All Forum Posts by: Brandy Gamblin

Hi there,

I am doing as Brandon said in the webinar today and practicing analyzing a property. This one looks interesting, but I don't know how to describe it on the rental property calculator. It looks like there is a house and 2 rental units associated. How would I put that into the calculator? It isn't a MF and it isn't a SFH and it certainly isn't an apartment. Thoughts? Thanks in advance!

https://www.realtor.com/realestateandhomes-detail/194-Second-Street_Fairlea_WV_24901_M48894-76865

Ooooo that's a Great creative answer! Very sharp (love the emphasis on "YOU"). Thank you Mark!!

I am trying to wrap my mind around my calling "for rent" signs with this article which says I don't have to see a property beforehand (BP's 7 Reasons I Can Buy Houses Sight Unseen ...). It suggests a realtor, contractor, handyman, property manager could all look at a property before making an offer and provide all the useful information. That seems very unlikely when calling a "for rent" sign, unless in the case of an extremely highly motivated seller. 

Would you (and others) agree?               Thank you again!

Hi there,

I see how to use the rental property calculator for a "for sale" property. But if I'm calling a "for rent" or a pre-foreclosure property, I don't know anything about the insides - other than what is publicly available at the assessor's site. So how can I estimate what to offer, what the ARV would be, etc. I thought it might be good to be able to throw down two offer options at the time of the first phone call.

Thank you in advance for any suggestions!