![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2726112/small_1683066700-avatar-suganyav.jpg?twic=v1/output=image&v=2)
25 December 2024 | 60 replies
if you add one ADU, you will likely be comped against quads with maybe a slight adjustment for it not being a true quad.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/574631/small_1732650038-avatar-eppersonsam.jpg?twic=v1/output=image&v=2)
7 December 2024 | 8 replies
Run your comps and be prepared to adjust a suggested price based on condition, layout, and other factors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2445293/small_1695120373-avatar-kwokw2.jpg?twic=v1/output=image&v=2)
1 December 2024 | 9 replies
., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/216815/small_1621433921-avatar-ciscobuyer.jpg?twic=v1/output=image&v=2)
4 December 2024 | 3 replies
If money’s the issue (which is highly likely), you could offer to cover the advertising costs upfront, if possible, and adjust their commission by that amount.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/327807/small_1647361445-avatar-ramada.jpg?twic=v1/output=image&v=2)
5 December 2024 | 48 replies
You can make price adjustments to get a more exact value.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2927162/small_1705958866-avatar-drewg118.jpg?twic=v1/output=image&v=2)
5 December 2024 | 4 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $459,000 Mortgage Amount (80% LTV): $367,200 Equity: $91,800 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop to 5%Monthly Expenses: Mortgage Payment (5% Interest): $1,971 (Now you are paying interest and principals) Property Tax: $260 (assuming has been increased with a 4% from last year) Utilities: $361 Insurance: $104 (+4% Adjustment) Vacancy: $166 (now after 12 months we can assume we have some vacancy at 5% factor on annual rent) Repairs & Maintenance: $166 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $3,028Rent Income after 12 months assuming annual rent increase at 5% : $3,323Cash Flow: $295$ per month 😊Long-Term Gains: $5,418 Principal Paydown year 2 (this will increase each as you pay off your mortgage $36,720 Property Appreciation (assuming 8% per year) $3,540 Cash Flow (this will increase as rents rise)Total Annual Return on Investment: $45,678 with just $ $22,789 remaining in the deal.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3080302/small_1721696915-avatar-michaeli185.jpg?twic=v1/output=image&v=2)
3 December 2024 | 6 replies
We're in a community property state, where I believe my wife is automatically considered an owner.Would you be able to clarify if I am allowed to quit claim into this LLC as is, or if I'll need to add my wife to become a married single member LLC (married SMLLC)?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2719494/small_1694587544-avatar-brandonm945.jpg?twic=v1/output=image&v=2)
28 November 2024 | 15 replies
I would say C- and below you have to give on that more, but I would try to keep it at C on automatic.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2337477/small_1673461746-avatar-seanr311.jpg?twic=v1/output=image&v=2)
3 December 2024 | 26 replies
While it is a newer software and doesn't have certain features like automatic transfers, I really like the software.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/975461/small_1621506624-avatar-vivianh27.jpg?twic=v1/output=image&v=2)
12 December 2024 | 49 replies
Because you already invested and presumably can't get out, your brain will automatically be selective and tend to trust the positive information and ignore bad information.