Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
So was listening to an economist today that specializes in working with REITS and other top players in the industryhe got on MFHis point was as things shake out.. A and B rents will go down and C renters will leave ...
Lately, a bunch of people have been asking about what to look for when picking a property manager. Its a great question, and I’ll try to cover a few important points. I’m going to ask more questions then I’ll answer, ...
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...
Hello all-I'm saving for my first multifamily home and my Agent (who invests himself) advised me to house hack for at least my first property. I expressed some uncertainty with living in the property and he told me so...
Hi All- The tenant was evicted in 2018, she says she fell I’ll buy repaid the arrears. I will be confirm that. For past three years, she is staying with relatives. He credit score is marginal. She has social sec incom...
Information overload, like the video says, its becoming a bit overwhelming.
I'm having a hard time trying to decide where I want to start. Just when I think I've got it narrowed down, I'll read another book or blog ...
and Property Managers in general,Just about no one on Bigger Pockets is as big a defender of Property Managers as I am. While some folks are great DYI people and can manage their own properties well, I am a firm beli...
Thank you to everyone that has shared their thoughts in the question of the week so far! As the Community Engagement Specialist for BiggerPockets, I love to see how diverse real estate can be. Being so different, we a...
Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...