If there is a vacant lot surrounded by homes 1 mile each in direction without any other vacant land, what's a good way to find comps for that land?
Imagine you bought a property for $2M.
The land (excluding any structures) is valued at $400K.
Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your ...
My partner and I were looking to wholetail a deal and this is what we came up with...are we right? and why or why not?What we'll list it for: 185,000 subtract 3% buyer fees - $5,550flat listing fee - $500 Sales price ...
Estimating the ARV is a matter of reviewing comparable properties (Real comparables) and evaluating the value after the property is repaired and ready to sell.The process of estimating the ARV includes review informat...
I am struggling to make sense of this deal.I have solid numbers from the bank.PMI would be 136/mTax is 459/minsurance is 80/mcurrently the 4 units bring in $2400/monthMy loan is for 200000 and intrest rate is 3.6%We ...
Sometimes it can be difficult to keep track of exactly how much you've actually made on your investment. I believe investment profits break down into exactly 6 components, so I wanted to put it out on the forums and s...
When I run a Rental Property report and it returns NOI. Is that NOI for the life of the 30 loan or 5 years are annual or what? In other words, what does the amount of NOI represent?
how do i know what a property is worth?i have all the income and expenses, but im not really sure what to do.i subtracted income-expenses and it came out to 56,000 /year and it could be more because theres a large ret...
How do I figure the after repair value (ARV) when the house on the land is a total rehab?
Received an offer on one of our properties and was wondering how concessions/ commissions worked. Do both concessions and commission come off the final price? Such has, you have an offer for 103K: 6% concessions and 5...