photos

https://drive.google.com/drive/folders/10EVApHM2yylrZ2leX4eaHOcbO-9IkvIn?usp=drive_link

Thank you. Trying to determine NPV for a client that owns a triplex. 

Hi Shahrouz, I do not know much about the answer to your question however I do have a few clients that have group homes. Feel free to direct message me and I can pass on their information, they would not mind speaking with you. Thank you.

Are there calculators on this site that can calculate Net Present Value?

@Rebecca Jao just sent you a DM. 

I would consult with a commercial real estate agent. I can refer you to one if you would like. 

It seems to me that ANY buyer would have the same concern. If you offered to pay for it then that seems unreasonable that they won't let you. I would ask for them to pay for a termite treatment since it is unknown. Or give them the choice (you can get quotes for both) to pay for one or the other. If they still won't do it and you really love the property you can pay for your own termite treatment after you close. I don't know about other parts of the country but where I am they are common, homes here will get them eventually. I don't think this is a deal breaker. Will your lender even let you close on the property if there is a possibility that there is termites? Talk to your lender. If that's an issue then that may get the sellers to do what you want.