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+)
Mike Shahi New construction/capital gains/death of parent- need tax advice
29 August 2024 | 4 replies
The adjusted basis would be around $850,000, and selling for $1.2M would leave a $350,000 gain, which falls under the exclusion.
Robert Garcia Private Money vs. Traditional Financing: Which Is Better for Investors?
28 August 2024 | 1 reply
Most of these options will have either no PPP (especially for rehab loans) or adjustable PPP's so you can tailor the loan to your strategy.For long terms loans PML's and traditional can be quite competitive, but I'd say that the main advantage for traditional would come in long-term loans for commercial properties.
Alex Withorn Revenue Management Strategies
28 August 2024 | 12 replies
I track it every couple of days adjusting my prices up and down depending on the trending percent.
Katie Tran Looking to Invest in North Orange County, CA
2 September 2024 | 24 replies
The table below lists inflation-adjusted purchasing power for the first ten years.After ten years, $1,000 will only be able to buy 61% (100% - 39%) of what it can buy today.
Maryann Fialdini Title Insurance Claim Denied -- Need Advise
29 August 2024 | 14 replies
Insurance doesn't want to hand over money sometimes even when they are obligated to, that is why public insurance adjusters exist.
Nathan M kiefer Str cost seg amended return
27 August 2024 | 10 replies
In the end they ended up adjusting the return up +$1000.  
Malik Javed Maximizing Deductions on Like-Kind Exchanges with Cost Segregation
27 August 2024 | 0 replies
Using the example above, a cost segregation study can only apply to $500,000.Option 2 (simplified method): Taxpayers can elect to treat the adjusted basis of the exchanged property as if it was disposed of at the time of the exchange.
Joshua Waldron First house rehab completed, listed for sale!
27 August 2024 | 2 replies
There’s always gonna be hiccups, time delays, over budgets for unforeseen things that’s part of the business. execute, adjust, pivot learn and keep going! 
Rhea Jeong Rental income consideration to mortgage
27 August 2024 | 2 replies
In other words, the adjusted rental income (75% of the gross rents) must be sufficient to cover the total mortgage payment of the property.Example of the FHA Self-Sufficiency Test Calculation:Gross Rental Income: Assume the appraiser estimates the total gross rental income from all units is $4,000 per month.Adjust Rental Income for Vacancy: Multiply the gross rental income by 75% to account for vacancies and maintenance costs.$4,000 x 0.75 = $3,000Monthly Mortgage Payment: Assume the total monthly mortgage payment (PITI + MIP) is $2,800.Result:Since the adjusted rental income ($3,000) is greater than the monthly mortgage payment ($2,800), the property passes the FHA self-sufficiency test.Importance of the Test:The self-sufficiency test is crucial for borrowers looking to finance a 3- or 4-unit property with an FHA loan.
Melissa Faraias My rental won't rent. What are my next steps?
29 August 2024 | 43 replies
Think about how can you make your property a no brainer when having to decide between an apartment and a home. 2-Contact homeowners who are not in your close proximity, so they do not feel threatened, and ask them what are they seeing in the market, and how are they are adjusting (most likely you are not the only one who is experiencing this). 3-  If you decide to work with a real estate agent, use one that works with rentals, and better yet, someone who specializes in property management as well, because they will help you weed out  bad applicants. 4- This last one I do not have experience with, but I would definitely try it if my rental was near a hospital: Partner with a company that finds housing for traveling nurses.