Wei Jie Chin
Can H4 qualify for real estate professional?
Hi all,
I am on a H1b visa W2 income. Spouse H4 visa no EAD stay- home-mum. We have been working together in acquiring investment properties. Can she qualify as a real estate professional under IRS rule to reduce tax...
Javier Parra Garcia
ARV sources used? Personal comps vs RE agent
Hey local wholesalers,What are the sources of ARV that you're using in the Phoenix area? Do you base it off of personal comparisons using your own research in the property's area, or have real estate agent provide the...
Victoria F.
Neighborhood rental comparison
Hi thereLooking for some insights on rental rates:
For two similar properties (same age, look and size) how would rental rates in the Fairview area compare with the Osborne st area. School proximity is also similar....
James Jacobs
Question???
I located a property with a ARV of 70K. The owner is asking 49K. When I plug in my numbers the maximum offer comes out to be 40K. When I run the COMPS, other homes in that area typically the same street and same fe...
Eric Telese
Warm Place Vacation Rentals!
Hi all,My long-term goal is to purchase a rental property in Mexico, Dominican Republic, or somewhere similar. I just got back from Playa Del Carmen on Sunday, to some snow and 30 degree NY weather. Too early for that...
Juhi Banerjee
How to evaluate comps for 2-4 unit rental properties
I would like to know how do we appraise a duplex, triplex or quadplex? Usually for SFH we would find the similar homes in immediate neighborhood say 5 miles and adjust according to bedroom count, age of property, repa...
Tyrone Osilesi
Easy Way to Calculate ARV per your Market
Hey all,
Is there a website/resource out there in use similar to Rentometer that can easily calculate the estimated ARV of a project taking in variables such as neighborhood statistics?
Davis C.
2019 purchase, 2018 property tax has no exemptions
Purchased a property March of 2019. Previous owner had homeowners, senior and senior freeze, as reflected in the 1st half 2018 property tax bill.At closing I was credited 2nd half of 2018 property taxes based on all t...
Ray I.
Determine Market Rent for STR
A friend might sell their townhouse in Fort Myers, Florida and I’m curious to see if it could make a good vacation rental. What’s the best way to determine rent for an STR? I’ve been comparing similar properties on A...
Steven Velez
Understanding comps
hello, Comps don't show the value of my property, just nearby similar ones. so, What is the best way to determine a property's ARV based off comps? In other words, how do I read the comps and get an accurate unders...