Closing Date: 10/5/2018Rehab period: 10/15/2018- Jan 31, 20194 unit rental property which will be held as long term rental propertyPurchase price: $79,000 using a commercial 5 yr loan amortized over 25 years w/ 15% do...
Hi guys,I have a question about the value of a property. I understand that large multi-family properties (5+ units) are appraised differently from small multi-family. What about three duplexes (6 units) in the same st...
I'm reading David Greene's BRRRR book, and he notes: First off, it’s important to recognize that appraisers in different areas use different formulas to determine the values of single-family homes. They are all still ...
What have you found to be the most significant contributing factors to a SFH's appraisal value in Columbus? Square ft/# of bedrooms & bathrooms/proximity to.../condition of the home/school district/etc.?Are these ...
Dear BP family,Often times, we hear low grade, mid-grade, high-grade construction materials. I was wondering, are these definitions standardized and if yes what exactly do they mean?Thank you all in advance, Eli M
I am working on a wholesale deal and need some guidance at arriving at ARV. Here are the comparables that I am working from:Subject property: 3/2; 1470 square feet; Average but dated condition; Build in 1974 and 197...
let's say that your subject property is short sale in poor condition, should I only pay attention to the comps of recently sold short sales in same condition or regular resales that are also in poor condition?
When do fat in the body is more dangerous? Did you know that the amount of fat in your body is determined when you were in your mama’s belly? Important stuff you did not know about Belly fat.The truth is that dieting ...
I have a duplex with a flat roof - Tar and gravel - I'm looking to have it replaced before next winter and have had one contractor say that he could drill insulation board right on top of the existing roof and cover t...
Would this be a deal breaker for you? I'm about to buy a fix and flip property in Phoenix, AZ. It has a tile roof that was put on top of an old shingle roof. Everything seems to be in good condition but this is don...