Your friend might as well use a probate referee, typically not my first choice when determining value.If this is to satisfy court, they normally assign referees on a rotating basis.

When tagging type @ and the first 3 letters of their name there will be a choice list at the bottom of the window click the correct on that will outline the name in blue.Check out the Start Here page http://www.biggerpockets.com/starthereLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Consider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Both my sister and myself were named by the will as co-executors of the estate and we made choices together as to how to proceed with the properties while this was going on, as in we consulted on repairs etc, money to maintain the property also came from the estate.In my case I wanted to invest in other property and my sister wanted the property my mother owned, so she bought out my half of the properties I inherited with her, and I am no longer part of that.

You can have your choice of long term rentals or short terms flips.If interest please provide your information and we will send you a list of investment properties in your area.

@Ryan Watson Ryan the problem with demo ing a home in almost all the cash flow markets and sub 100k homes is the LOTS are WORTHLESS..To replace any kind of home would cost double quadriple what you folks pay for homes in your markets..So if you buy a 40k home that rents for 700 a month..... there is no replacement value except for a catastrophic loss ( fire)..

Just trying to make a good choice, gain some info, be sure that 3-5% down & 8% interest is a fair idea.

This would be a cash-out refi on the aformentioned one property (condo) and at the time of the application I have the choice of being either rental/income property or actually living in the property as owner-occ.

., so that’s a little bit of a plus.So that’s where I’m coming from, as far as where I want to go…my main goal is to create a stream of “passive” income which at some point would be high enough to cover my humble expenses, thus giving me a choice to do whatever I want, allowing me to quit the rat race being one option.

(c) Of course, ALWAYS focus on the ROI (return-on-investment) to determine if the effort and time are worth the work.By no means is this a complete guide, however I hope it gives you focal points to work with in making your choices.

Hi Ryan - welcome to your new career!