Jason Thomas
Duplex vs Quadplex Purcahse
Looking for advice/feedback on purchasing either a duplex or quadplex where both have almost identically the same cash on cash return percentage and income to expense ratio. Anything else to look at that I might need ...
Chris Mason
PMI price war. PMI companies have apparently stopped colluding.
For whatever reason, a lot of the big PMI outfits have dropped their PMI rates in the last couple months. Speculation abounds inside the mortgage industry about what prompted it. Your monthly PMI cost should drop from...
Daniel Carr
Appraiser Issue - House value
I am an agent. My friend is selling her house to her tenant. Seller lives out of state. Does not want to make repairs or have to clean the house. Wants this sale done quickly. There is a decent amount of equity and...
Ryan Zaninovich
How to handle this appraisal?
Hello everyone,We are doing a refi on 4 identical triplexes. The company hired two appraisers to do the valuations, two triplexes for each appraiser. The triplexes are located in a small, sort of, isolated community s...
Alexander Romanov
Selecting a market to work in (factors and data sources)
Hello Investors,I am looking to expand my marketing and flipping outside of my uber competitive market (Seattle). So, how do you select a market to work in? What kind of factors do you look at and which data sources d...
Pascual Torres
Duplexe deal analysis advice
Property details: Duplex on corner lot with nice views. Each unit is 2 bed,1 bath. They are both identical layouts . It is on a block with with about 7 other identical buildings. This one is one of the crappiest shap...
Benjamin Eccles
The 50% Rule
I need some experienced investors to way in on this. How accurate is the 50% rule? I do not own any properties and I never have so I truly have no idea how much it costs to be a homeowner (including all of the expense...
Edith Alvarado de Cortez
FINDING GOOD COMPS TO GET THE ARV OF A PROPERTY
Hi BP community,
I hope you all are safe and sound.
I would like to know if a property that is within 0.5 miles from the subject property, exact same beds/baths, sq footage, same zip code and sold within the last 6...
Alvonta Flemings
Wholesaling properties Missouri
How should I go about getting the price/sqf in my Market? I’m in Missouri.
Jason Malabute
CALCULATING ARV BASED ON COMPS
Hi All,When you are calculating the ARV of a property do you use sqft of the property or the entire lot?Additionally, how true is the following information that my agent gave me about calculating the ARV?"Ages does no...