I have a question about my current tenant. They are inherited tenants from the previous owner. There is quite a bit of damage on the unit before I bought the property. We plan not to renew their lease because we would...
How does do it typically take to get your appraisal back and how did you respond to it if it was unfavorable(more than 10% off a private appraiser)?Context, I got a private appraisal(favorable) and it was back within ...
Good early morning everyone, I have been thinking becoming a certified residential appraiser and was wondering if there were any cons of being a real estate investor and a appraiser. I have searched the threads on BP...
Hello! I am evaluating a Duplex in a semi-rural area in northern Michigan (about 30mins SW of Traverse City). I am struggling to find comps for both the purchase price, potential ARV, and potential rents to determine ...
There were a crack on garage wall, so I hired a Structural Engineer. Attached a survey and part of their statement regarding it. I can't determine if the issue is serious or not. Would appreciate your opinion. Tha...
Hello Everyone!My wife and I are Investors here in the Kansas City area. We currently have a duplex, and our primary residence. We have had that duplex for over 3 years now, and I would like to change my primary focus...
Hello all! My father and I have recently decided to go into the flipping business. He is a 30+ year property insurance claims adjuster and I am a soon-to-be marketing graduate and real estate junkie.I have convinced h...
Hey everyone. My partner and I have a deal with a seller and we have an end buyer who is very eager to buy. He is ready to close ASAP. The seller with the option to purchase contract signed the contract, but will n...
Here are the details:
4plex
Currently no tenants
Foreclosed
Asking $99,800
Offering $100,121.00
Potential Rent $400/unit
Closing Costs incl Downpayment $30,450.98
Loan Amount $75,090.75
APR 5....
I am new to RE and I am looking to househack a duplex in the Dallas area. I need help evaluating the rehab costs for duplex listed on realtor.com. I have not seen the property in person, but just looking for an estima...