So be wise, make your money and just pay attention to what's going on.

I brought this to the bank's attention and was told that I was getting a 10 cap and that they didn't feel the need to budge on what they were asking.

If you know where one can get 10%, passively, risk free, you certainly have my attention!

However, an agent can provide multiple comps to bring to the appraisers' attention of their availability.It is no more than saying to the appraiser, " I know you may find other comps, but I want you to be aware that these comps are available".Often, appraisers and realtors ( when asked to complete an appraisal or bpo) are selected from other parts of the state and may not know the particulars that make up a neighborhood.Suggesting other comps for the appraiser to choose from does conflict with HVCC.

The writer is probably trying to give the reader a mind change.

So the property might have a lot of initial deferred maintenance bringing the CAP down.You can always get under contract and hammer them during due diligence if you find big items.Pay attention to the leases you will inherit and see how good or bad they are and how long you are locked in.

Also, be careful with parcel numbers, be attentive at bidding, do your homework prior to sale, follow the state guidelines.- At least if you are just starting out, start in your own state or nearby state.

With that being said what we must understand about war zones is that these people are all still people and they just need some attention, and once given they will be very loyal to you.I had many of them refer me family and friends for other properties and because of that home I have been able to really catapult and exponentially grow my business.

Sorry for the spelling errors...when I am in a hurry I don't pay as close attention to spelling...so 1000 pardons.You say the gurus are teaching what?

There are many authors out there who make it seem very easy and glamorous, but there are some harsh realities when it comes to REI, and these guys do their readers a favor by pointing it out.