I'm in the SF market and it's been crazy for the past 4~5 months. A sunset district house that is on 42nd street can be sold for over 1.5M (about 1500 sqft, 3br, 2ba). Just curious, for this market, is the 70% rule st...

Hey folks, I'm eager to learn from everyone! Here's the scenario... I'm looking at a property at an online auction. The county clerk mentioned I could schedule a time to look at it to do an appraisal. At this point I'...

Pre-Foreclosure Unopened Succession.....Being new to REI, I'm not sure what to do with the following scenario, but I think I smell a deal! Advice, guidance and even "hand-holding" are welcomed!Yesterday I located a...

I've been watching this pre-foreclosure/auction property since March. The auction date keeps getting pushed back. The owner of the house just messaged me back on Facebook; I'm supposed to discuss the property with her...

I have a lead on a pocket listing. I’ve been talking with the agent for a couple months now. The seller is very eccentric to put it mildly. He has a portfolio of properties that he has abandoned. One is a six unit com...

I live in a subdivision that was built in the 70's.  Four years ago I purchased a house that was in rough shape.  I ended up doing a total renovation, it turned out great and I have a lot of equity.  During that time ...

Hey guys been reading here for awhile and I have definitely learned a lot. First time posting so I'll introduce myself. My name is Justin. I'm 28 and I live in south Louisiana. I have a fulltime job making 6 figures b...

I recently purchased a 6 unit apartment building and have completely gutted and remodeled the entire building with all the proper permits and inspections. Upon final inspection from the city, they stated that, per the...

I have been in this business almost 3 months now,and I think this is deal I've been working has a lot of potential, The owner does not need to sell but he decided he wants to partner up to rehab the house, and I was g...

As a multifamily appraiser, I am trying to think outside the box and come up with a service for multifamily owners (most likely targeting properties with 20 units or more).A current idea I have is to provide a "value ...