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Author Topic: When making an offer should I include....  (Read 3610 times)

Offline gwoods2004

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When making an offer should I include....
« on: November 04, 2004, 10:43:30 pm »
the absence of a fridge, stove, and dishwasher in the estimation?   Or, do you ignore that in estimating your repairs.

Offline tedjr

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Re:When making an offer should I include....
« Reply #1 on: November 05, 2004, 01:58:25 am »
Howdy Gwoods2004:

If you are dealing with low to middle income rental property I would include all the appliances in the estimate. If you are buying to fix and resell I would not include the frige or in upper income rental areas where the tenants usually have a box of their own.

Always use the missing appliances as a bargaining chip to get the asking price down lower and always quote new prices. When I last rehabbed a condo I got a nice used stove for $30 at a fridge for $60 and the Dw for $25. I installed them myself and had to carry them up the stairs but look at what I save compared to new.
Ted P. Stokely Jr

San Antonio, Texas

Offline gwoods2004

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Re:When making an offer should I include....
« Reply #2 on: November 05, 2004, 10:18:38 pm »
Thanks

 




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