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11 November 2021 | 3 replies
., and even let them know which comps you used to determine your ARV and why they are comparable.
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17 November 2021 | 17 replies
It's faster and you can compare two (ie) roof colors on the fly.Have a rough budget to discuss with the Architect.
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28 November 2021 | 9 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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13 November 2021 | 7 replies
I also would recommend writing down a list of whats wrong with the home and estimate for repairs.Are you using the right comparables?
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12 November 2021 | 7 replies
There are ways to hide deficiencies in an inspection, but a walkthrough video can let you see things that just look "off".As someone who works for a turnkey company and only buys turnkey, I always get the scope of work and compare it to the inspector's report to make sure things were done.
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12 November 2021 | 6 replies
In addition, I have compared similar comps to estimate the ARV and I am also working very closing with my refinance lender.
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12 November 2021 | 7 replies
It all comes down to the cost to purchase + cost to renovate + closing costs : compared to the after repair value (ARV) and how that looks as an investment.
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15 November 2021 | 8 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
12 November 2021 | 1 reply
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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16 December 2021 | 5 replies
The number of new listings in the Philadelphia Metro was down 12.9% compared to last October, while sales activity saw a 5.9% monthly decline.Median Sales Price: $304,000 in October 2021, a 9.0% increase over October 2020Overall Sales: 7,834 homes sold in Metro area, down 12.8% from October 2020Median Days on Market: 11, +1 day from SeptemberBuyer demand for homes in the Philadelphia Metro market area was unchanged in October.