I feel like I can accurately evaluate BRRRR or flip projects. How do you accurately value an apartment complex. I'm looking at a 34 unit in OKC with a cap rate of 8%. asking price is 1.8,000,000. Evenly split betw...
I'm having trouble figuring out how to determine an estimated ARV for a property based on sold comps. When I compare the comps to the subject property, I feel like I'm working backwards (i.e. bringing the comps down t...
I ran comps using a local MLS website in the area, and my question is: Is the ARV based on the highest price in the area, or average price ? I'm pretty sure it's average, but just wanted to make sure. All the newly ...
I have just started looking for single family houses to buy and rent in the central maine (waterville, winslow) area. My plan (abbreviated) is to find plain but nice homes in decent areas, (not "high end" areas, just ...
My wife and I recently listened to BiggerPockets Podcast Episode: Show 6, and Arthur Garcia mentioned that he determined an area's value by noticing that the cost to build was higher than the cost to buy. I hope I did...
Hello,I am brand new to this website and have started reading some of the bigger pockets books to educate myself. My girlfriend and I have decided that we want to buy our first home this summer, and we are looking to ...
What is the best way to determine if a deal is good on craigslist? are there specific things to look for before calling?
Hi everyone!First time buyer here looking to capitalize on a short sale. They say I can't go look at the house but that my offer is subject to inspection (so I can back out if I see something I don't like I guess?) ...
Looking at a potential rehab/ sell in the Jacksonville (32205 zip code). Nice street, lots of character. Looking at recent sales and listings, but on this particular block, there hasn't been any sales since the 90s....
I am in the process of investigating the prospect constructing 1 or 2 ADU's. I am not sure on the size I should build and thus the rent I could charge. Anything above 500sq ft costs considerably more in permitting and...