That's not to say they won't continue their run a little longer, but I wouldn't want to time it.What I don't like about precious metals is that nothing backs them up except perceived value.

I'm really inclined to just pass on the deal if we can't get the exception removed and they won't escrow funds to indemnify what we perceive as the worst-case risk.

If you can complete a major renovation/ value play it is possible to purchase something distressed and fix up for lower then perceived retail price, however this takes a massive amount of capital and knowledge to execute on the scale of an NYC apartment building.This is not to say that you can't find the needle in the haystack but it is not a scale-able modelFind me a deal that is otherwise and lets analyze it

But you scared off a seller who felt somewhat intimidated by dealing with (what he/she perceived as) a big corporation.I say go with a name that tells your market EXACTLY what it is you do.

This is a recent change due to the perceived liability increase in student rentals- the high visibility of the couches burning on porches of college towns.

It’s not just supply and demand or perceived risk.

The biggest disadvantage is that you could be perceived as preying o the uninformed because you're a professional and supposedly know so much more about this than them that you borderline defrauded them out of some money.

To some extent, your interaction with the borrower to this point could be more of a risk and liability as you may be perceived as working with a borrower on modification terms or negotiating with the mortgagee and borrower without a proper license.

I wonder if $600 off every December as example would have any effect on perceived renter incentive?

My guess is a lot of times the perceived lowball offer is more realistic.