Ben Morand
2-4 Units: Comps or Income Approach?
Hey guys,So this may be a simple question, but are small multifamily properties (2-4 units) typically appraised using comps or using the income approach? I know SFR are always dealt with using comps and commercial pro...
Scott Welch
Rent A Room Approach w/ Single Family
Good evening BP,I was hoping to see if anyone has tried a rent by the room approach with single family homes in Woodbridge, Virginia. I am looking at an off market deal and due to the price it would not cash flow or m...
Joshua Wilson
A new type of property management approach?
I'm talking with an investor in my area that I'm trying to build a mentor/mentee relationship with. As a newbie, finding value for him is paramount to me. Picking the brain of a colleague only goes so far without of...
Szute Lin
How to approach delinquent tax property owner?
Hello,I recently found three possibly abandoned properties while driving around a neighborhood. I then start researching those properties. 1st property has no problem at all, I think it's just messy from outside.2nd o...
Grant Rogers
Quickest Real Estate approach to Cash Flow
Hello BP, I am starting out in REI and have cash to invest and am open to partnering. I could use some advice on what would be the quickest and best REI method(s) to cash flow about $5K a month over the course of a ye...
Mauricio Saldana
New Member Looking for the best Approach
Hello name is Mauricio Saldaña
25 years old.
I'm new to real estate & I've just opened up my own business in real estate investing and am now working on sales for a great construction company.
I am from McAllen...
Eric Zdanowski
Income vs CMA approach...am I overpaying?
So I'm currently analyzing an off-market lead and need help pinning down a fair market value to determine what I can offer. Backround: This property is a SFH, but due to it being in a college town and consistently ren...
Aaron Lawson
Hoarder Houses - How and when to approach?
Good Morning All,I'm looking for advice from people with experience on the personal side of purchasing a hoarder house for renovation and resale. Has anyone had any luck moving forward with an owner who lives in and o...
Jose Lopez
Does income approach appraisal value mean anything?
Hello everyone, I just received the appraisal report back for our first rental property (scheduled to close first week of Jan). In the report it gave a sales approach, cost approach, and an income approach. I unde...
Anthony Young
Approaching hard money lenders as a newbie
Good evening and happy New Year BP! I was looking for help in finding the best approach for a newbie investor to use when pitching a hard money lender for the 1st time. I'm a new investor looking to put my 1st fix &am...