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+)
John Maxi Filing for an LLC in New Orleans
5 October 2016 | 6 replies
Do it online for 105.00No need for an attorney. 
Dave Bolduc Asbestos found in basement of duplex under contract
2 October 2016 | 3 replies
They got 1 quote that totaled $3,500 for the job.
Ramon Huerta LLC
3 October 2016 | 5 replies
Just go on line.
Michael Young MLS Find
29 September 2016 | 4 replies
Roof looks ok and siding looks ok, but inside could be a total gut.
Julie Marquez My Goals For Easy Rentals and Passive Income - Feedback Please
30 September 2016 | 36 replies
We plan on doing the loans separately, and even worst case of 4 per person, we can have 8 total.
Marcus Gold TSP to IRA
11 November 2016 | 7 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Brent Kiger Property management software
10 November 2016 | 8 replies
I was curious if anyone else has used rentigo.com for property management, and more specifically, online rent collection. 
Michael Conway Best locations for investing under $50,000
4 October 2016 | 9 replies
This totally depends on the spread of middle class, which compared to San Diego is much more narrow.Like I said, I do not want to be a slumlord...  
Bradley Bladon making multiple offers
28 September 2016 | 6 replies
I've got no money for marketing, so I'm D4D in my spare time and researching owners online.
Nick B. Stretch your proforma till it snaps!!!
29 September 2016 | 11 replies
What I keep finding out is that my target price is always at least 20% below seller's asking price.Here are my rules/metrics:total economic loss after property is stable is 12% (15% in lower quality areas)incremental rent growth after the property is stable is 2%expenses grow by 2%/yearproperty tax is 90% of the purchase price multiplied by a local tax rate (usually doubles tax from whatever seller pays)payroll $1000-1200/unit regardless of the property size (brokers claim that 30-units don't need payroll but I don't believe them :-) )reserves of $300/unit counted in expensesexit cap rate is 100 basis points higher than current cap rate (e.g. exit at 8% if current cap rate is 7%)cash-on-cash ROI 10%+ starting in the second year; first year may be lower if this is a value-add5 years total ROI (assuming sale) is at least 100%IRR 15%+ over 5 years (al ROIs are net to investors after 20% sponsor override)I can adjust may metrics to some degree but in order for me to get to the seller's acceptable price I have to adjust most or all of them to unsustainable levels.So, what should I do other than keep underwriting and waiting until the market turns down and all of a sudden my numbers would make sense for a seller?