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+)
Vikas Jain STRSearch Has anyone used them or have feedback? Any other competitors?
22 January 2025 | 5 replies
Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.
James Wise Why do people Live in New York?
20 January 2025 | 2 replies
High taxes.
Bret Ceren Selling Home for STR - Is There a Ratio of Projected Income to Sales Price?
19 February 2025 | 27 replies
Some folks are comfortable paying 10X, but you can find those deals all day long.Now, if it was a highly unique and rare property, I'm not as worried about the multiple. 
Rafael Ramos Seeking Guidance and Strategies
11 January 2025 | 6 replies
I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?
Ryan Crowley Pay off mortgage and snowball?
19 January 2025 | 61 replies
Risk entails everything from lawsuits to lack of diversity in investments to low rates of return to high exposure to vacancy (more units theoretically lowers vacancy exposure).
Simon Horowitz Quick introduction from New York
16 January 2025 | 5 replies
Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck. 
Chris Mahoo Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.
Pankaj Malik Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
- Highly recommend REQUIRING tenants to get Renters Insurance and adding you, as the landlord, as additionally insured.
Srikanth Kumar neighbourhoods to focus in cleveland for multifamilies
27 January 2025 | 27 replies
Hi Srikanth, I’ve been investing in Cleveland neighborhoods with a similar focus, targeting properties that align with appreciation potential while attracting quality tenants.
Rebecca Gona New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
Hey Rebecca, I'm a broker and investor up in Sacramento and manage about 100 investment properties (STR and LTR).Many of my clients are high W2 earners seeking "bonus depreciation" to offset tax liability by investing in STR.