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Results (10,000+)
Greg P. Small Multi Family Coaches/mentors? 2-4 units.
31 January 2025 | 23 replies
I don't recommend throwing the baby out with the bath water, and definitely make sure you understand the nature of the Mentor you choose.BP is a great resource to meet some amazing people. 
Allison Cutlip Help finding best software for tenants rent and lease
2 February 2025 | 6 replies
If anyone has recommendations for what they've been using and like, we would appreciate it greatly as well as any tips you may have for us!
Kaaren Hall 3511 Sting Ray Ct
7 February 2025 | 3 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Devin James Unnecessary Limits on Housing Development
4 February 2025 | 10 replies
Some will follow staff recommendations almost all the time .. others will not..
Duane Williams How Do You Scale Fix & Flip Operations?
15 February 2025 | 11 replies
Any insights, experiences, or recommendations would be greatly appreciated. 
Daniel Ruby Investor title company
12 February 2025 | 3 replies
@Daniel Ruby I have several that I can recommend.
Donyea Jenkins Employee tax question
14 February 2025 | 9 replies
Consulting a CPA or tax attorney is strongly recommended before proceeding.This post does not create a CPA-Client relationship.
Ben Stavrowsky Developing two units as STR's
16 January 2025 | 2 replies
Have you sent your material list to a supply house to be quoted, have you arrived at a quote with your subs?
Michaela Hayes 100% financing does it exist?
4 February 2025 | 8 replies
Thanks everyone for your recommendations.
Chris Core Everything needed to start, can't find a cash flowing property.
8 February 2025 | 13 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.