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Results (6,772+)
Jordan Petty Would You Buy a Rental Property with Negative Cashflow?
8 August 2018 | 110 replies
Since these 8 pieces were never officially subdivided (just subdivided by a fraudulant survey map and sold to 8 different people), When the developer are going to come sniffing around in the next few years, I'll be able to file for 'partition by sale' and force the other 2 property owners to sell, because a judge would see the development as 'highest and best use'. 
Dominick Dahmen Buying a Mobile Home Park
24 June 2019 | 18 replies
Once you get the park in escrow, you will want to do a rent survey to confirm the $475 rent is actually attainable.  
Greg Maden DSCR Loan question
16 May 2023 | 11 replies
This is a hard stop as in DSCR appraiser also does a market rent survey, and at closing you need a lease and deposit check.Think this way- roof no good, no appliances, or visible code violations then DSCR is not a fit.
Conor Duffin fannie mae requirements
12 May 2020 | 4 replies
You will get at most lenders, credit for 75% of the projected future rent from the other unit based on an Appraiser survey, to use then as extra income to qualify for loan size you need.
Kyle Robertson I need to hear “I quit my job!” stories, please!
21 October 2020 | 107 replies
I actually did something for my job that sounds incredibly cool, I'm a field biologist, my specialty is endangered species surveys.
David Madrid Investing near Goldsboro, NC
19 August 2023 | 3 replies
I would suggest looking at crime rates and looking at closed listings to survey the area.
Paul Gage Newbie with reservations! Comments welcome
11 February 2015 | 16 replies
If it doesn't smell good to you..then don't invest regardless of who says what.1) Understand the Industry and related Industries (Real Estate, Mortgages, Credit, etc.)2) Learn how to evaluate a property so that you are not relying on someone else (valuations, construction costs, market conditions, etc.)3) Learn how to "vet" the sponsor/developer (Borrower/Investor) with regard to overall character, credit management, experience, resources/team, attitude, etc.4) Have your attorney draw up the Mortgage, Note, Trust Documents and related documents that will be used to secure your interest in the property5) Secure Title Insurance with a Survey on each transaction (understand how to read a title report and specifically the B2 exemptions page(s))6) Secure Property Insurance on each transaction (replacement value if possible)7) Secure either a BPO and/or actual Appraisal on each transaction (as-is as well as Subject To values and an income approach on duplexes and up)8) Do not release money on a construction project until x percentage is completed (Draw Schedule) and never release the final payment until the project is fully completed - Use a 3rd party Inspector (familiar with the Construction Industry) to determine percentage of completion / line item itemized9) At the first sign of distress by the Sponsor or the Project, be ready to act and act swiftly10) Have FUN! 
Gulliver R. MHP Repairs and Cap Ex
28 March 2017 | 13 replies
Gas will likely require yearly leak surveys and maintenance of a gas pipe protection system. 
Zachary Bradigan MHP Due Diligence Cost
23 September 2017 | 3 replies
Surveys are going to cost a bit especially on 4 separate ones.  
Eric Leon Where's your favourite place to do market research?
23 July 2021 | 3 replies
@Eric LeonBest Sources For Data:Broker Package DataBestPlaces.netCity-Data.comCensus.govFactfinder.census.govcensus.gov/programs-surveys/ahs.htmldata.census.govStateLocalGov.netSpotCrime.comWalkScore.comDeptofNumbers.comDataUSA.ioBea.gov (Bureau of Economic Analysis)Bls.gov (Bureau of Labor Statistics)Indeed.com (Jobs)NewGeography.comNeighborhoodScout.comCrimeReports.comFamilyWatchDog.usGeometrx.comSocialExplorer.comCostar.comColliers.comIrem.orgZillow.comGoogle Earth / Google Maps / Street View