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+)
Jed Butikofer No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
That's much further than most ever get.Have you read Coach Carson's book, The Small and Mighty Investor?
Tyler Magee If you had $150k where would you start?
10 January 2025 | 6 replies
I work 40 hours a week usually from 4pm -12am.
Augusta Owens Reading material for a rookie.
5 February 2025 | 1 reply
If you could shadow someone a little this would be better than any book.
David B. “Live In” Flip Advice!!
14 January 2025 | 10 replies
I have a couple questions —1.
Chris Core Everything needed to start, can't find a cash flowing property.
8 February 2025 | 13 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Tiffani Hollis Appliances - New or Used?
17 January 2025 | 6 replies
Refrigerators aren’t typically expected in Texas single-family rentals, and it may be the same in Georgia.For other appliances, buying new is usually the better choice.
Zack Whiting Introduction and Why I joined bigger pockets
12 February 2025 | 16 replies
Would be more than happy to see how I can help
Jonathan Small Single-Family vs. Duplex: Which is the Right Investment for YOU?
16 January 2025 | 3 replies
There are 9 x buyers for owner occupied houses than there are investor buyers. 
Praveen Kumar REI nation experience
12 February 2025 | 6 replies
We value building deeper relationships with investors with whom we align perfectly rather than having superficial relationships with everyone who wants to buy. 
Jennifer Fernéz Help with this deal!
18 January 2025 | 10 replies
Also for a BRRRR in general to create enough equity to refinance out your money and create a cash-flowing rental you usually need to start with a VERY distressed property and do a significant rehab.