Carl Fordyce
best way to evaluate 6 unit (2 triplex next to each other)?
i currently own a 4-plex I'm considering a 6 unit but I'm not sure how i should run my numbers on it because of how its set up. its technically 2 triplex buildings right next to each other but their on one deed. in...
Travis Zurawski
Direct Mail for Off Market Deals
So I have found that the deals on-market are getting slimmer and slimmer. I have been adventuring into off market deals and pursuing them with some direct mail tactics. I have used a letter format to convey what I do ...
Erick Berthaldan
Probate Response Rate
What kind of response rate is common for direct mail targeting probate cases? I'm thinking of a yellow letter campaign specifically targeting probate cases I find in the newspaper and at the county recorders office. D...
William Rose
Realtor w/ Wholesaler's Business Model (Thoughts?)
Hi all,My name is William Rose and I'm a licensed agent in the state of Maryland. I've had my license for around 6 months and I've done about 3 deals. At first I approached the business as any regular Realtor would. I...
Sarah Ali
Found potential first property - need help on how best to approach selelr
Hi everyone!Through the help of many on here, I have made a lot of progress since joining about a year ago. I've finally found a property that could be a good fit for my primary residence- if I can get a good price o...
Benjamin Fox
Potential investment questions
Potential property in Bethlehem. 2 unit in need of rehab. Asking price is 40k (I am sure could be bought at a discount). Estimate approximately 3-5k rehab. Carpet/paint & low end appliances. Somewhat of concer...
Trevor Kropp
Low Appraisal Need help
Hey everyone. I used a hard money lender to purchase a duplex and I am trying to refinance to pay back the hard money lender. I just got my appraisal back and it is way lower than expecting. The appraiser chose to not...
Aidin Flores
Multi Family Property Valuation
When valuing a small multi-family deal (2-4 units), how should you go about doing it? Should you make your offer to the seller based on NOI and cap rate, or should you make your offer based on local comps and conditio...
Gilbert Ross Jr
Commercial Property Valuation
Does anyone know of an online commercial website that gives a value for commercial property? I have a client looking to sell a property in Newark, NJ and would to know how much the building is worth. If you have any r...
Tim J
How to determine building value for depreciation
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...