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8 January 2016 | 8 replies
For commercial, look @ Marcus and Millichap and CBRE.Core Logic is based in Westlake, and provides a tremendous amount of RE data.
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8 January 2016 | 18 replies
I would love to see your data, is there any way you can pass it along?
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7 January 2016 | 5 replies
My plan is to ask for reduction of 20,000$ and come out of pocket the other $10,000 to make the deal go through.Original Asking 89,900Sales Price $117,500 (price was driven up by multiple offers on the home)Appraised As Is Value $80,000ARV $125,000~$25,000 for rehabMy plan is to have an addendum with a reduction request of $90,000 with $2,000 closing assistance as opposed to $3,525.Does any have any private money lenders that they can refer me to preferably in Connecticut?
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18 January 2016 | 15 replies
(This is MLS data for median priced 3-4 bd brick houses over the last 10 years.)On the other hand, guys like @Richard Dunlop have the following chart as their basis of experience.
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8 January 2016 | 4 replies
I've been told by many prospective tenants that they felt the high rental rates in New Haven were being driven by the abundance of people in the area with housing vouchers as the housing authority pays top dollar (over market in most cases).I'm not sure that is accurate or not but there are many (C/D level) rental properties available for rent in New Haven and a few of the surrounding towns.
8 January 2016 | 3 replies
Moreover, I need to show the holding lawyers that I am serious, responsible and driven so that they may consider giving me a loan.
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8 January 2016 | 4 replies
Your buyer's agent should be trained to understand certain concepts that you as an invest are motivated by:Understand what a "CAP" rate is and how to determine the CAP rate on investment properties.How to complete an APOD (Annual Property Operating Data form)How to get to the NOI and to apply the CAP Rate formulaHow to make offers on commercial and residential properties based on the return expectedKnowledge of negotiating with sellers, making trial offers and setting up settlement Skilled in comparable sales analysisCharles
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11 January 2016 | 8 replies
A lot of it is driven by appraisers reading reports like this and undervaluing properties when you try to exit.
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12 January 2016 | 63 replies
@Vincent Crane you may want to look at small multi family those usually hit your numbers easier and your competition is all numbers driven...
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8 January 2016 | 2 replies
Noticed that it looked empty, so I began looking at the data online (and driving by the property to look for signs of life).