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+)
Justin Woods Cost Segregation - Bonus Depreciation on House Hack
26 November 2024 | 13 replies
Also, cost segregations are usually done on multi-million dollar assets not single-family homes.
Thomas Loyola Are my assumptions reasonable?
26 November 2024 | 5 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.
Carlos Ptriawan Don't become passive investors
1 December 2024 | 91 replies
To do a "boot-camp for syndicating" would be definitively stepping over dollars to pickup pennies. 
Michael McLoughlin PPR Note Fund
5 December 2024 | 87 replies
I'll share my happiness when I receive my first monthly interest = )   Tiny amount but hey, I'm happy with every dollar as long as they are passive income = ) 
Kathy Diamond Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
That is where you will be able to buy deals that are 70 to 80 cents on the dollar.
Imdad Rahman Section 8 Courses
28 November 2024 | 18 replies
I don't know who Tom is but if you're paying more than a few hundred dollars for it I wouldn't bother.
Dennis Boettjer Recommended syndication companies? (NON-accredited)
24 November 2024 | 8 replies
There are a lot of groups out there right now that had made-for-TV track records that will likely not be in business in a couple years.Focus on the experience of the team, how long they have been in the business, how many market cycles they’ve survived, their philosophy on leverage, and how many properties they bought in 2022/2023 (a good answer would be few, a great answer would be none).And do yourself a favor and read The Hands-Off Investor (in the BP bookstore) before you invest a single dollar in a syndication.
Craig Salzer Norada Capital Management notes
1 December 2024 | 68 replies
Promissory loan notes are “secured” by Norada Capital Management where, in our taped call, is a $120 million-dollar public company with $70 million in owed loan notes to investors and $50 million in “equity” which is all a lie.
Jorge Vazquez I am wondering about a "sewer scope." Thoughts?
25 November 2024 | 18 replies
It only cost $300 to $400 dollars to get an inspection.
Becca F. Buying from a flipper vs. primary homeowner vs. BRRRR for OOS
25 November 2024 | 3 replies
Spending a couple of hundred dollars can reveal major issues.