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All Forum Posts by: Justin James

Justin James has started 2 posts and replied 2 times.

Post: A Question for Millionaires

Justin JamesPosted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 2
  • Votes 0

There is endless information on how to get started in real estate and finance, but not many good resources on what to do once you've firmly rooted yourself in the middle-class. So, for any highly successful person that might be reading this, what resources did you use to scale up to the next level? Any book recommendations? 

I suspect there isn't much information on this because there are so few people to ask. Once you've mastered "Middle-class investing", where do you go from there?

Post: How do you determine an ARV with unique properties?

Justin JamesPosted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 2
  • Votes 0

Hey Biggerpockets! I've been a member for a while but this is my first post.

I'm currently looking at properties with mother-in-law apartments and I'm running into trouble getting an accurate ARV. A 2/1 with a 1/1 in-law does not seem the same as a 3/2 single family. I could see looking at comps for 3/2 single families if the in-law were attached, but what about detached suites?

Do you tend to find that a property with an in-law is worth less or more than a single family home with the same number of beds and baths? 

Aside from in-law suites, what are some strategies you use to comp other unique properties? Such as single families with workshops, larger than normal garages, bonus rooms, and other features that may not be included in any available comps?

Thanks in advance for any input!