Stay away from property that's been in the market for too long?

[Andres M.]

Hi guys. Newbie here from Staten Island. I've been searching for multi family properties in NJ to invest in and came across a couple that look interesting but have been in the market for what seems like a long time to me. One has been 180 days in the market and another 270 days.

My thinking is that something must be wrong with the property for it to have been sitting there for that long otherwise it would've sold.

Does the number of days in the market raise a red flag for you guys?

Should I even bother making an appointment to see the inside? Both properties looked ok on the outside (well, other than the boarded windows, lol).

Thanks in advance.

[Justin Fraser]

If a property has been on the market long enough, your offer may come in just at the point where they are frustrated enough to take it. You never know. Good luck!