Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Kevin Rodriguez The Value of Real Estate during High Inflation
31 October 2024 | 3 replies
High inflation means that people will be looking for products that can store their wealth (aka "liquidity"), such as gold, cryptocurrency, or real estate.So why buy real estate during inflation?
Thomas McPherson Common Mistakes in a BRRRR
1 November 2024 | 5 replies
Having contingency plans and sufficient cash reserves is crucial for navigating unforeseen challenges.Please let me know if I am missing any. 
Kuriakos Mellos Dilemma: Save up to buy 1 more or begin paying down properties more aggressively
30 October 2024 | 11 replies
I expanded fast and my reserves for sure suffered temporarily ( was taking some reserves for future downpayments) , but am aggressively building those back up, while growing my personal savings bucket, and do very strigegent tenant background checks and references.   
Jacob Nevarez First House Hack
5 November 2024 | 28 replies
Consider local trends, and proximity to schools, transit, hospitals, and reserves.
Noey Santiago Refinancing with a Low Credit Score
30 October 2024 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Devin Voelker Is it to much?
29 October 2024 | 5 replies
Like FurnishedFinders, Roomies.com etc to see if it appeals for MTR .Also you have reserves for a few months in case it does not rent out quickly?
Ismael Ayala Jr. Seller financing and wholesaling
30 October 2024 | 7 replies
Build your income and reserves, learn and build relationships.
James Carlson Deciphering Airbnb bookings sheet?
30 October 2024 | 3 replies
The column titled "m_nights_altered" in the Airbnb booking sheet typically indicates adjustments made to the original reservation.
Doug Kirk Best Strategy for Starting Out in Real Estate
31 October 2024 | 44 replies
It reduces risk by lowering your leverage, and once one property is paid off, that cash flow can then help pay down others even quicker.A balanced approach might be to focus on acquiring a couple of properties initially while keeping some reserves, and then reassess based on how things are going.
Raquel Brown 23k to refi??!!!!!
1 November 2024 | 17 replies
My guess is 2 months' worth is to establish reserves, and the rest is prepaids on these.