30
Oct
Is there ever a time not to buy income property?
An easy answer would be when solid due diligence methodology (Economic Evaluation System - EVS) tells you not to buy, you don’t buy. Even if due diligence tells you to buy, there may be some very valid reasons to hold off. Some examples include, but are certainly not limited to, the following: The negotiations of a significant labor contract that affects the area, the possibility of unfavorable legislation (local or federal), unknown insurance coverage, pending permit approvals (favorable or unfavorable), and clarification of the property’s egress and ingress.
