2 ms·

This reads as being quite arrogant. You may turn out to have made a good bet, though even in that case, you shouldn't be sure that it was a guaranteed thing lik

• latchkey 4y ago
  Given that I was born and raised in the area and my father still lives 100' away from me (and he owns two properties here), I knew the area market extremely well. I bought the place sight unseen while I was in another state because I knew exactly what the property is and its history. It is also easy to see in this very popular beach area that the prices have appreciated over time. The people selling the place... well... I googled them and it seemed like they needed the cash. I lowballed the offer (counter to my agents wishes) and they accepted. Business is business. Apologies if it came off as arrogant, but like I said, I got lucky. The stars aligned into something I knew would be a good investment if I could get it and I did. One semi interesting side note is that I was originally looking for a place to rent, not buy. One of the other owners in the same building wanted some crazy $6k a month for a 1 bedroom because it is all profitable short term rentals. Because of everything in the area being short term rentals, there is literally nothing to rent. I then saw this place come up for sale and figured I might as well buy. Again, lucky, but also understood very well what I was getting into.