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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.  
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.
Nate O. My 13-Year-Old son wants to learn real estate — What next?
5 December 2024 | 19 replies
I say this with zero disrespect intended, but is the intense focus and obsession a normal habit of his as he dives into new interests?
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.
Ximei Yue Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
i only know what you posted, so here goes.BRRRR is a very hands-on, time intensive strategy. based on what you said, i don't see how it would be a good fit for you, given your work and family situation.BRRRR does not yield any cash flow. 
Mic Salvador New Here :)
30 November 2024 | 16 replies
Out of state is less capital intensive but will be more energy and time intensive to find contractors visit properties etc.
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.
Devin James It all comes down to marketing and pricing
3 December 2024 | 5 replies
4) Are you adjusting to the market’s demands?