(BTW, that agreed on price should be the main data point in value).Even in a commercial appraisal, applying a cap rate to determine value, +- a quarter percent, which is a perfectly reasonable delta amount, will swing those values dramatically.Like BPOs, appraisals also use terrible comps many times, especially when they are doing so blind with no set sales price set to achieve.

The tax rate is higher on flipping, the risk is higher, and having one flip go south can ruin an entire quarter of profits.

Overall inventory stayed flat at 69,464,000 square feet, with no new completions in the quarter.Asking and Effective RentAsking rents in Los Angeles declined marginally by 0.1% quarter-over-quarter to $34.21 per square foot in Q1 2024.

I had never seen anything like that in my career but it seems to work we have funded half dozen deals last quarter..

. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.

If they are showing you multiple homes, consider their time as well, and their desire to be compensated because it is their business too.In San Antonio, I pay an annual and quarterly fee for MLS access.I wish you all the best.

We are receiving quarterly distributions as promised and things are going very well.

I will note (but not condone) that a lot of people will build fully permitted living quarters in their basement.  

we do notes as well. for non performing loans we say $800M in loans last quarter, we bid on approx. $50M of them and our hit rate (what we close on), is typically around 10%.

FNRP don’t pay quarterly distributions as they claim.