Who is getting your paid off house that you sacrificed to prepay the mortgage?

Your ex-wife, the nursing home, your current wife's pool boy........?

My next door neighbor moved in about 20 years ago with wife and 2 kids. Wife lasted about 5 years and in another 5 years the house got transferred to a son. Son was married and had a kid. Now the police have been out front a few times and the son's wife seems to have control of the house and the son and father have not been seen for a few years.

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u/Honobob — 1 day ago
▲ 30 r/appraisal+1 crossposts

Why did they think there was no risk by getting a 3% cap rate property?

Brandon Turner pays $33.33, a 3% cap rate for NOI and loses $15,000,000 of his investors cash! So much for cap rates measuring risk!

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u/Honobob — 3 months ago

Valuation is the basis of commercial real estate. I had a post removed because the mod thought that a question about V/C was low effort. WTF?

How is this low effort?

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u/Honobob — 3 months ago
▲ 0 r/appraisal+1 crossposts

What Asset Class and Market Has Zero Vacancy over the Long Term

Exactly as the title says. Office, Industrial, Multi-Family, etc.

San Francisco, Detroit, Miami, ...

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u/Honobob — 3 months ago