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Results (10,000+)
Ryan Leake BiggerPockets mobile phone app?!
31 January 2025 | 8 replies
I believe having the app will be crucial in bolstering social engagement, particularly with checking messages and responding.
Kwanza P. Typical PM Rate for Distance Managing
5 February 2025 | 15 replies
With the 25% I charge I'm not expecting you to lift a finger, just collect a check
Jon Pflueger Rent Regulation in NJ
25 January 2025 | 3 replies
Depends on the town’s rules, though, so check that first.Renovation Loophole: Some places let you raise rents or get out of rent control if you do big renovations.
Paris Scroggins Looking for local knowledge
1 February 2025 | 2 replies
Check out the copy & paste info below.
Gary Green Suggestions for saving for first investment property
25 January 2025 | 1 reply
Ask your employer if you can have your pay split up into three deposits, one to investments savings, one to your checking account for personal use on a daily basis, and one to an emergency account you can tap into so you don't have to tap into your investment savings.
Shunnel Williams When to Sell or keep?
20 February 2025 | 9 replies
If you can get through this rough patch and the #s work, you could see your property's value double from the original purchase price in a few years.Lastly, I'd check out the Sell vs.
Chris Core Everything needed to start, can't find a cash flowing property.
8 February 2025 | 13 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Rene Hosman If you had one question for a professional Syndicator, what would it be??
9 February 2025 | 36 replies
Check out Brian's book The Hands-off Investor on sale THIS WEEKEND for Black Friday.
Drew Slew Seller financing fort lauderdale interest only
11 February 2025 | 5 replies
Also, check for prepayment penalties or clauses that could cause issues.
Rey Magana Curious About the Albuquerque Real Estate Market: Seeking Insights from Experienced
29 January 2025 | 6 replies
Not much there yet but there’s a gigantic project in the workshttps://www.mesadelsolnm.com/mediaOk, I'll have to check it out thanks !