Lori Marra
How can I find the cap rate for an area?
I'm thinking about selling one of my properties on my own and I'm not a real estate agent. How can I find the cap rate for my area? Is there a way for me to get comps and figure it out for myself? I'm finding it impos...
Greg Martin
10 Unit Apartment - Estimate numbers prior to offer or get full financials?
Hi everyone,I am new to multis that are over 4 units, and it's been quite a lot to learn. I know that I need to get financials as the value is based on NOI, but when do I get the exact financials-during due diligence...
Kenneth C.
Non/MLS - Off Market Property Purchase (Philadelphia)
BP Community:There's a property that I have had my eye on for quite some time. Prior to the property going into foreclosure, I reached out to the owner's family (of whom I was a neighbor) and inquired about making a d...
Cody Evans
Real Estate Agents Will Be Obsolete Within 10 years?
I read a post recently on Bigger Pockets talking about agents being irrelevant because of technology by the year 2025. There were very conflicting opinions and I am hoping to see specific examples of technology that w...
Keoni Manago
Agent lying about property
Does anyone have experience with an agent lying about the state of utilities at a site unseen property. I am a first time investment property owner from Hawaii investing in North Carolina. I was told my HVAC and plumb...
Tom Bukacek
Influencing the BPO
I was on a webinar about short sales recently when the speaker stated that he does not attend nor try to influence the BPO. He rationale is that he feels that if he tries to negatively impact the price of the apprais...
Kale Leavitt
Is it normal to ask for screenshots of bank account?
We are in the process of buying a second home with 10% down. We sent in a purchase contract offer and our realtor came back and asked for screenshots of our cash reserves in order to show the seller that we could put ...
Hunter Jay Mccleskey
Exclusivity contracts with a brokerage
What is everyone’s thoughts on a real estate agent requesting that you sign a exclusivity contract with their brokerage?
James D Malone
4-plex analysis, need help!
So I came across a 4-plex today which is very rare in my area, only a handful exist. List price of $160,000, 2 bed 1 bath units. Has been on the market for over 3 months, owned by an older gentleman, looking to sell ...
Todd Krzeminski
NFIP Flood Insurance
Anyone have a recommended source for Flood Insurance for a SFH? Getting quotes for one of my Indianapolis properties in the $3k+ range, which is outrageous. I could insure it myself at that rate.