reasons some properties stay on market for a long time?

[Jeremy Williams]

So in my searches I've noticed some properties stay on market for quite awhile. One example would be a 4 plex that just had its priced lowered to 118k from 130k. It's been listed for 5 months.

Maybe rehab is more than I'm thinking but if this place is beat up putting 20k into each unit, 80k total, will get you around 500-600 in cash flow monthly after calculating in monthly vacancy, fixes, insurance, taxes, etc.

So my main question is, what do you see in some properties that seem like good deals but have issues and cause you to not get near it?

[Wayne Brooks]

Property on the market for a long time?

It is likely the price.

Then again, it could be the price.

Or, it might be the price.