Sean Forner
Duplex With No Comparables
Hello Biggerpockets Community. I am at the tail end of financing a duplex, but there are no comparables. I have already had one appraiser accept the assignment and then back out 2 weeks later. A new appraiser has been...
Bienes Raices
High gas prices and rent increases
Are you allowing the current high gas prices to influence your decision about whether to raise your rents?
Personally, I don't want to do something that might prompt the tenants to move out, but on the other hand, I'...
Wes Peters
Making offers sticking to Brandon Turner's 20% discount rule.
Im a newbie. I just finished reading Brandon Turners, 7 years to 7 Figure wealth and i was left wondering, Will realtors take me serious if all my offers are 20% lower than the asking price? Is low balling a common pr...
Kimberly Gillock
Annual HOA fee to have renters ("lease maintenance fee??")
For those of you who own properties in HOA's, has anyone had experience with a "lease maintenance fee" imposed by the HOA? If so how much? How did they justify charging this fee (ie-- what is this money actually goi...
Maryann L.
Appraisals - the new organized crime
I know we've thrown around the term "influence" the appraisal or personally I like "assist" in the appraisal process, but this article is EXACTLY why I like to pull my own comps.
http://www.housingwatch.com/2010/02/0...
James Peoples
Finding a Broker to hang license with
BP, now that I I'm license I'm having a hard time deciding who or what brokerage I want to hang my license with. I know that I need to call a few brokers and set up an appointment to go in and meet with them and get a...
Uriah D.
Appraisals with wholetails
We have a couple wholetails coming out right now (first round) and we got a question from the appraiser as to how is he supposed to justify that we bought the house a month ago (barely any work was completed) and we a...
Cody Warhurst
Discouraged from starting by family with experience...need some encouragement
Hi everyone,
first time poster and pretty damn new to the forum. My wife and I are just starting our rei journey and have been researching and preparing for owning multifamily re.
My parents were in the business fr...
Alan Asriants
Small multi family (2-4 units) new construction in your area
I have been trying to get into New construction - specifically 2-4 units in my area, but I can't seem to justify the numbers and when the numbers are justified, there is almost always zoning push back. We have such a ...
Matt Sturm
Made an offer on a bank owned propoerty
Hi- I've made an offer on a bank owned property. I was then asked to give my highest, best offer. I provided that (only 20k away from their asking price) I just received a notice that they countered at 1k less tha...