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Hi,On a 8-plex we are offering on, the seller utilized a 5% cap rate with existing NOI(30k) to arrive at 600k purchase price. If the average cap rate in the area is between 7-8% on similar properties, adjusting this c...
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of course each case is different, but is there a data sheet or something that shows what differences between comps is worth. for example a list of how much to adjust for each bathroom, bedroom, mountain view, lake vi...
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This graph shows the real estate price adjusted by gold, from 1889 to 2021. As we are seeing a record increase in housing prices this year, the gold adjusted housing price actually is very low, at a historically low l...
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Does anyone know how to perform a tax lot adjustment in Los Angeles County? I'm also trying to get another tax lot added to the current lot that I own. Is that even possible?
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Hi Guys,
Polar Vortex just rolled through [9 degrees with RealFeel -5 degrees] and may have resulted in a clogged drain line (possibly frozen?). The leak went through the 2nd floor tenant's floor, dripped do...
Working on a 1200 SF 3 bed 1 bath rehab for buy and hold. There are a lot of similar sized 3 bed with 2 bath comps in the area selling for around $270K, but not any 3/1s - most flippers are finishing basement and addi...
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I am moving states and just have one rental property right now. I'd like to sell the property so I can invest in where I'm moving to and not deal with long-distance maintenance. My current renters have expressed inter...
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We are closing on a unit tomorrow and the seller is out of state. They have moved out the furniture but are unable to move out remaining personal items (kitchen, bathroom, random small pieces). They are willing to do ...
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I'm reading bp's book on flipping houses and I've gotten to a chapter that talks about comp adjustment but I'm unclear as to how they came to their adjustments. Can someone please help?