How do banks and/or investors value a portfolio of duplexes in different locations w/in a city? Since individually they wouldn't be valued based on cap rates, but as a portfolio (i'm assuming they would be)?  I have ...

Hey everyone,I currently have a salary job but am considering transitioning into sales. I was wondering how this would effect approaching banks for traditional financing? With a salary job you can provide a set income...

Hey Underwriting Gurus investing in Texas!Given that Texas property taxes are valorium based (i.e. value based) and that the appraisal of property generally increases each year, how do you project property tax increas...

I have a couple of questions regarding property taxes and value assessment in Cuyahoga County, OH. 1) Is a 5+ multi-family apartment building considered 'Commercial' or 'Residential' in the eyes of the county assessor...

I am new to evaluating properties for wholesale. The first property I started working is a multi-unit property located in a very hot area in Atlanta. When I started doing my initial analysis it seems that the value ba...

I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was wa...

Hi all - found an off-market deal and wanted your help in determining an appropriate offer.  The property is a 4plex and comps are hard to come by in this area, so would like to understand the typical Cap Rate in the ...

 If a realtor lists a house for 200K, is this amount based on the ARV, or after the mortgage is paid off?If the realtor sells the house for 180K, and the owner still owed 70K, then there would still be 110K remaining....

Brief background - My family will need to 1031 a property in the near future and will need the income to live off of. I'm already managing 2 of their rental properties and will not have the capacity to do a third. As ...

Dumb question but what does Comps mean?