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Hello, I was trying to buy a property and everything’s fine until I got the appraisal report. The appraised value is lower than what the lender expected, so the lender lower the loan amount from 80% (which is on the p...
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All other things being equal, is it better to have a higher cap rate than a lower one? Is a 10% cap better than a 5%? And why?
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I'm currently on my first rental that i purchased last year. The purchase price was $170,000. I just received a letter from the city stating that the property has appraised for $177,00. For tax purposes, I'd like to c...
Hi Everyone,I've recently purchased my first multi-family property, a 4-Unit building. The building has two units on the right (1 up, 1 down) and two units on the left (1 up, 1 down).I've received a number of noise c...
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We have 6 years left on the mortgage of or current home and have been thinking about refinancing since interest rates are currently 1/2 of our mortgage. The plan was to refi with a 7 year ARM and pull out a good amoun...
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If I make an offer which is contingent upon satisfactory appraisal and inspection, what happens if the appraisal value is lower than what I offered.?Say I offer $100 and the appraisal says the property is worth $80, c...
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When I first started looking into real estate investing a few years ago, I read multiple sources that said a conservative number for repairs, cap ex, vacancy are each 10% of rent. I've been seeing some people using nu...
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Hi, if I have an existing contract with a voucher tenant and want to request a rent increase, what should I keep in mind that would cause the reasonableness rent to be lower? The tenants have not taken great care of t...
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Hi,We recently purchased a SFH out of state and are using a local property management company to help with the listing. The local companies keep asking us to lower our rents and my question is how do you know a good m...
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When I first started to look into Indianapolis I started to filter my potential deals by only looking at properties that were under $100k and meet the 1% rule, but I'm still not finding anything without offering WAY ...