I'm just getting started out in Chicago and am wondering why there is such a disconnect between the county assessor's value and the market value of properties.For example, I've looked at several MFHs on the market in ...
Hello BP!I am currently building out my funnel of leads for multifamily properties in my market. I understand the basics of underwriting, but I am curious how you screen deals and narrow down leads to a subset of prop...
Hi guys, I came across the opportunity to private lend, but this is a new area for me where I don't understand the process and risks.I am fine with the loan amount, term, and interest rate. The borrower is offering on...
Hello I was just wondering how many different ways to determine the ARV on a property. Some say 60% others say 65% and I even heard 50%. Which is the correct percentage to use?Thanks!Shurrone Jordan
I paid a project manager to manage a new construction. When I asked him to issue 1099 MISC to all the subcontractors, he said since I paid them directly ( I issued checks), it will be my responsibility to issue them 1...
Here is my situation. I purchased an investment lot in 1998 for $145,000. I sold it in 2007 for $450,000 and did a 1031 exchange with the proceeds and bought another lot for $475,000 The market naturally has dropped...
I have a lien on some vacant land in Woodbridge, NJ that I am considering foreclosing on. I am looking for a realtor that can look at the property and tell me what the value is of the land in that area. I will then...
Hello BR Community!I love that you call this a community. It is one, but it also makes getting involved more inviting and friendly. My name is Whiney Redfield. I'm a landscape designer for a landscape architecture and...
I am trying to cut as many out of pocket costs as I can, I would like to know if an inspection is absolutely necessary if I'm only assigning my contract to another investor? And how can I determine the rehab costs? Do...
Hi, I have just sign up in this forum. I have not much experience in real estate dealings but I have strongly determine that I wan to be a real estate agent. Will anyone help me from where I should start ?