None of us can accurately predict the bottom of the market.

Eventually, you probably will want to upgrade to Realquest for the most accurate sale data.

Originally posted by motiv8td: I wonder if they have the kind of video for dems and libs I'm fairly certain you could pick pretty much any group of people and make one of those that was pretty accurate

You need something more accurate like 3-6 months comps which you should get from a realtor of your choice.Second, I'm not sure if 70%-80% offer of the FMV would be sufficient.

You don't need a complex form because you can't accurately split out all those expenses.

The report is not exhaustive, not even accurate always, but it gives you an idea.

Pulling comps is the most accurate way to compare values, but I would also research every for sale house or rental in the area.

I would stick with Jon's estimate, I think it's more accurate and easier to understand.

I mainly deal with SFR but I've got an opportunity to go after a 52 unit motel located 8 miles from a fair sized city right off a very busy freeway.I'm curious if anybody might have some advice to offer regarding rules of thumb when it comes to operating expenses vs operating income, per unit cost etc...The advertised vacancy is 60%...which might not exactly be accurate...we are currently researching.The weekly rate is $150.

I’ve never even heard of them, and these numbers are not accurate in terms of cash flow.