Aaron Tarnow
Brokers or Property Management License?
I am interested in working for, or starting a property management business in Central Oregon. I have started working on my Brokers License. It was suggested that I get that license so that in addition to management,...
Sean McKee
How do you determine value of Small multi-family Buildings
Just out of curiosity I’m interested in learning how others values small muti-family unit buildings (3 to 4 units). I know bank appraisals use the sales comparison approach. Depending on the market I like to do a hybr...
Account Closed
Pre-Approval Concerns
Hello BP,I was encouraged to get my financing in place prior to submitting any offers on potential deals prior to submitting offers considering most Realtors/Sellers won't submit/accept offers from investors/buyers th...
Jim D.
Rude to give an appraiser a list of comps beforehand?
I am doing a lot of BRRR projects right now, and have been consistently dealing with extremely low appraisals. Low to the point of laughter when I show them to other agents. The subject property is always brand new re...
Rob Randle
How much to factor in for these expenses
Evaluating a triplex in NJ. The property has separate gas heaters and electric meters. In the description it mentions that "landlord pays water, hot water, and common area electric." & "tenant is responsible fo...
Pyrrha Rivers
Has anyone used the Flat Fee Services company?
Just got notification of Flat Fee Services Company following me here on BP but have never before heard about this company.Has anyone here on BP used them before? Their company link is below.Thanks,Pyrrhahttp://www.try...
Charles Wang
Advice please! Buying a rental property!
Hey folks, I am under contract for a triplex in West Palm Beach, FL. We are in a charming, historic neighborhood two blocks from the beach (intercoastal waterway.) Three units are fully rented for $2700 a month total....
Joe Farrance
Foreclosures in New York State
HelloSo I’m looking at 3 properties that I have seen that are in foreclosure. What I want to do is wholesale these properties to a rehaber. So these are my questions (1) Properties are listed with a real estate agent....
Chris A.
Pro Forma Templates!
Hey BP!As I am starting to build my investment portfolio (mainly focusing on turnkey type investments) I was wondering what template other people use to calculate their estimated returns i.e. what template do you use ...
Ben Clinger
Typical cost to obtain a lead safe cerficate
The city of Toledo, OH is proposing a new "lead safe" ordinance which would affect rental properties with 4 or fewer units.Proponents of the bill are expecting about a $50 / year cost per unit per year ($150 for dust ...