Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Chris L.
How to look at comparables properly-guidance
Hi there,I’m looking at comparables for an 1800 sq foot ranch with 3bed and 2.5 bath with 2 car garage that is an 80’s bungalow and needs updating; however, I’m looking at most homes and they are significantly larger ...
Aaron Barrett
Random rent amounts on the same property
In Wisconsin is it legal to charge different tenants in identical apartments different amounts for rent? Also can you charge different amounts for upper or lower apartments? I work for a company that owns apartments a...
Michael Theo
Prop 19 Parent Child Exclusion for Multi-Unit Property
Does anyone know how the Prop 19 parent-child exclusion applies to multi-unit properties. My parents and I occupy 2 units in a 4 unit property as our primary residence. If my parents transfer the property to me will t...
Garrett Pearson
How much value does a bedroom add?
Hi. I have a question that I am hoping someone can answer. If there was two townhouses that had the same square footage, age and neighborhood (some in the same subdivision/street) and one was a 2 bedroom and the other...
Ryan Matthews
SFH Value?
In your personal / professional experience, what value is added to a single family residence where the furnace & A/C unit is completely replaced. For example, if a mid 90's home is listed for sale with original fu...
Kevin Coggins
Valuing investments in a flood plain
So when analyzing potential investments in the flood plain, do you just factor in the cost of the flood insurance? Assuming two properties are in the same part of town, but one happens to be in the 100 yr floodplain a...
Dustin Lyle
Making an offer
I've been looking at an REO condo in the much beaten up Tampa market.. After sleeping on the idea, I've decided I'm going to put in an offer.
The average condo sale price in the neighborhood i...
Noah McPherson
Adjusting Comps for Beginners
Hey BP!I'm ISO advice from someone who is experienced at running comps or even better, an appraiser. As a beginner, who has only done one deal, how can I figure out the amount to adjust a comp for certain features. Le...
Sung Woo Kim
First time home buyer and cash flow
Hello!I am a new/beginning investor and also a first time home buyer near Sneads Ferry/Holly Ridge area, NC. Not really a great cash flow market (is what I'm hoping to build in the future), more of an appreciation mar...