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28 January 2025 | 10 replies
To calculate Net Profit, we need to deduct: Construction Financing, Investor Capital, Overhead, Insurance, Warranty, Etc.Finishes sound okay, but I would build a little bigger.
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23 January 2025 | 11 replies
Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.
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19 January 2025 | 2 replies
If you are hiring a PM, then it's not a big difference either way, but if self-managing you don't want to go much bigger than you have been or you may not be able to do all the work.
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13 January 2025 | 11 replies
Urban areas can definitely be tough to gauge from a google maps search because environments are street by street, block by block.
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10 January 2025 | 5 replies
For Airbnb, do i allow STR stays for the next three months and then block out the calendar beyond 3 months for MTR stays?
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24 January 2025 | 10 replies
I share more on splurging/saving for max ROI on my Bigger Pockets Episode (933:https://www.biggerpockets.com/blog/real-estate-933), if you haven't listened to it already.
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12 January 2025 | 10 replies
I had one give me a $1795 on one property and another one give me $1600 on the same size house just a couple blocks away.
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17 January 2025 | 4 replies
@Monica James Welcome to Bigger Pockets.
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23 January 2025 | 165 replies
There is even so much of it, that there are books sold for how-to, guru courses on it, and even this neat place on the internet called Bigger Pockets has info on it if look it up.
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21 January 2025 | 10 replies
Even if they could save 5-10% on that $800 bid, which is $40-$80, if it took more than 1-2 hours they'd be losing money doing it because their time is worth at least $40/hour.In our opinion, it really depends on the level of urgency and the size of the bid.The more urgency, like no hot water, the less time the PMC has to get multiple bids.The bigger the bid, the more likely it is an owner should expect multiple bids.An owner has to be realistic, understand and accept these limitations.