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Results (10,000+)
Anthony DelVecchio House hack, then what next?
19 July 2024 | 11 replies
You will either qualify for the next home using more personal income to offset the 75% of the rental income that the lender will qualify or buy a deal that cash flows about 125% of the expenses so that your income does not have additional negative Debt to income. 
Grant Stepanic 10 Steps To Take For Out Of State Investing
18 July 2024 | 2 replies
Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 
Courtney McCall If you could start a property management co. from scratch…
19 July 2024 | 12 replies
Your lofty ambitions of helping investors with every aspect of their rental property better come with a hefty price tag, or you will find yourself in the poorhouse.  
Brooke Roundy Tenant marijuana smoking nuisance
19 July 2024 | 19 replies
I am super supportive of legal marijuana use, just not when it negatively impacts my other tenants and business.
Sarah DeMamiel $400,000 To flip or to brrrr? Or both?
21 July 2024 | 64 replies
i know this a  hypothetical property but the point that I was making was that if a new investor buys a random $2M property with $1.6M in debt, they will be cash flow negative.
Justin Whitfield How would you invest $500k solely for the purpose of cash flow and FIRE
19 July 2024 | 21 replies
Then factor in the downturns, when investments go negative, your liquidity dries up.
Dylan S. Tax implications of Flipping SFH in CA?
17 July 2024 | 2 replies
The aspect of flips outside of the tax code is getting the deal, finding capital is easy with partners etc...
Matt Owens First investment out of market??
19 July 2024 | 19 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Jared Rollins Spec Home Investor
17 July 2024 | 8 replies
I mean I have a lender for the construction aspect I just need the difference to get to 30 percent loan to cost.
Jameson Sullivan I am a Retail Broker - Here's some basics you should know before investing in retail.
19 July 2024 | 6 replies
In the first example, the asset may be priced at a 10 cap but the tenant has a high risk of going out of business before the end of their 10 year lease term so after year two, they file bankruptcy and the owner is left with a negative return as they are funding all expenses themselves and paying to re-tenant the building.