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Updated almost 8 years ago on . Most recent reply

Michael P.'s profile image
Michael P.'s profile image
Michael P.
  • from Marlton, New Jersey
  • Member since Apr 12, 2017
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129
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16
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Michael P.'s profile image
Michael P.'s profile image
Michael P.
  • from Marlton, New Jersey
  • Member since Apr 12, 2017
Connect
Michael P.
  • Marlton, NJ
16
Votes |
129
Posts
Buying & Selling Real Estate

Buying Price does NOT have Comparable Comp

Michael P.
  • Marlton, NJ
Posted

I have raised my bar of purchase price to a rental unit.  Seen many properties, if they are cheap they come with issues and need to be fixed, full overhauls.  I found a house, cost 100k, done great inside, nothing needs to be fixed up, totally turnkey, should I pull the trigger?  No comparable comp to the price.  Not within at least .5 miles.

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