Once you have the adjusted values of all your comps, you can either average them or weight them based on their similarity and then average them with assigned weights (appraisers generally just average the best three to six comps).

Watch out for rent concessions or waiving the security deposit to make occupancy look high.Have you seen the schedule E tax returns yet??

Its 2AM and I am up watching Flip this House on A&E and since I never watch the show I began to wonder.

It's all that I do.I am also an investor myself so I look at it differently than just closing deals.The big brokerages for the most part are all about volume.They work in teams and are only focused on pushing their inventory and not selling you on the best property for you and your goals.Many transactions happen with a commercial buyers broker.I help clients nationwide.Simply if you want e-mail me and then we can do a call to discuss what you are trying to do,money available,finance structure,cap rate and area wanted going in,and your exit strategies.I can at least help you get focused in the right direction.I work with many clients here on BP

No 60, 90 or 120 day lead times here, he's always been able to get it done in under 30.That relationship is worth its weight in gold - I can call him anytime for a rate quote, loan question, pre-approval letter etc.

County records are spotty at best, I look through about 300 properties a week for 3-4 counties worth of auctions, the best way is a an O&E search with a title company (free), followed by a title search (free for us, since we close about 10 REOs a month through them).

“How to win friends and influence people”, “four hour work week”, “the e-myth”, etc.

The pool had about 7,000 loans totaling $1.24 billion in aggregate UPB, divided amongst three pools: Pool #1: 1,963 loans with an aggregate UPB of $418,837,669; average loan size $213,366; weighted average note rate 5.21%; average delinquency 52 months; weighted average BPO LTV of 108%Pool #1 winning bid was 72.36% of UPB at 64.74% BPOPool #2: 3,823 loans with an aggregate UPB of $588,367,863; average loan size $153,902; weighted average note rate 5.32%; average delinquency 34 months; weighted average BPO LTV of 70%Pool #2 winning bid was 87.76% of UPB at 52.81% BPOPool #3: 1,224 loans with an aggregate UPB of $235,320,739; average loan size $192,256; weighted average note rate 4.90%; average delinquency 36 months; weighted average BPO LTV of 135%Pool # 3 winning bid was 54.75% UPB at 68.80% BPOThe weighted average of the whole offering was $177,251 in UPB and 5.20% interest.

The heaviest weight between the two two approaches for a property on the market is the sales comparison approach to value, it reflects the current market value of comparable properties being sold. 

They also asked that real estate agents take a very active role in having their clients stay "on top" of the process and have clients call the lender or e-mail to acknowledge receipt of loan documents etc.