Scott Szurek
Appraisal Valuation so Close to the Selling Price
Why do appraisals required by lenders for properties purchased with conventional mortgages always - a very high percentage - get valued at a ridiculously close number to the final selling price?There is no way apprais...
Sharad M.
What are your goals for 2016?
Hello Everyone,We are about 2 weeks away from 2016. How was 2015 for you? Have you guys made your 2016 goals yet?My goal for 2016 is to do 10 deals per month for a total of 120 deals. This will be a mix of buy and hol...
Adam Moehn
Do you update electrical in your rentals?
When I'm looking at houses to purchase as rental properties, a decent percentage still have fuse boxes. Many also have all or mostly two prong outlets. I feel like a lack of 3 prong outlets is impractical for modern l...
Luc M.
Accept This Applicant?
I am a new landlord on some out of state houses, thus I hired a management company. Today, the mgmt company asked me to approve a potential tenant for one of my homes. Single lady with two teenage kids. She has a c...
J. Martin
Is 2.5% a good cap rate? "Gambling" on appreciation?
I recently saw a deal on a duplex in San Francisco in a prime neighborhood with a cap rate on existing rents of 2.5%. Rents a bit below market, but not crazy. Building in good condition. Great location. This number...
Ryan Guthrie
Renovating a rental property
Hi all,
Looking at a SFH that needs new flooring, kitchen needs to be updated, paint, etc. Does anyone have any experience purchasing a rental property and renovating? I don't want to load the house with stai...
Heather Carrow
Newbie getting into short term rentals
I am new to real estate investing (currently house hacking). Ever since I was a kid I've wanted to own vacation rentals and it is something that I am really passionate about. My spouse and I would like to start out wi...
Delicia M.
Need Advise on Money Pit - Should I Sell As Is?
I purchased a 3 bed/2 bath bungalow one year ago for $20K with the intent to flip. The home is located in a part of SC that's hard to find available contractors or help. After a month of searching, I found a unlicens...
Joshua McLean
Section 8 In the Cleveland Market
Can somebody fill me in on the key things to keep in mind when looking for a potential section 8 rental in the Cleveland area? I want to go multi family, and I want to know what sort of requirements need to be filled ...
Tom Server
Reduce offering price after home inspection
Hello, I'm looking to reduce my offer after the home inspection. How do I go about getting estimates for repairs when I'm not the owner of the house? I want to offer estimates proof to justify my reduced offers. Such...