Recent content by timo_budgets

Do not let transaction language make a photographer sound like a substitute for the people handling the legal and documentary side. Practices and responsibilities can depend on the arrangement and jurisdiction. Before signing, have the proposal identify who keeps the offer-to-closing document...

What decision are you expecting the report to support: whether to offer, what price to offer, or what to improve after purchase? That changes the necessary timing and detail. Also ask whether the assessor will need access to shared building equipment or records. A studio-only visit may not...

Also decide in advance how you will handle the completed inspection. Since it was not the reason for withdrawal, that is useful context, but whether the report can or should be shared depends on the report terms and the local jurisdiction. At minimum, revisit any items raised and decide whether...

The weak surplus is concerning, but self-management may no longer be a genuine alternative. Paying someone locally can prevent a small repair or tenant problem from becoming a much larger remote headache. I would compare the managed return with the net proceeds and costs of selling. If...

The 92 days may be more informative than the price movement, provided withdrawn and relisted properties are handled consistently. Do you know whether the sample includes only furnished units actively offered as serviced apartments, or ordinary apartments that could potentially be operated that...

Include maintenance that may be due even if the current tenant stays. Otherwise it is easy to classify every future repair as a turnover cost and overstate the case for no increase. I’d separate routine ownership work from cleaning, painting or damage specifically caused by changing tenants.

I would not discount the apartment indefinitely just because the tenant is good. Retention has value, but so does keeping the rent from drifting further behind comparable homes. A fair approach could be a documented adjustment now, followed by another discussion at whatever point the contract...

I slightly disagree about pushing APR into the background: it is still a useful way to eliminate obviously expensive quotes, provided the loan amount, term and fee treatment are identical. Then build a simple spreadsheet for perhaps three outcomes: keep the loan for 30 years, repay earlier, or...

One caution on that comparison: don’t count the whole mortgage payment as a cost. Separate interest and fees from principal repayment, while also tracking the cash tied up in the deposit. Otherwise buying can look artificially expensive or artificially cheap depending on how the spreadsheet is...

To answer the original “verify first” question: I’d verify rent before refining any expense percentage. A small error in achievable rent flows through every month, while many other costs can be narrowed later using property-specific amounts.

Choose a comparison period before doing the arithmetic. Over, say, the period you realistically expect to own the property, compare the total cost of buying now with the total cost of waiting—not just today’s payment against a hypothetical lower payment. Waiting also means continued housing...

Agreed on keeping the deposit out of the bargaining. It should not become an informal cushion for either side. I would first test the ARS 8,922,000 comparison, estimate a realistic vacancy period, and then offer a phased figure. If the tenant pushes back, that gives the owner useful information...

I disagree slightly with framing the entire discount as a reward for reliability. Paying on time and caring for the home are expected, and a gap this visible can become difficult to correct later. A planned series of smaller reviews may be fairer to both sides than either a permanent freeze or...

A phased increase is easy to revisit; allowing the gap to widen for several more years is not. The tenant’s reliability justifies staying below a well-tested market figure, but it does not require holding at ARS 7,891,000 indefinitely. A modest rise now, with a clear date for another review, may...

I wouldn’t decide from the 7% alone. Build a 12-month keep-versus-sell comparison that includes the extra letting fee, a realistic vacancy allowance, maintenance reserves, insurance, property tax and any financing sensitivity. Also ask each manager exactly which tasks are included and what...