Sean Dezoysa
Adjusting comparables based on relative value to the target property
Hi everyone;
I wanted to ask if you adjust comparable property valuations based on "feel" or a more rigorous method aka:
Comparable 1 is on a main road. Main road properties average $4 less per square foot in this ...
Eugene Davis
Adjusting for vacancy with rental homes in a flood zone.
Hello, I’m brand new to real estate investing, and I’m hoping to buy my first single-family unit to rent out soon. There are many homes for sale in my local market because of Harvey and Imelda. Many have already been ...
Cindy Tang
Can Depreciation be adjusted if it's limited in prior taxes?
I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...
Narayanan Bakthisaran
Working with county to adjust Bedroom and Square Footage info
All,I am encountering a couple of situations where the bedroom count and the Square footage at the county records appear to be lower than what the houses truly have. 1) Typically what is the process to get this inform...
Mike Wiesner
Looking for a recommendation for an insurance adjuster in CT
Looking for help with frozen pipe insurance claim for a property in Bridgeport, CT. Recommendations appreciated. Thanks!
Account Closed
Brick Bungalow vs Frame: How to adjust ARV without comps
Hi,I got a call from one of my leads and I've been trying to estimate the ARV value for the area. There are a lot of cash purchases around the area because is a very distressed neighborhood. I was able to pull some co...
Winston A.
Building Basis - "Adjustments for Items unpaid by seller" on HUD
I am trying to calculate my building basis for tax purposes.
Can I add the items under the heading "Adjustments for items unpaid by seller" on my HUD statement? Specifically, "County taxes" on line numbers 211? Thi...
Bryant Xavier
How should we adjust our short term rentals in 2021?
Hey BP community! How are you adjusting your short term rentals for 2021? It’s safe to say that traveling patterns are a little different this year. I’ve noticed a good amount of my guests are traveling medical profes...
Joe S.
Do you plan on adjusting your investing model in 2022
What do you plan to do different in 2022? I’m thinking and contemplating on this past year’s events and wondering what can I do different. Do I need to do anything different or should I simply repeat what I have done ...
Chris Mason
PSA: Have you adjusted your strategy? re: FNMA reserve changes
A few months back, Fannie Mae announced that they would be changing how their Reserve requirements are calculated in the near future. I just had my first few come out of underwriting held to the new standard (I'd been...