What are some of the techniques you guys use to determine the value and/or monthly rent of a property ?
For example: I use the "Five Step Property Evaluation" technique from the book "The ABC's of Real Estate Investi...
Question for developers, how do you evaluate a land property where the surrounding comps for already developed properties is around 500k - 800k. The land is 1 acre lot of flat land. Thank you for your time
Most investors say to find the value of a property of interest, that you should research the prices of houses surrounding it and in the same area. How do you find the value of these houses on the same street? Is thi...
Hello,
I am hoping that some of you folks can enlighten me in this situation. I am putting a house in the market. The property is a single-family with the permit to be converted into a two-family. I am wondering what...
Hi there,
Can somebody help me to evaluate the following deal: https://www.zillow.com/homedetails/124-N-Grant-Pl-Orange-CA-... Iam only qualified for $750k while the purchase price is $1.25 mln. I am only approved fo...
Looking for some more experienced advice/perspective on a quadplex I want to make an offer on. I’m new to this and looking to make this my first deal. This property is on the MLS currently listed at $540k. It fell out...
Greetings,I've been evaluating a package of properties that together, total over 100 units.I keep reading that on the calculator to use 5% for repairs, 5% for capex, 10% for management and so on.When looking at over 1...
it would be my 7th property (all rentals).
asking - 70k (i offered 64, he said "full price only")
sq. ft - 974
remodel - around $10k (the way i spend, might be up to 15k, who knows)
taxes - $2500
insurance - $950
pu...
I came across a web page of John T. Reed (a real estate expert) and was impressed with what he had written. He rate every guru that I have ever heard of and dozens more. He a tough critic!
Enjoy
Hello,
I'm going to be jumping into a buy and hold multifamily home in very early 2015 and was just evaluating some properties. I've been using the 50% rule for most of these (which I could be doing wrong)...