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Results (10,000+)
Jerry Maze Investor friendly Title Companies and Closing attorneys
5 January 2025 | 5 replies
@Charles Kao I believe he means attorney & Title Services that are familiar with non traditional or creative Transfers or Sales of property that don't include Banks.
Steve K. Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
And when it comes unraveled, implications CAN BE extreme, INCLUDING jail/prison time for it. 
Dillon O. Off Market Buyer/Seller Agent Commission -
3 January 2025 | 3 replies
The agent "worked" for 2 hours at the most including drive time to the closing.
Ezra Avery Hello & Thank You
7 January 2025 | 5 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Ankit Lodha Cash-our Refinance - DSCR
8 January 2025 | 13 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).
Jackie Liu Unresponsive Property Manager
11 January 2025 | 15 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Randee Erickson Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
It included my real name, our real home address, and what was probably a Google voice number.
Anita Z. Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
These factors include if you are a biz owner or not and if that business is a real estate related one.
Donald DiBuono Best Mailer Companies
9 January 2025 | 5 replies
Cost was about a dollar a mailer and my assistant's time, including postage.
Garry Lawrence Tips for Renting by the Room Near Colleges: First-Time Landlord in Baltimore, MD
4 January 2025 | 2 replies
I just bought my first rental property in Baltimore, MD, and I’m planning to rent it out by the room, including the basement.