how do i determine FMV of a duplex?
Hi All,In 2016 I bought a mobile home on land for $2,500 that was condemned by the county and was going to be foreclosed. It had sat for about 5 years unoccupied. The contents inside the home were eerily untouched -...
Do any of you do a final walk through inspection when a tenant is vacating with the tenants? When you take back a property, how do you record the condition of the unit?
I'm looking to purchase my first investment property. It probably about a $93k property. However the walls in the basement are bowed and previous offers fell through because it would pass inspection for financing.
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I am doing a DM campaign to out of state absentee owners. What do you do when you get a lead for a house that is immaculate condition, so this is not fix and flip. Do you market to a retail buyer on my buyers list or...
I’ve been presented with this deal. What are some red flags I may be missing in evaluating this?
TERMS
- Deal Type: Seller Finance
- List Price: $580,000
- Purchase Price: $780,000
- Seller Carryback: $693,000
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Hello, I am a new California landlord whom bought a property 2 years ago with existing tenants. The tenant moved out after living in the house for a decade.
Per the request of the tenant, we performed an initial insp...
What is the first thing that you look for when walking into a rental property? Does this change if the home is vacant or occupied?
What do you find as the best data source for house prices? I notice significant difference (up to 20%) for the same property on Zillow, Redfin and Homes.com. Zillow consistently shows prices much higher than Redfin,...
Hello BP,How do I come up with an offer on a duplex, triplex or quad if there are no comps available? The ones that I have seen within 5miles were distressed properties. I will be financing with a mortgage and live i...