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Results (10,000+)
Dina Schmid Misreprentation (or error?) of Lot Size, City and Zipcode on MLS
28 December 2024 | 11 replies
I know MLS listings aren't guaranteed accurate, but getting the acreage, city and zip code wrong is hard to swallow as an honest mistake.We have a financing contingency, so if it doesn't appraise for the contract amount due to the lower acreage and different city/zip, we can renegotiate purchase price.
William J Anderson Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.
Rafael Valdor Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
@Rafael Valdor some advice when screening PMCs-----------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Julio Gonzalez Cost Segregation FAQ
31 December 2024 | 3 replies
The IRS defines a “quality” cost segregation study as “a study that is both accurate and well documented with regard to” 1) the classification of property into classes, 2) Explanation of rationale for the classification of the property and 3) substantiation of the cost basis of each asset and reconciliation of the total allocated costs to total actual costs.
Zach Howard Are we allowed to post zillow links here for feedback/analysis on potential deals?
10 January 2025 | 12 replies
I've seen a few instances on the biggerpockets youtube channel where the comments were suggesting the data used in calculations wasn't accurate.
Timothy Franklin STR sub-to/ portfolio
1 January 2025 | 26 replies
MOST transactions where people think they’re buying below market are actually being purchased AT market price; the purchaser is either valuing the property incorrectly usually because the “comps” they’re using are not being adjusted accurately for difference or because the appraiser’s opinion is just plain incorrect. 3.
Samuel Coronado Looking at another park
13 January 2025 | 8 replies
Given your firsthand experience with the Alabama market, particularly with septic-specific considerations, your insights would undoubtedly provide a more accurate perspective on the operational and maintenance costs affecting this asset.Even with the available information, there are still substantial assumptions and speculative elements that must be integrated into the current and pro forma financial analyses to provide a meaningful valuation.
Chris Berezansky Rental and Utility Data Request for Data Science Capstone Project
17 December 2024 | 1 reply
The goal is to determine whether the government accurately adjusts DoD Basic Allowance for Housing (BAH) rates and to develop a predictive model to calculate possible future BAH rates for specific locations.We have pulled rental data from Zillow and historical BAH rates from the DoD.
Francisco Milan Skip Tracing LLCs & Trusts
18 December 2024 | 8 replies
It's a double skip process that requires gathering owner information on the LLCs from the secretary of state or corporationwiki (as @Eliott Elias stated), and then skipping the owner which is why you will only find a handful of companies that can do this accurately
Chris Menne Should I Sell or Rent Out?
3 January 2025 | 18 replies
If you want a more accurate estimate for rent, use any platform and zoom into your local neighborhood and see what similar properties are advertised for rent.