Rental Photos

[JennC]

I'm doing an appraisal on a 2-family. In the past I have not included photos of the rental comps for any multi's I've done.

What does everybody else do regarding rental pic's?

Curious in NH.
Regards,
Jenn

 

[c w d]

I don't use photos for rentals.

 

[Mr Rex]

Why not? You drove by and observed them from the street per the pre-printed mumbo jumbo at the rear of the forms right? How much effort to snap a photo and pdf ink is really cheap.

 

[Deleted member 77547]

I've always included rental comp photos. Didn't think there was an option.

 

[Charles Knutson]

I used to include them, but stopped doing it for the last couple of reports -- no response from the reviewers and underwriters, so it seems that at least some of them don't care.

There was another thread on this question recently -- most of the commenters did not include rental photos.

 

[ghrousseau]

I'm doing an appraisal on a 2-family. In the past I have not included photos of the rental comps for any multi's I've done.

What does everybody else do regarding rental pic's?

Curious in NH.
Regards,
Jenn

I would advise taking photos or you are begging for a return trip out in the field.

 

[Lloyd Bonafide]

I'm doing an appraisal on a 2-family. In the past I have not included photos of the rental comps for any multi's I've done.

What does everybody else do regarding rental pic's?

Always on 2-4 unit properties. Why not? It costs exactly zero unless you are printing your reports. You're driving by the properties anyway.

 

[EVAUSA]

Yep, I've always included them. 2-4's always have (at least) 6 comps to inspect.

 

[Rufus]

Count me in the me-too category. I always include rental photos.

 

[c w d]

I may have been confused with SFR detached rental income properties.....*shrug*. You know what they say: use it or lose it. And lately I've been losing more than I've been using. :new_all_coholic: