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Results (10,000+)
Kyle Carter Selling a property
4 January 2025 | 2 replies
What are the most effective ways to exit an investment? 
Kyle Carter How to best diversify your portfolio
3 January 2025 | 0 replies
I would love to hear about your strategies of which you all used to effectively scale.
Sakib Khan Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Chris Pew Anyone with experience working with Total Quality Lending
2 January 2025 | 3 replies
Chris,What are you looking to finance or accomplish I ask because with a quick Yelp review there are some negative reviews.
Graham Lemly Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Andrew Slezak Quitclaim to LLC?
4 January 2025 | 4 replies
There’s normally action items that can be implemented into your management process that are more effective
Jonathan Greene If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
I stayed in a STR with over 200 5-star ratings, and not a single negative.
Gamal Harding Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
By recognizing the signs and implementing effective preventative measures, landlords and property managers can protect themselves from potential scams.
Amos Lee Ohio or Vegas??
6 January 2025 | 8 replies
Also, the fees plus being a forced buyer with a deadline on a 1031 exchange may negate the small tax savings.
Leon G. Getting out of the rental business after 10 years
10 January 2025 | 67 replies
With DSTs you need to make sure that the various fees don’t negate your profits.