Darek J.
Best way to calculate Market Rent Level?
Hello all, I have a unit that will be up for lease renewal in the next month or so. In preparation for that, I have been keeping an eye on other properties in my general are. I have a duplex, the unit is a 3/2, so I...
Matthew Paul
Had a discussion about Rent control with a Renter who cant afford a good area .
I was talking with a young couple who were complaining rent is WAY TOO HIGH and we need rent control . The average for a 1/1 here is $1700 and a 2/1 is $2000 . Now they were complaining , how can anyone afford that m...
Bob Smith
Kansas City suburbs - good areas? - how much to spend on SFR?
All over the map but looking at KC among other places. I like B areas, homes built since 1990 or so, good schools, maybe $100-125k, renting for $1,100-1,400!? What areas you like in KC for single family rentals as I ...
Carlos Rodrigues
Property didn't appraise
I'm selling a a new construction property for a client and property didn't appraise and the seller is very upset. The property appraised at $505k. Theres a $40k difference. We're under contract at $545k. The comps ...
Ryan Nodurft
Is this a good first deal?
Hey Guys,I am just getting started and am hoping for some input on my first potential deal. It's a short sale that the seller's lender has approved for $90,000. ARV is $125,000. The seller is paying $3000 in closing I...
John Thi
Rent-to-Value (RV) Ratio
Does anybody know the correct way to calculate this ratio? I have seen two ways on the internet.House Value $200K and monthly Rent is $900 - This is an example1. Monthly rent 900/ 200,000 = 0.005 Ideal valuation measu...
Michael Shuell
Low Appraisal for home re-fi
My plan had been to pull some cash out from my house to both pay off student loans and get started in investing. I assumed that:- all home prices have gone up roughly 30% since my purchase (per zillow and the newspap...
Nick Denning
What is your biggest challenge that you face in todays market?
I am curious what everyone is seeing in their local markets? thx
Darren D. Ngo
Ask away any construction related questions.
Good morning BiggerPocketers,I have a degree in construction management and currently a construction Project Manager for a drywall company. I have done projects anywhere from a 42 stories luxury high rise, luxury reta...
Tirzo Quintero
My Agent Willnot put an Offer becuase is too low.
HI All,I have an issued. There is a house that has been 290 days on the market. This is a multi family 4 beds 2 bath and a a garage, lot size 1742 sqft and it is owned by a bank. The price is 205K. my exit estrategy ...