John D.
Services for tenant screening
Which services have you used for screening a tenant and what did they include?I read about TransUnion Smart Move and RentPrep. Any positive and negative experiences with either? Besides these 2 have you used any other...
Account Closed
Home owners lying about SF?
Hi everyone,
How do I find out a properties legit SF. I have possible prospects that I believe are lying dramatically about the SF of their homes in order to get a better deal. How can I find out the actually...
Nancy Zhao
More rooms vs Bigger rooms
Property is a 1700sqft single level home in a middle class neighborhood($500k-$700k). Currently it's a 4 bedroom+office/2 bath, no master. The bedrooms are OK sized but not large and they're basically all identical. W...
Steve Vawter
Developing a 16 unit SFR.
Hello All and thanks in advance.Looking for resources on the Land Development New Build Process. I have (finally) landed an opportunity to develop 16 units on 3 acres in Tampa. The owner of the property has asked me t...
Codi Clausen
If buying a turn key, do I need a contractor?
If I’m buying a “turn-key” type of property, and I already have a property inspector and appraiser going to the home do I still need to send a contractor in for a quote? It seems like I may not even need a contractor ...
Chris T.
Reassessed Tax Value and Depreciation
My question is in regards to the effects on a reassessed tax value on my rental property and if/how that changes my yearly depreciation. The tax value on the house actually went down in a recent county reassessmen...
Aaron Weitzman
Shiny Object Syndrome
Hello everybody!
I'm relatively new to the world of real estate investing and would greatly appreciate some help in figuring out my criteria!. I believe I am currently stuck in analysis paralysis for these 2 reasons...
N/A N/A
Assessor's land value too high?
The county assessor's apportionment of land v. improvements seems a bit high to me. On the 4 houses I purchased this summer, the land values are 42%, 42%, 33%, and 22% of the total assessed value. For depreciatio...
Kyler J Sloan
HELOC and Private Money to Finance Deal?
I found a deal that I am a bit reluctant to take, but have reasons particular to me that make it attractive.
With a modest estimate it should yield an ROI of just over 20%, but in order to get it I would have to use...
Lisa Hoyt
How to make offer to bank? How low is too low...
My son is a college student who has found an REO near his campus. It is owned by the bank, a smallish bank located about 40 miles from property. We have been shown the property twice, once to look, second time with ...