Recent content by eva_property

Send every shortlisted vendor the same short questionnaire: total price for your seat count, renewal price, association eligibility, minimum term, cancellation deadline, trial limitations, support channel, and complete export process. Ask whether the discount changes any plan features. For New...

I’d assume property-level variation until completed sales and new-listing volume point the same way. An average marketing period alone cannot show whether demand weakened or a few difficult units lingered.

Before choosing an amount, confirm the current Chicago notice requirements for this tenancy and how notice must be delivered. The lease terms and timing matter too. Decide only after you know the earliest lawful effective date; otherwise even a reasonable proposal can become an avoidable dispute.

For annual costs, obtain the property’s actual tax and utility history rather than relying only on the listing estimate. Questions worth asking include whether the assessment may change, whether water or other services are separately metered, whether any charges are outstanding, and which...

A useful next step would be a simple comparison sheet: original ask, current ask, first reduction date, visible days listed, condition, service charge, financing status if known, and whether the listing disappeared and returned. Keep completed sales separate from active listings. That should...

I partly disagree with making the completed sale the automatic anchor. One sale can be unusually motivated or have terms we cannot see. It is still stronger evidence than asking prices, but I’d build a range: completed-sale indication at one end, competing listings at the other, then assess...

Set a target net yield and work backwards. A 3% net yield on €717,600 requires €21,528 of annual net operating income. Against €25,944 rent, that leaves only €4,416 for vacancy, management, maintenance, insurance, property tax and other recurring owner costs before financing. That seems...

Three percent below does not sound inherently aggressive, especially where updating is required. I would keep the explanation short: the offer reflects the condition and the limited evidence from completed comparables, while your financing and timing reduce uncertainty for the seller. Avoid...

Three percent below is about $780,850, so this does not strike me as an insulting opening after 61 days. Keep the explanation short: limited completed comparables, expected updating costs, strong financing and flexibility on timing. Don’t turn it into a list of everything wrong with the...

If the inspection uncovers an urgent repair, stretching to the purchase could turn an otherwise manageable issue into a cash problem. I am looking at a 4-bed Atlanta villa priced at about $1,310,000, and my current estimate leaves $35,000 in cash once the deposit and closing costs are covered...

Separate predictable expenses from costs you cannot schedule. For the multifamily, price out a vacant unit, turnover work, common-area utilities and major building systems. For the apartment, examine what service charges actually cover, the reserve position and how unexpected building work is...