From: "JD" 
Newsgroups: misc.invest.real-estate alt.invest.real-estate alt.building.realestate alt.real-estate-agents
Subject: Re: Evaluating a Realtor / Determining Rental Income
Date: Sat, 27 Sep 2003 02:26:15 GMT


Anonymous  wrote in message
news:eLGdnQCv_fB7XumiRVn-ig@speakeasy.net...
>
> JD  says...
>
> >That's your attorney's problem. You should have your own expert and data
> >anyway.
>
> Of course I should.  That doesn't mean that I can't ask a question
> in a newsgroup and see what a bunch of anonymose strangers have to
> say, does it?
>
> >Are there any other rentals in the complex? What do they go for?
>
> None in the complex (they are all owner occupied), but, like I
> said, at http://www.places4rent.com/ I find condos in the area
> renting for $2000 to $3000/mo.

I checked that site and found comparable units going less than what you were
offered. Unless your unit has something really special -- like an ocean
view -- it appears that the offer is reasonable.