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All Forum Posts by: Edith Alvarado de Cortez

Edith Alvarado de Cortez has started 6 posts and replied 35 times.

Post: FINDING GOOD COMPS TO GET THE ARV OF A PROPERTY

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Mason Hickman

Thank you so much!

Also I was wondering, if there are no comps within 0.5 miles, can I go further up to a mile?

Post: FINDING GOOD COMPS TO GET THE ARV OF A PROPERTY

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

Hi BP community,

I hope you all are safe and sound. 

I would like to know if a property that is within 0.5 miles from the subject property, exact same beds/baths, sq footage, same zip code and sold within the last 6 months but it's in a neighborhood across a major street is a good COMP.

Thank you so much for your time and insights!

@Robert C.

Thanks Robert!

@Christopher Smith

Thank you Christopher!

@Aaron K.

Thank you Aaron!

Hi everyone!

I was wondering if there are any changes in California 2020 real estate law that could have a negative impact for investors or otherwise which ones should we be taking advantage of?

Thank you so much in advance for your help and have a wonderful day!

Post: HOW TO ANALYZE A DEAL FOR TWO EXIT STRATEGIES

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8
Originally posted by @Joe Villeneuve:

OK. Let me reword my statement with this new info.

"Why do you think you should take baby steps, just because you're starting out'?

Well, if that's not a good idea at all. What advice could you give me? 🙂

Post: HOW TO ANALYZE A DEAL FOR TWO EXIT STRATEGIES

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Joe Villeneuve

Good point Joe! But since I’m starting out I would like to know how to analyze a deal for at least two exit strategies. I’m taking baby steps 😬

Post: HOW TO ANALYZE A DEAL FOR TWO EXIT STRATEGIES

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

Hi every one! 

I was wondering, how do you analyze a SFR so it can make sense for both exit strategies, to fix & flip or a rental. What are your formulas?

I've been analyzing some properties for fix & flip with the 70% rule, but how do I know if they have potential for a good rental as well, more specifically for a BRRRR?

Thank you so much for your help in advance! 

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Jeff Cichocki

Thank you so much Jeff!