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+)
Travis Gutting What is the best method for finding properties?
13 February 2025 | 22 replies
Additionally, when underwriting deals, you need to account for the general idea that repairs and maintenance will be a larger percentage of your rent, the lower your rental is.  
Carson Hyland New Investor -- Tips Needed!!!
1 February 2025 | 1 reply
The cleaning and repairs cost a conservative $2,000 because you did all the work yourself.
Jerome Boudreaux Beginner looking for advice
23 February 2025 | 18 replies
A single family could ultimately be a lower price point for you but depending on how much money you have available to spend on the purchase and any repairs/maintenance, either one could work.Have you found any SF or duplexes that catch your eye or know how much money you have to spend?
Samuel Kim Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
From repairs and maintenance?
Karolina Powell Pittsburgh area - 4 small deals - what would you pay?
2 February 2025 | 1 reply
Deal #4 - SFH, 3BD/1BAAsk: 80KNeeds new paint, flooring, new kitchen, and bathroom, and roof will need to be repaired
Jeffrey Bourque Found a Deal but Not Sure
27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
Steve Smith How much is enough?
17 February 2025 | 10 replies
I would like to at some point invest in an auto body shop so I have no issues with automotive repairs.
Chris Hains Need A House Flipping Spreadsheet
28 January 2025 | 12 replies
Having it solid in a spreadsheet instead of in your head or on notebook paper and playing with the numbers for the repair budget isn't wrong.
Michelle Wang Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
Document all your efforts, including repair invoices and communications, to show you’re acting in good faith as a landlord.
Dwight Cox DSCR financing on mobile homes
28 January 2025 | 2 replies
For abandoned parks with infrastructure, some lenders may consider them as long as there’s a plan for the rehab and the infrastructure is in good condition or can be repaired.