Hello, I'm looking at an apartment building that recently hit the market. The calculated purchase price based on actual numbers is significantly less than the calculated purchase price based on the proforma (best case...
Hey, I'm working on underwriting. My biggest hangup is figuring out the market rents. What do yall use or how do you figure the numbers? I have been just looking up going rates in the area, but theres such a discrepan...
Just read @Jay Helms ten point guide and was wondering how to rapidly determine property class so that I can make smarter offers (basically not overpay or low ball to the point of "is this kid serious?" type of disreg...
Hi everybody sorry for the novice question. I’ve been calculating the monthly mortgage payment on a property. The payment would be about 740 dollars. Once you have the payment number how you can you estimate the actua...
How do y'all determine your comp adjustments... how do you determine how much a bedroom or bathroom is worth?
Hi Guys! I'm fairly new to the BP community, but I was curious to hear yalls thoughts on how accurate you think the rent estimate tool is. I am looking for an apartment in Miami to live in year 1 and then convert it i...
Hey Everyone, I hope you're having a great day. There aren't alot of recently sold properties under real estate listing tab for memphis in BP, what other tools are you using to gage the ARV? I am working with my brok...
I am a real estate wholesaler. If I am correct, investors/buyers are concerned with equity and/or cash flow. If a property does not have that much or any equity, can it still be a good investment if it cash flows?
H...
I have the opportunity for a wholesale deal I just don’t know how to determine repair cost of the property. Is there a certain method to use? Because I don’t want to market the property to my cash buyers at eight to h...
For the property managers out there, what are you using to calculate rent comps?I used Rentometer off and on for my personal properties in the past, but I want to systematize this PM business I am currently setting up...