[quote=Wah-Wah]AN, thanks for the break down. Got to admit that I am no MM expert ( what’s up with the “insider joke” ? )
So, your point is these above are overpriced at least by 20-30%? If this is the case, would you agree that the house in OP post is somewhat overprice?
btw, it’s not 10% +/- lost, don’t forget 6% commission + other cost.[/quote]
I didn’t say those property are overpriced. I didn’t say they’re underpriced either. I was just giving the comparison between the properties you listed and the Banister house. I was trying to say, if the Banister house ever sell for $300k, then the properties you listed would/should be selling for low to mid $200k. I already said earlier in the thread that at low $400k, it’s a decent deal. At $300k, it would be a flaming deal (assuming today’s interest), considering it can probably rent for ~$2200/month.
