Seems like only the rotten apples are getting to foreclosure now that short sales are faster and easier to obtain.

Not every body wants to deal with all the things that come with larger deals.Everybody can own Apple stock not everybody want to own a company like Apple or run a hedge fund, more power to people like you who can make it happen!!!

I agree with Mike, I try requesting what the other bids were, to make sure we are comparing apples to apples, as well as learning where we can improve for the next time, or next client.

Also, make sure the number you’re calling out from isn’t showing up as “SPAM LIKELY” on apple phones etc.

What I mean is, are we getting in to situation where lot of investors buying and looking for renters and rents are not really attractive.Based on what I have heard, 1800 sq.ft Town home with two car garage can get your $1500/- to $1600/-Is this a hyped market due to Amazon and Apple news?

Currently there are no similar new construction projects in South Beach to make an apples-to-apples comparison.

It's not a problem to get 2 or 3 estimates when you're inexperienced to understand what you're getting into and that prices are pretty similar (most everyone should be within 10% of each other or else something is not apples-apples).

You buy an Apple phone or do a Google search in Kentucky and it pads pockets in the Bay Area.I am not a Bay Area resident or fan boy, just looking at this logically and as someone who has done business in the tech field for 20 years.

Also lenders on revenue will not have as great of rates as those lending on market value of single family.Lastly you can make numbers do what ever you want especially when you start off with omitting expenses.... comparing rent by the room and a standard single family is apples to oranges.

Otherwise, you make a TON of assumptions on operating expenses that are almost never apples to apples.