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23 February 2017 | 9 replies
Unit of comparison could be per door (unit), per Sf, or total property, etc.Not sure if the balance of value between MF and the commercial building but if I couldn't find similar sales I would probably use a combination of both MF and commercial comps- assuming a retail or office space.Income Approach- appraiser will reconstruct the operating statement from market data and then will develop and opinion of the NOI and overall cap rate.
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11 March 2017 | 8 replies
In the rare instances when your tenants do cost you an unexpected arm-and-a-leg for a plumbing or sewer bill, you'll find that they generally don't have the money to reimburse you for the expense and it ends up costing you a turnover...You can absolutely amend your leases to require the tenants pay a percentage (in this case 1/4) of the utilities.
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6 March 2017 | 33 replies
But combine it with knowledge and understanding of the Stock Market, and your steering can help you to avoid even the largest obstacles.Owning Brooklyn Real Estate was itself a good thing during the Great Recession because it only slightly dip.
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23 February 2017 | 4 replies
You may want to do a combination of both.
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28 February 2017 | 36 replies
I've heard writing multiple offers sight unseen, providing lots of comps and doing lots of ground work to get a deal but I'm wondering if there's anything else other investors are really hungry for that they don't find or that are rare and I like to know what my peers around the country are doing for investors.
28 February 2017 | 10 replies
@Kyle Allen I never (rarely) get an inspection when I buy.
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17 July 2022 | 21 replies
The ideal cash flow on them may not be as good as some of the lower-end properties, but those low-end places rarely turn out to be idea.
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24 February 2017 | 3 replies
That would be a rare exception.
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1 March 2017 | 6 replies
When we've had the rare one for sale which doesn't have an HOA, people are very interested.