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How do I go about finding information about comparable units to submit a rental increase request for my rental properties in Chicago, IL?
These are the requirements: units have been rented in the last 12 months; u...
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When purchasing a residential MF property, what other types of properties am I comparing the MF property to so that I can determine the rent value of each unit? Am I mainly focusing on apartment units that are in a ce...
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Hello Team,
I am interested in turning my residence (3 bed, 2 bath, 1700 sq ft, 1/3 acre) into a rental and buying a new primary residence. To make the cash flow work in my favor, I would need to charge $2k in rent. ...
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Hey all,
Can anyone provide some insight on how an income based appraisal works vs. a traditional appraisal?
My lender will allow me to do either one.
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Hello BP community and thank you in advance for your help. Back story is I purchased a duplex and took it down to the studs for a complete gut renovation. First unit a one bed one bath and a second unit took from a ...
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Been trying to complete ARV comps for a number of multifamily properties. Have been having issues finding comparable homes in close proximity especially since location has a drastic impact on the value of homes just a...
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This is a question for seasoned flippers and agents out there.
Lately, in my market (San Antonio, TX) I have been seeing flippers (my clients and others) getting well above the projected ARV on their flip projects du...
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I am currently in the process of purchasing a Triplex right now,and based on the comps the averages are about $81 sq ft for that area. However, based on my offer I’m at $113 sq ft, now here is the catch this is the on...
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Hey guys, I currently have one duplex for a few months now, so I'm still relatively new. I am thinking of rehabbing my property soon which would include mostly cosmetic touches (paint, new floors, touch up the bathroo...