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Owned by Dan

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4 contributions to Buy Box Club
False Alarm
I thought what i saw earlier on the call this morning was a bug. Turns out im just an idiot and it is working. I just didnt put in a City or State when I was entering in the deal. You wont be able to find matches for a deal without that because thats part of how it matches deal with buyers. As always please let me know if you see any issues that need to be fixed
0 likes โ€ข Dec '25
@Mundo Sanchez How do we add a deal if it's not a Morby Method? I have a Triplex cash deal I'd like to add to Buy Box Club to match with a buyer. Or is the Underwriting Challenge only for Morby Methods at this time? Thanks in advance!
0 likes โ€ข Dec '25
@Mundo Sanchez cash deal, pre-foreclosure. Auction date is 1/8/26. Triplex 2/2ba 2/1 2/1
Tip #6
In Single-Family, comps rule the valuation game. Your propertyโ€™s worth is primarily determined by what similar homes nearby have sold for, not necessarily what kind of income its producing. Even if you double rents and cut operating expenses in half, appraisers still look across the street for comparable sales โ€” not at your P&L. Things to consider: ยท Rental performance can nudge your valuation if the buyer pool includes investors โ€” especially in hot investor-driven markets. ยท However, that bump is soft. Market appreciation is still the main driver. Youโ€™re riding the wave more than you're steering the ship. What this means for you: ยท You win in SFR when you buy at a discount and catch a rising market. ยท Your cash flow is yours, but your equity growth is heavily market-dependent. ยท There are still plenty of value-add plays in single-family, but underwrite wrong and you can be taking a huge loss.
0 likes โ€ข Dec '25
Would this apply to a Single-Family home converted to a Triplex 3,820 sqft (all units on their own meter)? Would the value increase or would it still be only comparable to the single-family home sold comps in the neighborhood?
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0 likes โ€ข Dec '25
I have a SFH Triplex 40 minutes from Indianapolis. @Rinat Kay Is that too far from Indy for your buy box? The seller inherited the property and is in pre-foreclosure. Need to close the deal before 1/8/26 (foreclosure auction date) I can send you the details via email if you're interested.
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Dan Howard
1
4points to level up
@dan-howard-3396
Day Dreamin'

Active 11h ago
Joined Dec 5, 2025