Mark Gomez
Rent vs Sell a paid off home
23 January 2025 | 8 replies
Renting the PropertyIf your parents rent out the home, they have multiple income-generating opportunities: Renting As-Is: A 4-bed/2.5-bath home in a desirable area could command a high rental rate, likely around $2,500–$3,500/month, depending on local market conditions.
Jeremy Beland
The Crazy Title Issue That Almost Ruined Our Deal – But We Got Creative!
13 January 2025 | 0 replies
In New Hampshire, title laws are strict, so we couldn’t move forward without obtaining a signature from a living heir.The title company dug deep and eventually located a distant relative—a niece of the deceased owner, two generations removed.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Ify (Bobby) Anizoba
Starting 2025 Strong
11 January 2025 | 2 replies
I'm passionate about teaching real estate in underserved communities and helping others build wealth through knowledge.Looking Ahead: I’m seeking local and out of state investors, lenders, and professionals in the Atlanta area for STRs and MTRs, and in Birmingham, Phoenix, Columbus, Macon, and Augusta, GA for long-term rentals and small multifamily deals.Let’s connect if you share my vision for creating real estate that not only generates wealth but also builds lasting, positive change.
Vina Merrill
In eating in Chattanooga
9 January 2025 | 1 reply
Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.
Joel Oh
Anyone owns OMG category?
13 January 2025 | 12 replies
I am sure there aren't many comps that this would generate.
Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
Jared Galde
Hey! I'm Jared. My life is about Sober Living Home Investing
9 January 2025 | 10 replies
Forums and meetups like BP have changed the game for my family for generations to come AND for generations for people in our homes.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
They just generate chlorine at a constant rate depending on the system setting.
Ven Bud
Rookie question on negative cashflow investment
13 January 2025 | 7 replies
When you invest in 1-4 units residential property in the Bay Area, you are investing for the appreciation or value-add potential because most properties don't generate positive cashflow.