We are talking about 4 or 5% of the money brought in as the commission. he would also do all continual client relations.

I brought in new tenants to my townhome in the Chicago burbs three month ago, before moving to Atlanta.

A great approach to getting lower rates is to call a few agents on the other side of your state.

I used to run the business personally but as I became more involved in real estate I brought in a partner who runs the entire operation now.

Appraisal on all commercial properties begins with the three approaches to value; sales comparables, income value and cost.

Your exit strategy can change how you approach it.For me, I'm seeking passive long term income.

I have actually tried the partner approach and really no results.

Have you given thoughts to what approach you would like to take to get you RE adventure started?

Hi,How does one approach the Bank (BofA) to purchase a property that is already under but no NOD has been filed.

Assessed value has nothing to do with market value or what you should pay.You are buying this property based off the income approach as an investment but generally single family properties use the comparable sales approach for valuation,lending,and appraisal purposes.Local recent sold comps would be a better gauge for current market value than looking at any assessment value.Now you do want to look at assessed value for property taxes.Fighting the property taxes and getting them reduced will improve your yearly bottom line.Make sure the cash flow of the property they are reporting does not include exemptions that do not apply to you or they have been putting off capital costs and maintenance to show and INFLATED NOI.