Making an offer on a SFR
I need help from real estate guys. A SFR is listed at $589,000 on the MLS. Another site (realtor.com) has it listed as a rental at $1900/mo. I see people talking about cap rate etc. and I don't get what that means. Based on the situation what would you offer.
I have read spex x's rough offer plan and I wiil try but, in my area I will be suprised if it works. I think spex lives in a small town.
Thanks for any any insight.
|