Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
My opinion is that it's totally up to you.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
Everything else is a total nightmare, with frequent failed connections and endless re-linking hassles.What’s even more frustrating is that, despite being a premium-paying customer, I’ve been chatting with Christopher from Stessa’s support team for over seven weeks, and he has genuinely tried to help.
Alexander Dombeck
Advice On Commercial Real Estate Purchase - 1st Time Owner
19 December 2024 | 3 replies
You can also double hack these if you have enough units and live in one unit and use one unit for your business, but of course that decreases your cash flow but increases your usability.You can also use an FHA loan to get a mixed-use property with only 3.5% down if the residential square footage if more than 50% of the total square footage.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
So you just need to look at that additional $2000 - $3000 of interest each year as really being 1000 - $2000 of total new expense to your after the tax deduction.3.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
Total Revenue to date for airbnb ArbritageSo this is the part that a lot of people care about INCLUDING myself, so I've been really successful I can say that I have done a great job with researching and expanding so far, in I have made in total revenue *drum roll please* $204,301.84 with profit averaging around 20-35%.
Matt Powers
Where to start investing in real estate?
15 January 2025 | 33 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
Paying for the fundamental knowledge of how to invest is total bull$hi+ and it makes me mad.
Kayla M.
Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
So when the out of state investor needs to sell, the only way to do so is at market price, which can often mean a total loss of their investment, or sometimes even more.
Jerry Cox
Opendoor Property Trust
16 December 2024 | 5 replies
This is my first time and I'm buying a fixer upper that needs a new compressor, roof and a total kitchen remodel.
Lenny Montesano
Young aspiring real estate investor seeking advise
3 January 2025 | 26 replies
Look for undervalued properties.Network: Connect with local real estate agents, contractors, and other investors for insights and deals.Analyze Properties: Use the 1% rule to evaluate potential properties (monthly rent should be at least 1% of the total investment).Secure Financing: Explore different financing options like conventional loans, hard money loans, or private lenders.As for timing, if you can handle the extra responsibility, starting now could give you a head start.