Understanding a Mortgage Appraisal - Part 1

The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...

My wife and I bought a home in Clairemont (San Diego) back in 2011 for $330,000. Now it's probably worth close to $550-600k. I'm trying to get my foot in the door to invest in real estate. The option I have now is pul...

@J Scott had some questions concerning this on another thread. Did a search on the internet and found a memo from NAR concerning this issue. Seems like there were court decisions in numerous states. I was a licensed a...

Hi everyone! I recently received an offer letter to start helping a local wholesaling company with acquisitions. What would be a reasonable commission to negotiate? Could I negotiate base pay? This company just starte...

We just got our first mobile home deal, and are looking for some guidance on working out the logistics of doing mobile home repairs. We are to instruct Contractors/handymen that we solicit to NOT include costs of ...

I am currently working with a seller who owes 70k on his mortgage. His house is assessed at 63k. It has a finished upstairs with 2 bedrooms and a bathroom but isn't added to the assessment because it doesn't have A/C....

Hi,This is going to be a long post.Before I ask the vague question "should I buy a property in Las Vegas for the purpose of short term rental?" on BiggerPockets I thought I might ask the owners themselves first.  I di...

One of my 1 bed 1 bath that I just changed from an old 20 gallon water heater the previous owner installed to a new 30 gallon low boy.  Its in the closet so there isn't much room for more.Prior to the water heater cha...

I am new in Real Estate and was approached by a money lender in a FB group page. He told me he could finance my first real estate deal at 4% on the loan. I liked the interest rate but I asked him what were his terms a...

I may be able to acquire a very nice property in one of the most desirable locations in the SE.  The home was built in 2004 and needs little to no work, it is simply facing foreclosure.  After running the numbers, the...