(no subject)

[vicarz]

I originally listed for 325, backed down to 315 when there were no offers. This guy came in and asked for 276, 6 back. I nearly flat out said no - but I also haven't spent the time soliciting renters (gee no LJ responses). So I countered at 300/5 back, but warned quite seriously that was pretty much my bottom. Got home from the gym, and found he countered with 291/6 back. I called my guy and said no.

There is always a chance he'll counter back, but a better chance a flat out no will just get rid of him - but I wasn't kidding. This is often how I negotiate at work - I don't like to futz around. This is what it is. Fair in my opinion, and I'd try for more were I you too...but no, I'm not hard up enough to need this sale.

Having rental property is a good hedge against the economy, even if I am a tad strapped for cash. I still would have to sell it by Feb 2010 to be tax free on up to 250k in gains. I would have to add a significant chunk to the sale amount to overcome the tax liability I'd face - but that seems highly likely as time goes on. If I keep it - it's been cake dealing with renters.

Also, when I started doing that little dance in my head where I thought about what I would do with the wad of money if I had it...and really there isn't much that I want. Upgrade my car to the same car a couple years newer, add 10 inches to my tv, new laptop...but the things I want to do I can already afford, and for the most part that's hang out with my friends. I'm just that simple.

I also thought since I'm on the board I can approve any kind of modification to the property and nobody can stop me. So, wouldn't it be cool if I built a tube that ran from one unit to the other, like a habitrail? Whee!