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+)
Don DeMarco Property Tax for Second home near Hilton Head
17 December 2024 | 2 replies
The diligence varies by county, but my experience has been that they check very thoroughly.
Gary M caceres Water bill went up super high
16 December 2024 | 20 replies
@Gary M caceresDid you check the toilets to make sure one was not constantly running?
Saika Maeda ADU permit or not; financial implications
20 December 2024 | 27 replies
Also double check on the ADU size restriction.
Alex Longinidis Buying First House Hack
17 December 2024 | 17 replies
I'll check on meetup.com as well, I know sometimes they post meetups on there!
Justin Jefferson Can someone guide me through the first step of analysis
22 December 2024 | 8 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.
James Dugan Texas - Keeping HELOC when changing Primary residence
20 December 2024 | 4 replies
I ain’t no lawyer (except on the Internet), so will possibly have to resort to checking with the lender (BoA) to confirm as I didn’t see anything in the contract that suggested that it closes if I’m no longer resident.James
Matthew Morrow 4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Also, was there a background check on the tenants possibly having criminal backgrounds and or background check to determine if the tenants had ever been evicted in the past?
Russ Mooneyhan Example Reps Log
10 December 2024 | 4 replies
I would like to see how others do it and examples of what they do and how they organize said data.
Joe DeVico Propstream or Batchleads?
9 December 2024 | 12 replies
As stated in this thread, I believe BL does not let you keep your data if you leave the platform which is not good business practice, IMO.
Ryan Fox is the structural engineer correct??
17 December 2024 | 15 replies
I learned the drywall was cracking in October, but I'm not local to it so I wasn't checking it regularly.