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+)
Polat Caglayan What do you think about the future of Detroit?
12 January 2025 | 10 replies
depends on your credit if you can get a mortgage or your ability to find good deals that you use hard money for and then refinance into DSRC.  
Pete Resendez A friend's divorce mediation and a townhouse involved
14 January 2025 | 4 replies
The mortgage will also stay on the seller's credit which might create an issue when/if they try to purchase another property.
Jaron Jackson How to get rent payment from previous owner?
10 January 2025 | 8 replies
It sounds like the Title Co. was not aware that the tenant prepaid rent and just prorated the current rent for the month of closing, so agree if they had no knowledge of it, would not have ever gone on the settlement statement as a credit to the buyer and they likely will not do anything post closing to help obtain those funds. 
Carlyn Chism Recommendations on how to acquire funds to finish a hold property!
6 January 2025 | 2 replies
Some will be ok in 2nd position and some will not and force you to refinance out the first - but those are options that are probably cheaper than credit cards 
Rene Hosman Have you tried tools that report your tenants rent to credit bureaus?
20 December 2024 | 12 replies
It allows tenants to increase their credit scores by an average of 60 points, and I provide it free of charge.I have over 600 adult tenants.
Ed Lopez Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
Charges them all for parking passes (on the lots I own), charges for pets, charges to empty the coin op laundry, charges for credit checks etc.  
Fareen E. Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
I've found this to be super helpful: When someone inquires about the property Thank them and Send them the pre-requirements (Income, credit, no evictions) and ask if they meet them.
Josue Ramos Best Markets To Invest
4 January 2025 | 35 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, immediate cashflow and at the lower end of relative rent & value appreciation.
Denise Lang Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
These markets often have strong population and job growth and strong rental demand.But the reality is that even in more affordable markets like Columbus, you'll need about $50k-60k household income just to qualify for a conventional investment property loan (this assumes good credit and reasonable debt).
Paul Stewart STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
Now 3 of the 5 taxing authorities give a credit for doing them on time which can be as high as $150 savings for me each month and I am not sure I would get that using Avalara.