Category: housing

Buyer: What's the history on this rental unit?
Seller: Nothing to special. Just a nice little unit that recently came open. We freshened it up a bit and have put it up for rent. Great neighborhood, and great schools. Really a great unit.
Buyer: I am on a budget, could I rent it for $2600?
Seller: That's a bit under what I can afford on the unit as I have payments I have to make myself. I could come down to 2900 if that helps. That is cutting my profit margin pretty close.
Buyer: That would be very helpful. Given the perks of the neighborhood I think I will accept that deal.