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I'm kind of baffled at valuations in general. They seem so random. A building two blocks from my four plex in Crystal, has a newly painted exterior, decent looking apartments the same size, but with worse looking vi...
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Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
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I am not from Canada neither US but I am interested to learn more about their real estate market. I find their market interesting the moment I worked with some US Real Estate Investors and Canadian brokerage. When it ...
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When evaluating a a duplex, triplex, or quadraplex do you use the sales approach or the income approach?
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Hello all,I was contacted just recently by a seller whose home has the following challenges: In pre-foreclosureHas not paid the mortgage in 2 yearsRented the property and was not eligible for refinance as a homeownerH...
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Hey all! I just recently signed up with BP and have been looking into wholesaling in the Phoenix market. I don't have much capital to start with, but I've had some construction experience remodeling homes. There's a c...
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Hello fellow Bigger Pocket members. I am curious as to what my offer should be based on when it comes to small multi-family (2-4 units) properties. Should my offer be based more on comps in the area and previous sale...
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My client mother passed away she’s looking to sell her home. Her mother took out a loan for 110k ARV138k My first question is how do I negotiate and write up a agreement with the bank to lower price of what is owe on ...
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When trying to determine the value of a multi-family property does that value come from the income the property producers regardless of how big or small the multi-family property is? for example, is the value of a 2-4...
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I need some input from all you BP MHP Pros! I met with a seller yesterday who has an 81 unit all POH Park for sale based on a 7x multiplier of his annual rental income. Would anyone here buy an all POH MHP based sole...