Analyzing a few 5+ unit deals in an ultra small market, where even local commercial brokers and lenders say “we don’t really use market cap rates, we just order a third party appraisal” to determine value. I have “ac...
Hi all,I am new here and somewhat new to real estate. I am in the home stretch (fingers crossed) of closing on 2 small multi family homes in Hartford. I'm also waiting on a short sale approval for a third one, and tha...
Hi everyone,I am currently doing due diligence on a MF property and have come across several leases that do not match the rent roll. All of the leases that do not match are all on month to month at this point. The s...
Looking for suggestions BPI am doing a commercial project that I will break ground in the coming months. In working with the GC we have chosen, we have been able to reduce some costs to maximize profitability. That be...
My neighbor knows that I am a young investor, and I asked him to contact me first if he decided to sell. Well he's selling, and it's a pretty good deal. Anyway, I think I can make it even sweeter for both of us by sav...
TLDR: $750k house in best part of town on a $140k single person salary, with a $2500 mother-in-law suit and 2 extra airbnb rooms. Am I stretching myself too thin?We currently have $100k equity in an up and coming par...
I have on average about 130K in equity sitting in each of my properties, some a little more. Many of them are only 2-3 years old to me (as in I've only had them a few years) and much of the equity is from appreciation...
How much value can building a garage add to a property? I've found a rental property that is a 4B/1.5Bath/No garage but there is parking at the rear of the property with footings to build a garage. It is currently sit...
I met with my appraiser a week ago on a refinance for a four plex I own, and I provided her with comps in addition to an income based valuation worksheet already filled out to "assist her". Everything that I can find ...
Not sure if this is the right place, but just wanted to introduce myself.
My name is Christopher "Pez" Lopez, actually most people don't know my real name and only know Pez. I just finished up my second internship wi...