What do you guys think of a duplex with comps that are closer that differ in less bed/bath to be higher value than comps that are more similar further away that has less value comps? For instance, the duplex next door...
forgive me if this has been asked beforeand is it determined for each thread?I've seen someone's score vary from nearly 10.0 to almost 4.0 in different threadsmahalo (thanks) for all you do for this awesome forumaloha...
Do realtors use a specific formula to determine the exact value of a home, and/or what it should rent for? I know they look at the houses that sold in the past, etc. but is there anything esle specific that they do?
Hey guys,
I did some digging on the topic and I'm sure it is somewhere in the archives, but I can't seem to find anything about "quiet costs" (taxes, insurance, cost of money etc) when determining max offer.
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Before I go to investors, private money lenders etc. Obviously I am going to create a business plan. Does the criteria you are targeting depend on properties in your market/area? What is the best way to go about a bus...
What makes an area a war zone? Detroit is recovering, but there is still has a ways to go before it catches up with other metropolitan areas. However, that doesn’t mean there aren’t good cash flowing properties here! ...
Hey there Bigger Pockets community! My name is Zach Mckinnis and I am from Hutchinson, Kansas. I have been in my real estate investing career for two and a half years at this point and have accumulated 5 properties co...
I am in contract to purchase a 4 family apartment. The contract is for $222,000.00. I estimated that the ARV would be $400k and I budgeted $75k for rehab. 3 of the units need a lot of work. My contractors are coming...
A house went for sale today in a really hot neighborhood. Asking price is $159,000 and the house immediately next door sold for $599,000 but a few other houses in the neighborhood sold for much less but still above $1...
Hello builders of BiggerPockets! This is a very vague and generalized question. Currently looking for a ballpark answer. Is there a rough way of determining the number of apartment units that can fit in a building whi...