All Forum Posts by: Uri Katriel

Hello, I'm very interested in buying foreclosed houses. I came across some intriguing offers and I'm curious about how the appraised value is determined and how accurate it is. For example, if I find a house listed at $60,000 with an appraised value of $120,000, how far off is this value from the actual worth? Is the appraised value more conservative or does it lean towards the higher end? I would greatly appreciate your response.

Hi, SO after i read too much, i feel like its good idea to start "do" some real estate,

As across the ocean & totally new investor, I believe the right way to start is to find a deal that "below" the market, that usage as "mistake buffer".

this subject is something new to me, i will glad if you can forward me/ give any information about this subject.

Uri

HI, I'm a new wannabe investor from abroad, due to low budget I have started to look and analyze opportunities in Columbus, Ohio metro.
i find estate that does not publish on zillow (i call that "off market" ;) ) at a really low price, but the house condition is bad, and It should pass a deep rehab. this house in good suburb, and the meaning ARV of the house in this area is between 131-188K (it's depend on the analyze method), the house offered in the for 60K and i sure it's can be decrease - the problem is that i dont know and dont have the tools to estimate the rehab expenses. the rent estimate is 1500$.
what do you think? What is the next step? maybe that kind of beginning is to harsh from aboard, and maybe should i transfer this opportunity to a local investor will glad to

HI, I'm a new wannabe investor from abroad, due to low budget I have started to look and analyze opportunities in Columbus, Ohio metro.
i find estate that does not publish on zillow (i call that "off market" ;) ) at a really low price, but the house condition is bad, and It should pass a deep rehab..this house in good suburb, and the meaning ARV of the house in this area is between 131-188K (it's depend on the analyze method), the house offered in the for 60K and i sure it's can be decrease - the problem is that i dont know and dont have the tools to estimate the rehab expenses. the rent estimate is 1500$.
what do you think? What is the next step?maybe that kind of beginning is to harsh from aboard, and maybe should i transfer this opportunity to a local investor will glad to