Hello all,In your experience have you found Zillow or any other site's online estimate of a property to be fairly accurate once you had a formal appraisal completed?If not, how far off was it? I know they can't accoun...
Good morning. This is a question that I constantly make myself and probably will be a good one to know other people mindsets over when to sell or keep a property using Cap Rate as a guide. So, please let me know, in y...
Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
Hi There,I am trying to understand how best to value an RV park. What are the value add components that one should consider, like amenities. Are they a year round revenue stream or more geared towards vacation rental ...
Hey everyone! Thanks for checking it out! I am practicing on my analysis as I hope to purchase something like this or bigger before the end of 2016. Another purchase this year would add 2 properties to my portfolio a...
I am putting in an offer for a 5plex multi-family residence and the sellers P&L statement for the previous year shows 100% occupancy. I requested that my broker ask for an Estoppel Certificate be attached to the p...
Hey fellow investors!When negotiating a contract assignment with your end-buyer, what is the criteria used for determining how much of an earnest deposit to ask for, in order to insure the end-buyer has some skin in t...
Hello BP! I am curious to know if anyone has purchased a Brrrr with 20-25% down and take a loan/mortgage out from the bank for the rest. I know most deals are done with cash, hard money lenders, etc... Is it possible ...
Hello everyone, I hope everyone is having an amazing week!My wife and I live in Florida, she will soon be moving to Richmond Virginia to study. She'll be spending 4 years there and then come back. We do not own any re...
So I dont think I’m thinking of this correct so I have a question for more experienced investors. How would I determine what I could spend on a certain deal or how to find out if you can get all your money back or mor...