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+)
Joseph Fenner What software should I be taking advantage of when investing in real estate
31 July 2024 | 10 replies
Ok I will check those websites out, Thank you.There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.
Erik B. Newbie Question - How To Use Equity To Finance Another Multi-Family?
30 July 2024 | 4 replies
I'd look at renting out the other unit and then replicating what you just did with a different loan product.
Krishna Shah Cash Out Refi CRE Purchase
31 July 2024 | 7 replies
His primary mortgage was sold to a private lender in the early 2000s and he claims he had to give an explanation each time as to why he financed with a private lender with such poor reputation every time his credit was pulled.
Krishna Surendra Seeking Recommendations for Property Management Companies in St. Louis
30 July 2024 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Kenneth Bell What do investors see as a solid LP return?
31 July 2024 | 20 replies
I have a brand new product at the end and I should have less cost in the way of maintenance. 
Cody Lewis Buying a STR in CHS
30 July 2024 | 6 replies
I see a lot of properties failing due to poor design and lack of amenities. 
Trent Reeve Smart lock with decent battery life?
30 July 2024 | 30 replies
I consider the halo battery performance poor, but not poor enough that I swap them.  
Chris Seveney 2024 Is going to be a great year.... Do you really believe that
28 July 2024 | 6 replies
Balloons coming due with higher interest rates, China market, China production, Manufacturing production moving back to the US, Worker shortages, Workert pay hikes, Ukraine/Russia food and fertilizer misses, Oil prices increasing due to the OPEC Q1 production curtailments in place, Houthi issues, Panama Canal Water issues, Illegal immigration impact (buy one of those office buildings and rent for $10mm per year for Illegal housing, take advantage) social benefits required, Climate change believe it or not- Buy or sell into that thought process,  US politics, Baby boomers leaving workforce and needing more benefits, Baby Boomers moving from Stocks to Bonds,  etc.I agree things will get worse, but that means more investing opportunities. 
Allison Keib New Construction - Modular Homes??
1 August 2024 | 42 replies
I've had the goal to do it in 6-7 months and been beating myself up for poor performance as the GC... feeling much better now!
Jonathan Greene Why Most Wholesalers Fail
31 July 2024 | 18 replies
When you look at any type of sales position first thing they will tell you is “know your product”If you do not know the home - meaning what is it worth as is, how much does it need in repairs and what is the exit value - I can’t see how someone will be successfulI also see people take mls properties and get them under agreement to wholesale and maybe hit a deal here or there / but my guess for these people is similar to those that start dropshipping companies and everything else they tell you can be done with no moneyIt never gets off the ground and if they spent that time getting another job they would have a lot more money .