(And please don't take the seller's word on whether rent has come in or will come in.)Second, I'm strongly recommending that people discount any current rents by 10-15% when analyzing properties, and base their purchase prices accordingly (and as an investor, your purchase price should absolutely be based on income and expenses and not just what other similar properties have sold for).The reason for this is, rents have gone up and up and up for years, and sooner or later they were bound to start coming down again, just by virtue of the fact that there really isn't a lot of new economic activity or job growth in RI so there's bound to be a limit.

So we asked for a $20,000 discount before I was off the phone.

Is that enough to ask for an additional discount?

@Jasraj SinghThe concept of the BRRRR method or a flip is to buy at a discount, rehab the unit/building and force the appreciation.  

She sent me a text message asking for discount in rent.

I negotiated the deal by accepting no commission for granting a lower price (totally worth it, commission would've been less than the discount I got. ) How did you finance this deal?

I negotiated the deal by accepting no commission for granting a lower price (totally worth it, commission would've been less than the discount I got. ) How did you finance this deal?

Additionally, if you are looking for some other good FB groups for military/veteran real estate investors, send me a message and I'll share the links(will get taken down if posted here), might get straight to the source of someone who's done this in Guam.

So we asked for a $20,000 discount before I was off the phone.

We decided to offer a 30% discount to visiting healthcare professionals during the pandemic.