Reaching out to seasoned investors in BiggerPockets. 

Hi all,A Triplex that I'm in contract on just came back with an appraisal that is $12k under what the accepted offer is. This has never happened to me. What is protocol typically? Should I ask for all of that off the ...

I think that the supply of MF is so low in this area, that they think they can sell at a premium.

How do you find low cost and reliable workers?

Low rate is important to us but not having headaches is more important.  

Bigger Pockets is the best way to go when it comes to getting deals down correctly and reaching out to seasoned investors.

You close on the property yourself..by now you should have a feel for the game, know how to get sweet deals for the low low and more importantly know how to calculate repairs...yup..close on it yourself...no end buyer no assignments..that 40k profit is all yours..... hire a contracting company or if your a hands-on guy...

If these numbers are in the ballpark, you have sufficient cash to buy 4 more similar properties, and increase your annual net income to ~$80K (that offers a lot more breathing room).Since you purchased your properties 2-3 years ago, I'm assuming you have very LOW rates on your notes; and therefore, I would not be in a rush to pay down these loans.

Rent in my area is usually around a $1/ per sq/ft.The idea of very low maintenance and a home warranty is appealing to me.

Long term, this means we're going to see fewer pockets of high prices and low prices.