Why seller's agent thought HOA would agree to take a big haircut here is a mystery.

I found that many of the leasing agents were very helpful when they knew that I was being honest and not just mystery shopping them and when they knew that I was not from a competing property since I had a small community. 

But even further, it was just something my mind never even thought about as if it was just too far and mysterious to know about. 

How much of that comes from appreciation or cash-flow is a mystery without reading their full-reports--a task I'd rather not perform.I'd further assume that if interest rates are still reasonable, and the math dictates it's still profitable, that they will just roll over the loans on these properties rather than sell them. 

If a buyer wants to remain a mystery they go BYE,BYE.If they cannot give me the courtesy upfront to show they are real then we do not proceed any further.I have had some people make a big deal about it that were worth 1 million meanwhile I have had others worth close to 100 million give me the PFS right away.PFS and bank statements a broker/agent will generally take you more seriously when they know you have the money.

This is not some mysterious questions with it depends answers.It's just math.If you pay of your house you avoid that 4% interest over 30 years. 

Ok, now that I stuck my nose in this stupid argument, here come the snipes about Chicago murders.....

From death threats to tenants being murdered to overdose to theft, property damage, fire, destruction, damage & everything else in between.The purpose of this blog is to peel back the curtain on the Property Management Business and show you some of the real life things that have happened to me or members of my company 1st hand.

I need to find something that is not too far of a drive (McKinney or Rowlett are what I would consider a reasonable maximum commute time) and where I won't get murdered or robbed every few months.

I think back on negotiating with murderers, meth dealers, wife beaters and folks on house arrest...