I am looking at a multi family property (2 units both 2 bed 1 bath) that is in need of a septic system replacement. I have talked with a septic company and gotten a range of what it could cost. I have been trying to d...
Hey all! I'm new to REI, with one rental unit in Los Angeles. I now have about 40-50% equity based on the appreciation of the home (conservatively). I'm considering a couple options, such as a cash out refi (to buy ot...
Where can we get the going cap rate in an area? Some areas multifamily properties are selling for 8 cap, while somewhere else may just be around a 5.... how do we know what the market cap rate is in any given market??
Hey Everyone,I've had an off-market duplex deal sent to me by my realtor that looks like a really good opportunity. It's in a great neighborhood, is fully rented and the purchase price is reasonable. The only misgivin...
Hello again BP!Earlier today I spoke with a potential seller on a property that she is currently renting out. She stated that the property has been stressing her out and that its a big headache. I told her I would b...
Good Afternoon,Can anyone help me out with comping a property? I'm having difficulty actually comping it out and was wondering if i could get some assistance.. I also have my analysis below if you'd like to give me an...
Hi Everyone! This is my first post on Bigger Pockets, I'm currently still in my Analysis and Research Phase and am starting classes for My REL Next week. I currently Live in the area surrounding Flint, Michigan. The e...
https://www.nytimes.com/2022/0...Story behind the NYT paywall. Summary: Nathan Connolly and Shani Mott are suing an appraiser and a mortgage lender after their Baltimore home was estimated to be worth $472,000. After ...
Hi, I found a property with a great potential in a very nice location in Berkeley, CA. The property is on the market for 2 months. After getting disclosure, I found that it is REO where an old lady, previous owner ref...
Asking: $529,950
Estimated rehab: $75k
EMD $35k
COE: Feb 15, 2023
This is a duplex in Lynwood, Ca. Front house is 2/1
Back unit 2/1 sits on top of 2 car garage. R3 zoning.
Lot 7,000 sq ft
Last 26 days of simila...