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+)
Daniel Vroman Rusteen Help - Is the RE agent actually hurting me?
27 September 2024 | 14 replies
But as I've read more about the process, including a BP published book by Brian Green 'Long Distance Investing', I'm wondering if not only is a RE agent not needed for me, but is likely to work against my favor.Why? 
William K. Partition part of land for landlord only use that a rental house is on.
26 September 2024 | 2 replies
For example we write exclusive use of the rental property includes use on two sides to the tree line, on one side to the rock wall and to the front curb. 
Matt Nelson Advice on getting equity out of a rental in Washington state
27 September 2024 | 8 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).
Sidney Johnson New to investing, living in New Jersey
26 September 2024 | 10 replies
I'm currently spending time learning as much as I can from various resources including books here on BP, accumulating capital and structuring my strategy. 
Tanner Sortillo New Investor with $100k - Where would you start?
27 September 2024 | 47 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
Brie Schmidt HELP : Chicago zoning mess
26 September 2024 | 14 replies
When he applied for the garage permit he included this statement to the city certifying that the coach house was neither commercial or residential and only used for storage. 
Amy Weaver Investing in DFW
27 September 2024 | 8 replies
Plus, if you're interested in stable, long-term tenants, many investors in these areas, including myself, have had success with Section 8 rentals.
Lotus Eli Innovative Strategies for Maximizing ROI in Short-Term Rentals
30 September 2024 | 46 replies
In popular tourist areas, having a place where guests can unwind outdoors really adds value.Local-themed welcome basket: Include local snacks, wine, or small souvenirs from nearby businesses.
Eric Fernwood September Las Vegas Rental Market Update
25 September 2024 | 1 reply
There, you'll find detailed information on investing—both in general and specifically in Las Vegas.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had another slight drop MoM ($1.18/SF vs $1.19/SF).
Maverick Go Refinancing Self-Storage Properties: Can DSCR Loans Help?
26 September 2024 | 3 replies
Many lenders offer DSCR financing for commercial properties, including self-storage facilities, especially in the $700,000 to $1 million range.