Jim Thomas
Appraised vs Assessed values
In researching properties on a county appraisal district website, I noticed the Appraised and Assessed values aren't always the same. I am unsure what (A) the difference is in the two, as both seem to indicate "est...
Stephen Adams
How much was your first BRRRR deal?
As I begin to save enough capital to start the BRRRR strategy, I'm curious to see how others have started in the same strategy. My questions are:(1) How much was the purchase price of the property?(2) How much was the...
Christian Smith
Most Accurate ARV & Comps
Can anyone recommend an investor friendly agent who’s willing to pull comps and provide accurate ARV’s?
Buyan Thyagarajan
Best practices to decide on properties on turnkey properties
Hi Guys,I am looking at some turnkey properties in deep south like Missouri, Alabama and other areas. Can you recommend a good book on evaluating properties and locations on turnkey areas? Is there best practices on h...
Account Closed
Denver Needs Better Short-Term Rental Enforcement
This came across my news feed on Next Door and I thought I would share it here for folks that do short term/AirBnB type rentals in Denver => http://www.denvergov.org/content/denvergov/en/denver-auditor/newsroom/201...
Jorge P.
My architect delivered plans With Wrong room Dimensions!
Dear BP Community , I need your advice on how you would handle this situation.I am deep into my first fix and flip in NYC. I just determined that my architect delivered plans/renderings that are not accurate. My plumb...
Chad U.
Max Purchase Percentage of UPB
I'm looking at picking up an NPN for $153K, and I just discovered the UPB is $144K but the Payoff is $176K ish. The seller's BPO came in at $215K and a local realtor has given a CMA of $277K, but conservatively is wo...
Pete Ludlam
Having difficulty finding buyers! Yes, really!
Hi BP!
I'm an investor in the Bay Area and I need your collective advice. I found a motivated seller, negotiated a purchase price, got a contract, popped the champagne, etc., but am now having difficulty finding actu...
Don Freshen
Closing Disclosure Loan Calculations Page 5 - Refinance
I have not done a mortgage or refi in a decade and am currently in process with a reputable credit union. They use a third party for processing and servicing and my mortgage consultant got me a great rate as they wer...
Greg Barrett
Cap Rates: A Deep Dive
The “cap rate” is probably the most widely used metric in commercial real estate. It’s a metric that I refer to almost every day when describing or evaluating an investment opportunity. In short, a cap rate is the u...