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What is the recourse if the appraisal contains data not listed anywhere and the appraiser did not measure the property?
The source of data is listed but that source has the higher square footage than listed.
The co...
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What do flippers use to track the repairs needed based on walk throughs? We could bring a standardized form printed on paper, but using an app on our phone would be more efficient. Anyone have ideas?
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The list heated area is >2000 sqft but the county web shows this property heated area is1890 sqft. The seller added the architecture's map as evidence on property disclosure that the remodel work added new sqft. Th...
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All,This is really a nasty piece of news.As of 4/1/2022 appraisers have new guidelines by Fannie Mae.They will apply new measuring standards which in many cases will lower property square footage and as the result its...
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Goooood mornin’ BP!This week I finally started ”The Gap and the Gain” by Dan Sullivan! Man this book is really hitting hard! Without spoiling too much, It introduces the concept of reframing your thinking from measuri...
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Do I take a contractor when I am gonna get measurements for the property, before I start my bidding?
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Hello BP!
At the end of January, I closed on my first rental property for $5,000 total purchase price. The seller's husband had died recently and already moved into another house, so the property was a major ...
Hello!I'd like to ask the following general investment questions regarding real estate investment. This is while I am trying to analyze my potential first real-estate deal.Please correct me if I am wrong, but it seems...
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Can someone please tell me in laymans terms what the cap rate is? I've read definitions over and over, but I still don't get it. Sorry feel like the dunce cap is on.
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HERE ARE THE KEY POINTS
According to CNBC, the consumer price index was up 3% in June from 12 months earlier, the U.S. Bureau of Labor Statistics said Wednesday in its monthly inflation report.It’s the smallest incre...