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Results (10,000+)
David Martoyan What’s Your Biggest Lesson Learned From a Fix-and-Flip Project?
5 December 2024 | 20 replies
Constantly manage bookkeeping and cash flow to make sure you stay on budget and/or make adjustments when (not if) things come up to stay on track.  
Andrew McManamon Investing in Bitcoins
9 December 2024 | 98 replies
Perhaps identical except for one big difference, billionaires invest in bitcoin / crypto.
Chris Blackburn Student Housing.... Why would realtor not put the project for sale on Costar vs RCM?
4 December 2024 | 3 replies
If money’s the issue (which is highly likely), you could offer to cover the advertising costs upfront, if possible,  and adjust their commission by that amount.
Ramada Evans Need help w/numbers
5 December 2024 | 48 replies
You can make price adjustments to get a more exact value.
Drew Giltner Help me analyze this deal
5 December 2024 | 4 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $459,000 Mortgage Amount (80% LTV): $367,200 Equity: $91,800 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop to 5%Monthly Expenses: Mortgage Payment (5% Interest): $1,971 (Now you are paying interest and principals) Property Tax: $260 (assuming has been increased with a 4% from last year) Utilities: $361 Insurance: $104 (+4% Adjustment) Vacancy: $166 (now after 12 months we can assume we have some vacancy at 5% factor on annual rent) Repairs & Maintenance: $166 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $3,028Rent Income after 12 months assuming annual rent increase at 5% : $3,323Cash Flow: $295$ per month 😊Long-Term Gains: $5,418 Principal Paydown year 2 (this will increase each as you pay off your mortgage $36,720 Property Appreciation (assuming 8% per year) $3,540 Cash Flow (this will increase as rents rise)Total Annual Return on Investment: $45,678 with just $ $22,789 remaining in the deal.
Kwok Wong What to do when no sold comps?
1 December 2024 | 9 replies
., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.
Jordan Dieterle Property Management Issue
2 December 2024 | 2 replies
They approved work before the adjuster seen in with not documents or approval from me.
Griffin Malcolm Are Solar Panels Worth It?
5 December 2024 | 34 replies
While it may get your home chosen over an identically priced one it won’t add value.
Devin James It all comes down to marketing and pricing
3 December 2024 | 5 replies
4) Are you adjusting to the market’s demands?
Thomas Azoury Convert garage w tenants
2 December 2024 | 17 replies
If they’re on a month to month lease, and you’ve offered them a year long lease that they have opted out of, you can adjust the terms of their lease once their month ends.