Hunter Estess
How to analyze a single family portfolio?
What is the best route to analyze a single family portfolio? Income approach using a Cap rate? Sales Comparison approach?Situation:A broker sent me a deal of 88 single family properties(~100,000 SF)all on the same s...
Jocquinn Inmon
I've figured out my real estate approach
I often hear people say "Find out exactly what it is you want to do and work on that". Try not to take on too much at one time. Being that there are many many ways to invest in RE, pick one strategy and compound on th...
Pedro Oliva
Pre-qualification letter when making offer?
Ive read that offers or more likely to be accepted if you show proof of funds such as a bank statement if paying cash or pre-qualification letter if financing is in place. My question is, that if one is wholesaling th...
Juhi Banerjee
How to evaluate comps for 2-4 unit rental properties
I would like to know how do we appraise a duplex, triplex or quadplex? Usually for SFH we would find the similar homes in immediate neighborhood say 5 miles and adjust according to bedroom count, age of property, repa...
Noam Adler
Can I do this? Note/refi advice.
HiI have a four plex in Ohio its net profit is around 17k a year. I'm currently trying to refi/cash out . The problem I'm having is since it's a four plex it gets appraised as a residential property. Therefore the ap...
Chris R.
Long term tenant paying under market rent. What to do?
I just purchased a tri-plex and I'm closing 9/20. The building will be owner occupied though it is currently fully rented with 3 month to month tenants. Unit 3 is occupied by a 12 year long term tenant (high quality, ...
Jason Khoury
Purchasing Vacant Home from Non-Profit
Hi everyone,
A couple of weeks ago, I noticed a seemingly vacant and distressed property near my current residence. After conducting some title research, I discovered that the property is owned by the local nursing h...
Simond Wong
Pls, Advice to transfer mom's property to me (Pennsylvania), TY
Happy FriYaY BP Fam, Thank you for your time
Scenario:
My mom has a Philly rental property that and would like to transfer house/deed from my mom to me and my sister. We ultimately want to then put the house under...
Jeff Croft
US Leads List
Just purchased the US Leads List for this quarter. I have heard you need a softer approach on the yellow letter for this list but I have been unable to find one for inheritance/probate. Anybody mailing this list? Yell...
Account Closed
Are home prices dipping again?
I ask this because I have a home I am going to sell later this summer in the Central Valley California. I have been watching the prices in the area this house is located and nearly half the homes are reduced in pri...