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+)
Mathew Constantine Question About Rental Property Analysis in The Book on Rental Property Investing
30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?
Stuart Udis Latest Example of Government's Failure To Improve Housing Affordability On It's Own
1 December 2024 | 3 replies
Through PHA sources, the article indicates the renovation will cost $112M, twice the initial budget.
Benjamin J Thompson AI Analysis Tools? Which is best and why? Anyone using any of these and why?
5 December 2024 | 11 replies
I'd say forget the AI buzzword hype and go back to programming something useful based on real transaction-level data like below (that can help you with any deal you find, from whatever source you have).Sales Comps & ARV estimate:Market Stats:AI won't be able to provide you anything close to this, nor does the RedFin/Zillow market data drill down into the market as deep as I do here.Additionally, if you understand how the leading LLM's work based on a black-box floating point matrix, you just can't trust their conclusions like you can with your own program.
Jei Mercado ARV Question: Closer but 5+ year sold comps vs Further but 1+ year sold comps?
4 December 2024 | 8 replies
If you're unable to find comps within a 3 year time frame, I'm interested to know what your other search parameters typically are ( sq. ft. range, bed/bath count/ etc. ) , and also the locations you are unable to source these comps. 
Vivian Huang Investing in Tulum, Mexico
12 December 2024 | 49 replies
I don't know any information from the source and what I mentioned I heard it from the grapevine.
JD Martin Do you have inspection & hoarding clauses in your leases?
2 December 2024 | 7 replies
When you have unscheduled entry as an option, I think it encourages them to do weird stuff like hide stuff in weird spots, etc because they are always on guard.Hoarders clauses would have to be linked to fire codes I think for excess people and materials near fire sources, etc.
Rene Hosman How to retire early with real estate & other community questions
3 December 2024 | 5 replies
They started the business from scratch in 2003 with a combination of wholesaling, fix-and-flips, and non-conventional financing sources like private lending, seller financing, and lease options—which remains their expertise today.If you had one question for a professional real estate investor who retired themselves by 37, what would it be??
John Mucilli Who is really successfully using DealMachine?
6 December 2024 | 34 replies
Also, if you think about it they're just aggregating data from various sources.
Lorenzo L. Starting a Syndication at 21 (NEED ADVICE)
4 December 2024 | 32 replies
By your own admission you are not interested in sourcing acquisitions or capital raising, so get a job working as a property manager or in  operations for a real estate company. 
Ava Petruso Currently fix and flip but debating
5 December 2024 | 8 replies
Larger, nicer homes tend to be more expensive to maintain and harder to rent consistently due to high turnover costs.4.What are your other sources of income?