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Results (2,380+)
Account Closed 1% "Rule" Still Valid in Texas?
15 January 2024 | 36 replies
hat I’ve been seeing so far- what other way do you recommend for filtering through 100s of properties before doing a full analysis on specific ones.you can get a general idea of average duplex rents in your various districts by app or craigslist, etc, and then run your initial screens in your head as you look at listings - this is a quick way to initially parse your list.someone else brought up a good point - finding an on-market plusflow MF in decent shape at a great price is... very challenging right now. in my market, as in almost every market right now, sellers are holding tight for many almost intractable reasons.in this market - as likely in yours - the way deals are found is by scrubbing the underbrush - generating leads. data works well for leadgen, and almost all of the data used by the various property platforms is actually free - courtesy of your local government. it's easy to locate every single duplex in Travis county. and for each property record the assessor's office collects between 30-100 descriptors, such as asset class, sq footage, owner name, building grade, etc.you can then perform some calcs on the dataset to extract owner occupied and owner occupied (if taxpayer_address == property address, then 'NOO', etc) and you can then append owner phone and email from commercial data brokers.this is how most MLS listings hit the market in the first place - brokers calling homeowners and asking the impertinent question of the day...
Amy Raye Rogers The Negative Cash Flow Club!!
13 January 2022 | 65 replies
Are you suggesting that having equity in a property is bad, and that extracting the equity is better?  
Patrick Boutin Refinancing hard money loan into traditional lending
15 January 2017 | 21 replies
This applies for financed properties #1-4, for #5-10 its always 25% down min no exceptions ( fannie mae).The whole premise of what you're trying to do rests mainly on your ability to find and acquire a property with substantial value add equity so that after initial acquisition you can improve your property to this estimated market value  and ultimately cash out refinance and get back your original proceeds.If we're using 75% as your lenders maximum LTV that they will allow you to cash out at then you'll need to make sure the property is worth 133% ( 1 / .75  = 1.33 or 133%)  more than what you bought the property for and paid for in rehab costs.Here is an example:100,000 purchase20,000 rehab costs- total acquisition costs of 120,000 / .75 or 75% = $ 160,000 ARV needed or ending value from appraisal to complete your extraction of all of your original proceedsYou can use conventional money to do the cash out or portfolio money they all have their pro's and con's.Like mentioned earlier you can also borrow from other properties or pledge equity from other properties if you have equity for your down payment as a way to acquire your property.
Jalen Chanthaboury Dropped Out of College
25 October 2019 | 58 replies
And I attended the Colorado School of Mines ('BS '90, MS '94), which has been teaching, among other things, open pit mining and oil extraction for more than a hundred years, I assure you even today no one would recognize it as a "liberal indoctrination camp".   
George Gammon Dave Ramsey Is Misleading The Public
19 August 2019 | 108 replies
(to extract and reinvest equity/cash flow).  
Mark-Anthony Villaflor Refi Til Ya Die Strategy
14 March 2023 | 39 replies
That's why we love the strategy, it's the most tax-efficient way to extract wealth from our portfolios. 
Shiyuan Zhang Southern California negative cash flow
31 July 2021 | 53 replies
Granted it is a little harder to extract appreciation than cash flow but not much harder. 
Josh Stack A "Hall Analysis" of Gastonia as a Market for Buy&Hold Rentals
4 May 2021 | 75 replies
Miller will be responsible for reviewing and approving Piedmont Lithium’s state mining application.All eyes used to be on Gaston and Cleveland counties for its world-class lithium resources, but companies have since ventured to other continents either to enjoy other deposits or cheaper extraction processes, Miller said.
Dan H. California proposes additional 25% tax for flippers
28 April 2022 | 33 replies
BRRRR investors rehab properties to extract money but it also leads to higher rents than if we rented the unit in its old, run-down state. 
Zackarias Aitchison Pros & Cons To Investing OOS
29 March 2022 | 6 replies
We extracted as much of their market knowledge as possible (neighborhoods, zoning, land use opportunities, buyers, sellers, etc.) while getting a feel for the market from our perspective.We eventually chose Raleigh-Durham as our launch MSA.