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Real Estate Appraisal License
Does anybody have tips on how to pursue a career in Real Estate Appraisal. Where can I receive my training?What are the steps necessary? Are there any scholarships or deals for military members?
Ben Cranny
Start with a SFH or a 9 BR 6BA Multi-family home?
I am looking to buy my first rental property this year and was wondering if it is smarter for me to play it safer with a SFH, or go after a 9 BR 6 BA multi-family home that I found in my area which I think is a decent...
Account Closed
VA Home Buyer - HOT HOUSING MARKET Rochester, NY
Since last year, I was pre-qualified but lost out on offers for two homes, each with over 20 offers. In one instance, I offered $125,000 over the asking price and still lost. Rochester, NY, has become one of the hotte...
Tim Richardson
How do you get After Repair Value for a 4-plex that needs rehab?
I'm looking at purchasing a 4 plex that needs extensive rehab in Salem, Oregon. Seller is willing to short-term finance while I use my cash to fix up. But how do I determine ARV on a 4plex so I can ensure I can get my...
Kimberly H.
What would you do? Not enough reno money!!
Hello guys!!I'm bidding on a homepath first look and it will be my primary home. If I win the contract, I will not have enough reno money for all the bells and whistles. If you had an opportunity to acquire your dre...
Saranya Sundararajan
Feedback on my cashflow model for the Smokies ?
Smokies Cash Flow ModelWe are looking to buy a 3bedroom in the Smokies and this is the model we came up with. Occupancy rates + Average Daily Rate - taken from Airdna 2019 data + assessing the airbnb/vrbo listings rat...
Kim Hopkins
Best KPIs to Identify Financially Underperforming Properties in Portfolio
Hello! So I finally finished our property wide portfolio analysis. Here's an example of the 2022 KPIs I'm measuring for a few of the properties in the portfolio. A couple important notes on calculations and definition...
William Coet
Do Lenders Prefer a Borrower Has Real Estate Portfolio When Lending On Real Estate?
If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders? In other words, does owning an unencumbered cash-flowing RE...
Josiah Cooper
Tax Assessment vs. Appraisal
Hello BP Community,We purchased a foreclosure and the appraisal came back with the Tax Assessment at $129,500 and the appraisal price at $85,000. On the appraisal it looks like they used other foreclosures in the area...
Agustin Conti
Finding accurate potential rental information
HI everyone, I am not sure if this is the right forum to my question but I am having trouble finding accurate data for possible rentals (how much a property can be rented for). I am looking for a house in western NC, ...