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+)
Kyle Ingram "The Book on Rental Property Investing" Book Q&A - Chapter 4
23 August 2016 | 1 reply
pp.83The number 1 reason to obtain a real estate licence is to have unlimited access to the MLS.I am heavily favoring getting my real estate lic. for this and other reasons but I am wondering what is the difference between what I see on redfin and what I will see with direct access to the MLS?
Elisa Zhang Should I sell?
6 February 2016 | 14 replies
I am leaning heavily on sell.
Erika Carter Advice on purchasing my first multi-unit building in Chicago
22 April 2016 | 5 replies
I see tenant issues can one of the biggest issues/downfall; I will screen heavily!
Timothy Lon Offer accepted on first deal (SFR), good deal?
24 May 2016 | 6 replies
However, my personal plan is to have 2-4 properties in this price range fully paid off in the next 3-5 years, cash-flowing, and serving as a "baseline" of sorts before I start getting heavily invested and leveraged.Opinions...thoughts?
Bryce Ewing Am I ready to buy my first deal?
24 February 2016 | 15 replies
I have read heavily on the subject, and I believe I know much more about evaluating a deal before buying it than a few other people did from the podcast stories I've heard.
Coleman Doughty San Diego Investor
29 March 2017 | 20 replies
Some states lean heavily in favor of the tenants and some favor landlords. 
Shane H. Ideas/guidance - Structuring Owner finance on 3 SF's & 1 Dplx
31 October 2016 | 0 replies
Having my 2yo son definitely helps add fuel to the fire that was nothing more than glowing embers.3 Single Family homes & 1 duplexAll in stable low B to B+ areas and not far from another investment property I haveSounded as if I'd have one nightmare tenant I'd need to part ways withGross monthly rents $3800 - if I updated the units I am confident  I could at min bump that figure $500 or more a moTax value of properties ~$350k  (I need to get inside the SF properties but $330-400 is probably a realistic market value as is now for the properties retail wise)Owner said they'd sell for $380k and be willing to owner finance for 5 years (w possible balloon payment - I proposed those terms - no cash down)I really need to get into the 3 single family homes and the other occupied unit of the duplex, but drove by them all and they looked in pretty decent shape on the outside -- one of the SF's they just invested $40k in within the past 5 years or so due to a hoarder situation and deferred maintenance so the house has been heavily overhauled - most have newer roofs and were built in the 50's (which around here was a good time period for construction - good lumber, homes are brick etc, duplex built in 1979 - from the unit I was in it's just cosmetically dated which would be no big deal for me to fix once someone moved out to make it more desireable)What I was going to propose is if they would owner finance $380k - accept payments from me of $1055.56 per mo (380000 / 360 mos/30 years) - I'd pay the equity down for 5 years then at the end of year 5 we possibly renegotiate to pay part of it off by myself obtaining bank financing, all of it off, etc.Ideally I'd like to see if I could get them to do this same deal for $350k or a bit less but the numbers work at $380k for me with no cash in.  
Aaron Hollingshead Diary of my first flip - Managed from across the world!
3 January 2017 | 2 replies
For that project, we relied heavily on family to subsidize our costs and help perform the work at a lower cost.  
Ashley Allen Ashley from Nashville
7 January 2017 | 20 replies
Nashville is not a friendly market for wholesalers right now as it is pretty heavily picked over, but there is always a good deal out there to be found.
Logan Turner Basic multifamily questions
9 February 2017 | 11 replies
I have run my 6-units at 30% of GSI as expenses, but a conservative number for analysis is 50%.Actual vacancies (imo which must be vigorously managed) is 1 month per year or 1/(6*12) 1.3% (whereas classical underwriting is 8-12%).LOCATION and your management style WILL heavily impact these metrics.