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+)
Joe S. Agent/PM/ project manager combo
12 September 2021 | 15 replies
Getting all of your money back out on this market is not realistic, at least in our market.You should expect to leave 5-20% in the deal.However… you end up with less than 25% down, a fully refurbished unit, and a top of the line product for tenants.This strategy allows you to control your two most variable cost, maintenance, and CapEx.Personally my focus on a BRRR is beat the down payment market by 5-15% and have a fully updated unit I won’t have any work to do on for 5-7 years.All the people that want to turn 40K over and over and over and finance rehabs are going to spend a lot of time looking and not a lot of time doing.
Adrienne Binder How would you invest $500k to start flipping?
6 October 2021 | 48 replies
But much like Elon Musk tweeting on his airplane about taking his company private and then his stock tanking, you, as the investor are just a passenger on the plane and have absolutely no control over how things go, or what the people managing your deal will do.  
Kendall Kelly New to LA, New to Real Estate!
15 September 2021 | 16 replies
Client bought a house for his parents 2 years ago and currently in the ADU process to convert garage to ADU. 4.
Michael Nolan Strategy/gameplan for new investor
14 September 2021 | 5 replies
A little background: I am 21 years young and currently living at parents house.
Daniel Dube Lease Renewal Advice
9 September 2021 | 1 reply
.~ when kids are out of school and parents are starting to look for where to live for the new school year.  
Collin Hays Guest calls to remember from summer 2021
10 September 2021 | 15 replies
But the pest control folks got right on it."
Antonio Figueroa Multi-year BRRRR for a multifamily property
10 September 2021 | 3 replies
I'm looking at a 6 family in a rent controlled town that is fully occupied.
Genny Li I just had a tenant ask about changing a burnt-out light bulb...
16 September 2021 | 55 replies
Another my parents realized they knew from premarital Christian counselling. lol.  
Franklyn Gibson Where to invest for safe and secure?
4 October 2021 | 5 replies
I say that because I have no control over the stock market, but I do self manage my single family homes.The absolute safest investment is certificate of deposits or savings accounts that are FDIC insured, but they pay sub 1% return.
Michele B. Landlord Illegally Keeps Security Deposit - Do I Settle?
15 September 2021 | 24 replies
I wish it wasn't.What's probably going to happen now is that you'll carry around this experience and the grudge it engenders for the rest of your life, and after you buy a house, the next time a politician stands up and starts talking about tenant rights and rent control and rent moratoriums, you'll nod along, and bad things will happen to landlords, and we'll all scream bloody murder here and in other forums on how unfair, unfair, unfair it is that people hate landlords so much.How much we contributed as a group to bringing the public outrage on ourselves through unethical, grasping business practices like this, well, that won't be as enthusiastically discussed.