Recent content by able_echo

The first thing to establish is what “student housing” means here: one unit in a managed building, or a property you would operate room by room? Those produce completely different workloads. Ask who pays utilities, what the service charge excludes, how repairs inside the unit are allocated, and...

Appraisal is the awkward part. Strong financing evidence shows that you are prepared, but it does not remove the risk that the lender values the warehouse below the agreed price. Be clear about whether you could cover any gap before weakening that condition. Also have the deposit wording and...

I’d keep the deposit separate from the rent discussion. It becomes relevant if the tenant leaves, but it shouldn’t be treated casually as refurbishment money or substituted for rent. Document the unit’s condition and handle any return or deductions according to the lease and local requirements...

Don’t treat every withdrawal as a failed sale. Some may return, some may be taken off for reasons unrelated to demand, and some could have completed without a visible result. Keep “withdrawn” as its own outcome instead of quietly classifying it as sold or unsold.

Floor area matters, but the duplex layout is just as important for a one-bedroom home of this size. Could you add a room-by-room breakdown or floor plan, plus condition notes for each level? It would also help to specify which fitted appliances, lighting, or other fixtures remain with the property.

The practical problem is keeping enough comparable sales without blending together homes that attract different buyers. In this price range, nearby parts of Mexico City can still vary considerably by street, plot and local demand. Condition needs its own check as well. A four-bedroom home ready...

What does “serviced” include here, and do you already know the amount and payment timing of the service charges? That could materially change the calculation. Also, is the MX$270,000 left after buying insurance and making the first mortgage payment, or merely after closing? It sounds workable...

That is fair. I would put the schedule in plain terms rather than vaguely promising future reviews. Before discussing numbers, check the lease, local notice requirements and any limits that apply in the local jurisdiction. If improvements are part of the conversation, identify exactly what will...

I keep hearing “wait for prices to fall,” but rent and borrowing costs have moved too. I can afford a suitable small multifamily in Mexico City now, although it is not cheap by historical standards. For people who waited or proceeded, which personal thresholds mattered more than predicting the...

Also, estimate a realistic turnover scenario before deciding. Include possible vacancy time, preparation work, advertising or placement costs, and the uncertainty of a new tenant. If recovering the MX$6,540 monthly difference would take a long time after those costs, keeping some discount for...

First establish whether this is true dual representation or two people at the same brokerage. Either way, I would want written confirmation of whom the named contact advises, what information cannot be shared, how later offers will reach you, and whether either side can move to independent...

One missing fact: how long has the rent been MX$36,990? A freeze after one stable year is different from holding the same figure through several market changes. I would also ask whether the MX$43,530 comparisons genuinely match the property’s condition and terms, rather than simply being...

I would choose a modest increase rather than jump straight to MX$43,530. Reliability and early maintenance reports have financial value, even if they do not appear in the advertised rent. Give proper notice under the local rules, explain the increase clearly and avoid making the tenant feel that...