Did I screw up?
I have a condo currently listed for $39.5k (one week today) I did a quick flip on. The property rents for $650 easy. Purchased for $19,150 and put just shy of $3k in repairs, however I skimped on repairing some rot around an exterior glass sliding door. There has been 2 showings and 2 more scheduled. Feedback from one buyer that has seen the property was their concern about the rot around the door. My question is should I go ahead and take care of the remaining repairs while it's listed? I'm concerned I may have jumped the gun listing it..
It's only been a week so can just ride it out or should I go ahead and take care of it? My agent is aware and knows I will fix the issue if its written in the offer. $39.5k is below comps and a great investment price. Other than the rot it's in perfect condition..renter ready. New carpet, kitchen counters, appliances, and updated AC.