Days on the market
I am interested and researching STR. Which means I am reading and gathering information about logistics in the rental world. I have found a property in a location that I am very interested in. The property has been on the market for 303 days. Question is how would a seasoned investor look at the time this condo has been on the market? What would your questions be to the seller?
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Nicholas L.
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Nicholas L.
#1 Starting Out Contributor
Pro Member
#1 Starting Out Contributor
- Flipper/Rehabber
- Pittsburgh
without knowing anything else, if the entire world has passed on it, that likely means that there are issues..
price too high, and/or amenity issues, and/or HOA or building maintenance issues, and/or restrictions impairing or precluding STR viability, and/or title issues...
ask the agent and see what they say