Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Jonathan Greene Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
None of these are $200 per door in a C neighborhood.  
Lorenzo L. Starting a Syndication at 21 (NEED ADVICE)
4 December 2024 | 32 replies
Rise up the ranks to a c suite position.  
Collin Schwartz Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
They likely know other smart people and those smart people will know someone who invests in real estate (Because smart people invest in real estate… just like A=B B=C A=C)!
Andrew C. what software are you using to service your hard money loans?
25 November 2024 | 3 replies
Quote from @Andrew C.: Have agreed on terms on a hard money loan to an investor I know well.
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.
Chris Anderson Can I borrow against a portfolio of second position mortgages
26 November 2024 | 8 replies
We have spoke to banks in the past and its challenging to find ones that will do a C/A on a first but the ones that would consider it would not do it on a 2nd.
Michael Baum Mike's Deal of the Day - July 16th, 2024 Prime Day and more!
25 November 2024 | 6 replies
.$69.99 eufy SoloCam S220 Solar Powered - https://www.amazon.com/eufy-Security-Continuous-Resolution-C...We did buy these for the rental but I haven't installed them.
Frank Newsome Determining areas to avoid.
24 November 2024 | 2 replies
More importantly, we have the 183+ Detroit Neighborhoods mapped out and 104 of them identified a Class A, B, C or D.DM us if you'd like to discuss more...
Julie Philpott Upcoming for Franklinton?
23 November 2024 | 7 replies
West of Glenwood is still in the works and can be C/C+ depending on the street and what's going on around it. 
Jay Hinrichs Clayton Morris Portugal exit !
25 November 2024 | 32 replies
.: Quote from @James Wise: Quote from @Josh C.: We managed about 40 of these assets after the fall out with ocean pointe.