The wisdom of the masses (and the professionals). I have an apartment tax that I am negotiating with them on a sublease...

Good Morning. Looking for 2 apartments for immediate purchase! * The price of each apartment does not exceed one million ...

The wisdom of the masses (and the pros).

I have an apartment tax that I negotiate with on a very specific niche sub-lease.

Most property owners love and flow on the idea.

As part of the deal, I offer long-term care, wear and tear issues, and property management of course.

In return, I request a reduction of the rent of 600-800 (on 6500-7500 properties)

Here I come across resistance even though I present to them the statistical net of their apartments over time.

That is, for a period of 5 years, the apartment will replace 2 hands and lose about two months (12000) minimum (worth 200 per month)

Annual Wear (Monthly 150)

Property management (worth 10% = 500-600)

These apartments are bigger and less in demand in this market and therefore have a shelf time and certainly between rentals.

And yet the "account" that the property owner makes is not clear to me. He "gets stuck" on a price of 200-300 shekels more than I offer while time passes, and he loses another month.

The math is clear.

I would love to hear creative ideas to help me communicate this simple account to an apartment owner.

post Scriptum

I usually send a neat offer with all its benefits and value so that all the information is in front of his eyes.

Link to the original post on Facebook - Works on a desktop computer (To view the post must be members approved for the forum)

Related News Real Estate Entrepreneurs

Related Articles

XX Auburndale Ave, The Villages, FL 32162

Property Description: Single Family Year Built: 2003 Lot: 0.31 acres Roof: 4 Years old (HOA covered) A/C: 4 Years old Pool: YES HOA: $700 annually Sewer City Water BEDS: 3 BATH: 2 SQFT: 1,600 ASKING – $371,000 ARV – 440K STATUS: owner occupied (vacant at closing) ALL UTILITIES ARE AVAILABLE ON LAND!!! GREAT INVESTMENT!!! THE FULL ADDRESS WILL BE PROVIDED ONCE WE RECEIVE A RESPONSE EXPRESSING YOUR […]

2901 Avenue M, Fort Pierce, FL 34947

Property Description Bed/Bath: 4/2 Sqft: 1,561 Starting at: $162,180 4/2 CBS property built in 1970, Roof, AC and Water Heater are all 2018. Property is in good condition, perfect for an easy fix and flip or great rental. Will be vacant at closing. This is an assignment of contract. A legally binding purchasing contract with a memorandum [...]

XXX NW North Macedo Blvd, Port St. Lucie, FL 34983

Property Details Property Type: Single Family Residence Bedrooms: 4 Bathrooms: 2 Total Size: 1,650 SQ FT Lot Size: 10,000 SQ FT Parking: 2 car garage Heating features: Forced Air Cooling: Central Built-In: 2005 How to Contact Us about this property and keep being informed of our future deals? For additional information about this property, fill up [...]

XX Ivy Ave, Cleveland, OH 44127

Property Details: 5 beds/2 bath 1,876 Sqft Single-Family Half occupied – down paying 600 – Up vacant In great shape 2 Car Garage Estimated Market Rent: $1,500 Annual Tax: $844 ARV Estimate: $70K-90K Wholesale Price: $48760 Notices and Disclosures YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates or information provided are for real estate […]

2109 Cadie Ave Dayton, OH 45414

Property Details: 2 beds/1 bath 1,225 Sqft Single-Family Vacant Full Rehab needed Estimated Market Rent: $900 Annual Tax: $3,079 ARV Estimate: $115k-125k Notices and Disclosures YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates or information provided are for real estate investors' convenience, who must verify all estimated numbers independently. ANY information regarding specifications, characteristics, or […]

XXXX Orange Blvd., Sanford, FL, 32771

Property Details Property Type: Single Family Home Bedrooms: 3 Bathrooms: 1 Total Size: 1,100 SQ FT STATUS: VACANT Built-In: 1929 Roof: 20 years old A/C: Window Units Water Heater: 2021 HOA: No How to Contact Us about this property and keep being informed of our future deals? For additional information about this property, fill up the […]

Responses

  1. First of all, well done for the initiative.
    But I do not understand the logic of your plan - you ask for a discount of 600 shekels a month on an apartment of 6000 shekels for example. I know it is customary to receive a month's rent for managing an apartment. So why not ask for a month's rent for managing the apartment instead of signing for 5 years and getting 600 shekels every month?

  2. Managing this property is not 10%, it's 8.33% because it is one month rental and it is also open for negotiation depending on the apartment, put this into account as 5%, and then you will see how the owners of the wrong apartment in this account will think about it more seriously.
    Secondly, you have to understand that there is the laziness, as such apartments have tax planning and an accountant and many times there is another apartment and they have no power to rearrange it.
    * In case they pay high tax administrative expenses can be cleaned and pay less tax * and this can be a major consideration.

  3. You show the landlord what he will gain from the deal with you but he is one step behind you, he is in the loss prevention phase.

    Change the way the message is displayed and build a condominium plan for the apartment owner.

    Only afterwards will he be free to take an interest in the profit he has earned.

    Welcome to consult details.

    Successfully.

  4. why are you doing other people's math? if someone doesnt want to give you a discount, and doesnt buy your theoretical computation, i dont see the problem with that.
    You could ask for a static rent without increase for the entire duration of time. you can offer periodical visitation rights. you could offer a 3rd party insurance for rent reduction.