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I am in the process of closing on a property in NJ.Literally in the mid's of things, title in works, loan approved, appraisal completed, just got it back today (expensive: by the bank).This is a non primary, investme...
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Would appreciate help on this one. I recently acquired a property where a dirty tenant of 2.5 years had to be removed prior to close as part of the contract. Ultimately, the tenant ended up moving after the close. T...
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B.C. Finance Minister Mike de Jong announced new rules Tuesday aimed at ending the controversial practice of 'shadow flipping' by eliminating a means for anyone but the seller of a house to profit from real estate con...
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When moving a tenant in, it is easy to skimp with the move-in inspection check list (or "Property Condition Report", as we call it) yet it is a critical document. I'm looking to improve my process for getting this...
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Good morning, I’m looking for advice from a seasoned appraiser. I’m closing on my first investment property in the next couple weeks. What actually adds value to a home?
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I am wanting to learn more about appreciation in Ohio.In your city, what is the lowest priced 3 bedroom SFH you've seen sell recently (move-in condition)? How much would that house have sold for at the bottom of the ...
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My business partner and I made an offer on an out-of-state (OOS) single family property in October 2024. The lender required that the property be tenant occupied/cash flowing. We (the buyers) notified our agent that t...
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In mid 40s, first time LTR buyer. $145k property, 20% down, $1900 rent, Monthly cost $1492 Doesn't meet 2% rule at 1.13%. With 1 month rent going to RE agent, and 1 month for vacancy and 1 month set aside for repairs....
I recently made an offer on a HUD house that was accepted with one condition. I accepted that condition. The paperwork was slow in coming and the realtor learned that an additional was added. That condition was that t...
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I see some REIs sending multiple offers per day but how do you do so without getting in legal trouble? I talked to my agent and they say that it’s recommended that 1 offer is sent per 24 hours because if 2 offers are ...