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+)
Ivan Calais Coelho Seeking Collaborative Investors in Miami, FL
3 October 2024 | 5 replies
Let's make the most of the current market conditions and build a prosperous future together.Looking forward to connecting with you all!
Becca Pariser Baseline or Relay for banking?
24 September 2024 | 14 replies
I liked all the features and it was super simple to set up.
Xiang J. Do you estimate ARV and check with cash out lender first?
2 October 2024 | 6 replies
All of these four are done before you make any offer, or does it take too long?
Jorge Abreu The Power Team: Your Key Allies 🤝
2 October 2024 | 0 replies
We keep everyone in the loop all throughout the process.To stay on track, we maintain a comprehensive checklist that covers all the tasks involved in closing a deal.
Michael Bell Investing in Parking Lots & Garages - My story so far
2 October 2024 | 4 replies
I was able to connect my mentor with a CEO, COO, and Chief Development Officer all from different parking companies. 
William Goodlett Multi family investment
3 October 2024 | 3 replies
Greetings to all potential future partners.
Christine House Other alternatives to VRBO etc when there’s an HOA
2 October 2024 | 7 replies
@Christine House This can be the downside with investing in properties that have a HOA (sometimes they have a max capacity of how many rentals can be within the HOA, what type of rental they can be, or they can cut off rentals all together at anytime)If you have family that lives in the area, that could be a better option temporarily until you move it on into something else that can work for what you're tying to do.
Deborah Wodell Thoughts on Using DSCR Loans
3 October 2024 | 14 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Gino Barbaro Don't Believe The Hype Out There
1 October 2024 | 3 replies
Get out there and network with all the brokers in your marketI would love to hear what some of the hype you're all hearing out there.
Karen Smith Adapting to Higher Rates: How Private Money Lending Can Bridge the Gap
2 October 2024 | 2 replies
Private lenders are becoming a go-to option because they’re able to close deals quickly without all the hoops that banks make you jump through.