:) bought and rehabbed the home in cash (spent twice what I predicted on the rehab lol) and then rented and refinanced.

What are the predictions on home price rises in Miami?!

Hello,I'm wondering if people 1) use Automated Valuation Models (AVM) in the small-medium size mulitfamily space to spot under-valued properties by comparing the AVM price (the predicted appraisal value) to the list price (or the price you think you could reasonably buy the property at) and buying at a large difference (e.g. the Zillow Zestimate or Enodo: https://www.enodoinc.com/e-valuation.html) and 2) use any software to make a data-backed prediction of the ROI of various repairs for a BRRR approach (e.g.

By which I mean there will be free national websites for commercial  like Zillow or Trulia where you can see everything people are offering for sale and what they're asking, Sort of like CREXI or Loopnet or the one that was sued out of existence but more complete and comprehensive.But I don't think that will stop the 'pocket listing' process because that happens today in residential with really sought after properties.Nor do I think it will diminish the value of a really good commercial broker.When Zillow/Trulia/Redfin all came out people predicted all of the RE agents would lose their jobs and no one would ever pay a real estate commission again.

My knowledge in laws and financial instruments are limited to NY/NJ/CT/PA/IL.

@James McHughZillow can't accurately tell you what any property is worth now, so I highly doubt that any of their five year predictions will hold.

So here are my pointers for you:1 - Do not rely on broker's "pro forma" magical predictions of what a property will cost to run.

All loans will have a security instrument and note.  

Nobody can predict where the market or economy will be in 5 years - if everything goes to hell right at your scheduled sale/exit then that would be the worst possible investment move - the right move would be to hold on, let the property keep paying for itself, and ride out the cycle.So again, I don't see how syndication deals hedge against this possibility, unless they have some built in clause that says "we won't sell in a down market."

It has been so instrumental in our investing journey, and in my growth as a real estate agent.