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Updated about 5 hours ago on . Most recent reply

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Brian Bubel
  • New to Real Estate
  • Cookeville, TN
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Days on the market

Brian Bubel
  • New to Real Estate
  • Cookeville, TN
Posted

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.
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
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Nicholas L.
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Brian Bubel

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

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