As a teenager, I managed properties that I owned a percentage of.

The market was increasing and we were able to find an off-market deal from some friends who held the property for over a year had no interest in fixing it up.

Most investors believe there’s one market value for a property, and it’s usually closely related to appraised value.

I am new to Real Estate Investment, venturing into commercial real estate space (multi-family rental properties) and willing to expand my network to build a team across the different states for potential opportunities. 

I strongly despise when costs of mentorship start to impact the mentee's already limited ability to put a down payment on a property.

As far as closing costs go, see below:-Title fees-Title insurance-Hazard Insurance-Lender's closing fee, underwriting fee, or any other flat fee they charge-Origination fee-Attorney fee (if the property is in an attorney state)-Doc fee for closing docs-Prepaid interest through the end of the month you are closing-Recording and transfer fees on titleThat will cover most of your normal closing fees. 

Albeit, when we building materials started to increase significantly, that complicated things and we had to just keep going.You will lose MORE if you sell a half-built property, than if you take it to completion. 

We had a couple properties that the appraisal come back lower than we thought so that killed the refinance.

I was disappointed to see that the data was not updated (specifically for SFH MLS listed properties).

A little about me:I hold a Certified General Appraiser license and have been working in corporate and commercial real estate for over 25 years.My recent focus has been on property investments and appraisal work, including commercial and residential properties, lease-to-own agreements, and broker price opinions (BPOs).I’m always looking for opportunities to expand my portfolio and knowledge in real estate, and I love analyzing market trends and valuations.I’m here to connect with other investors, share insights, and learn from the wealth of knowledge this community offers.