I'll cut to the chase:3b/2ba each unit (built as a duplex so mirror images of each other)Listed for 80kPurchase price- 70k (seller paid closing costs) with 20%down ($14k)Rent- 650/unitPITI- approx $500/monthNeighborho...

I recently received an offer to purchase a duplex I own.  The appraisal came back at roughly 65K less than asking.  When I look at the appraisal, I see that he struggled to find comparable properties in the area and e...

Hi, this is a question to anyone who has flipped property. Do you factor in the neighborhood's liquidity or turn over rate before buying a property to flip? If yes, what is your primary source for this information? To...

Hello everyone! I just recently got my real estate license and I going to begin helping my sister purchase a property in the Cleveland area. We are going to go half and half on equity. She is looking for a place near ...

I'm new to the RE business but one thing I've found is I'm having difficulty finding reliable comps.

Where do you run your comps? Are Zillow and Trulia worth bothering with?
What criteria do you use? Distance, when...

Hi All,

I've come across a potential deal in Daytona Beach for a value add apartment that looks pretty good after doing the first underwriting pass. My problem is that I'm located about an hour and a half north in...

Hello,

I have just began to start searching for my first investment property in the NW Twin Cities metro. While I've done a lot of research and feel comfortable accounting for expenses while vetting properties, I hav...

I met with my mortgage broker earlier this week to do a refi on my primary, and lo and behold, he had a house to sell me. It was not quite my ideal house, only 2 bedrooms, no garage, no basement, but he offered me lan...

Hi currently I'm working on starting my real estate journey and and I am extremely interested in doing BRRRR deals. I have a large background in rehabbing both as a contractor and now an engineering working with contr...