
17 November 2012 | 4 replies
So, I'm curious, are appraisals done strictly on objective figures, or does it entail a subjective portion that will bear weight on the final value?

30 June 2011 | 16 replies
George time is a killer on rehabs because of holdings costs and the right market timing on selling.I would find out if your market is REO or short sale driven.I have other broker friends across the country that list REO for residential.Big banks are almost finished working out a settlement with the government on the ROBO fiasco.Word is later this year banks are going to start shredding the backlog of shadow inventory.This will put extra downward pressure on many markets for price and concessions given to buyers while increasing holding times.What I tell investors is to analyze at what percentage your market is stabilizing,appreciating,or declining.What you know is what the market is doing today.It's hard to predict the market in a few months when the rehab took longer than expected.I would price it within the bottom 50% of Actives given they are not grossly overpriced.Pay more attention to the recent sold's.You do not want to chase the market down.I don't know how many times I have seen sellers of any property type price high and chase the market down.If they would have priced correctly they would have sold much faster and for more money in a declining market.It sounds like you bought into a marginal deal with heavy holding costs and longer repairs.Best thing to do is too dump it quick and move to the next one where experience will get you better margins going forward.Good Luck

26 March 2013 | 3 replies
There is no requirement to have insulated glass, but what is common for the area, style and age will carry more weight.

27 August 2007 | 6 replies
I would much more like to own now since I have the opportunity and set myself up better / faster.

18 March 2008 | 4 replies
Do you think I could motivate some of my subs to work a little faster with one of those?

22 May 2012 | 17 replies
This aspect should be weighted much more heavily than input from authors and opiners alike.

11 June 2012 | 20 replies
It was a long dry spell for me - prayerfully you'll have faster lease ups.Anyway, that terrible time inspired me to search for a way to pay the bills WITHOUT tenants.

6 January 2008 | 5 replies
I print this on heavy weight paper as it gets a lot of use and I keep it in the drawer with my checkbook.

13 March 2014 | 45 replies
There is far too much easier, faster, and better money to be made selling at retail to consumers.

8 February 2015 | 96 replies
No need to keep sashes with weights and pulleys that will never be mistaken for being energy efficient.