Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
CJ M. Need a real estate attorney in North Texas ASAP for Sub-to gone bad
28 May 2024 | 25 replies
Second is to contact a title company and ask them to confirm who is the recorded owner of the property. 
Laura Krey Looking to buy first short term rental
27 May 2024 | 2 replies
It makes it difficult to do simple maintenance, repairs, cleaning, etc.If you don't have a ton of reserves, I always think it's a good rule of thumb to have between 4-6 months mortgage in savings as you're trying to figure out a rhythm.
Nicholas Betancourt New Bank Account?
27 May 2024 | 5 replies
Thank you for the confirmation!  
Henry Lazerow Be sure to raise your rents in 2024!
27 May 2024 | 14 replies
@Henry Lazerow I can confirm.
John Underwood Hurricane Season Prediction
27 May 2024 | 4 replies
There could be 30 named storms but if all bank right and head north in the Atlantic avoiding land then beach erosion and canceled reservations along the Atlantic Coast will be the worse of it.
Josh Silvester 30 year fix vs 7/1 ARM
27 May 2024 | 9 replies
Confirming they were originally asking 350 and you offered 430K?
Iryna Pavlenko Which town/community in DFW, TX area has great potential for investment?
27 May 2024 | 2 replies
To get to the bottom of it, I found a cute community in Princeton Dallas and I need your guys' advices to confirm if im on the right track and if this small town is indeed a great option for a starting investor and has a great potential in rental cash flow and home appreciation.
Brett Riemensnider Offer Accepted on First Rental Property!
28 May 2024 | 15 replies
make sure you have cash reserves. as soon as you sign, you could give them a 60 day notice of rent increases. documentation of the owners lease agreements with each tenant & rental payment history. you could sign a 6 month lease with everyone to see how things go. licensed & bonded contractors, someone who can take accountability- you can send an email too if something goes wrong (the boss).
Jalen Wilson Is it possible to get a mortgage with no W2 history
27 May 2024 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable). 
Benjamin Cuddy Landlord security deposit/bank account requirements
27 May 2024 | 2 replies
If mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have.