Eventually, after establishing a track record, start to take a piece of the deal(s) that come through.

I believe that I can take everything I have been building towards and the support of BP and achieve my dreams of establishing a healthy passive income in real estate by the age of 25, so I never have to work again - I can chose to work and enjoy my life and its offerings.  

This heritage-building approach is dedicated to establishing robust, enduring value and maturation of the same.

How do you establish home value based on area rents instead of using a CMA?

Keep them coming... can you elaborate a little more on the steps you took to establish the biz and get your first clients.  

In order for you to establish some income you try and earn the difference between the deal you and the seller/owner made vs what you will be offering to the investor.

In order for you to establish some income you try and earn the difference between the deal you and the seller/owner made vs what you will be offering to the investor.

You should ask if there are any easements on the lot meaning right of ways established for whatever reason but frequently those right of ways are created to give the adjoining lot access to a publish road or a utility company access for their service equipment.

E.G. a client has an established business and owns their building.

The Cap Rate is established off of prices (or value, which is where it gets hairy).Many people think appraisers use one method for residential and one for commercial, but we are actually required to consider all three methods in every appraisal:  sales comparison, cost approach, and income approach.You can see on the attached sheet, the main "grid" is devoted to the sales comparison approach.