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+)
Abram Edawrd Inman I need help to get a renter!!!!
24 August 2024 | 5 replies
If there are no records like that, they are ok for me because I trust documentation over what any people with their own agenda might say.
Sara Valentine Service animal legal requirements
24 August 2024 | 9 replies
You can't say no to a service animal but you can add some provisions in your lease to protect your investment.
Marciano Martinez First rental out of state
23 August 2024 | 13 replies
Low cost investment that fast forward 3-5 years it will be worth much more allowing you to pull out equity/cash to buy more.I see investors buying $350K homes only cash flowing $400 a month, so Yes 100% good deal.
Zane Hernandez New investor needing financial advice.
26 August 2024 | 2 replies
There is a solution though because there is Non/QM which offers a few programs like (1) year 1099, Bank Statement, and DSCR programs. 1 year 1099 is self-explanatory, Bank statement uses 12 or 24 months bank statements gross deposits and divides that income usually 75% over 12 or 24 months, and DSCR requires No income or job, it uses the rents of the property as income as long as the rent(s) are equal to or greater than the proposed PITI payment.None of the above Non/QM offer construction loans though so you will need to stay W2 or wait 2 years.
AJ Satcher Tips and Pointers for Wholesaling in Today's Market
26 August 2024 | 1 reply
It's always effective, no matter what the market, as long as you have a tight hold on values. 
Dooreuhn Cee Trump University fraud
26 August 2024 | 2 replies
Given all of the Than Merrill discussions, I'm surprised there has been no discussion of Trump University from Donald Trump which was active from 2005 until about 2010.  
Samuel Coronado Getting ready to develop park
21 August 2024 | 9 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
Julio Gonzalez Additional Benefits from Past Cost Segregation Studies
20 August 2024 | 0 replies
As many investors are aware, a cost segregation study is a very beneficial tax planning tool that can create a very quick ROI.
Brandon Rizzo What would you do?
26 August 2024 | 9 replies
Renting out the house doesn't sound like it will make money or break even every month, once you account for vacancies, maintenance, increases in tax/insurance, and turnover costs... unless I'm wrong there? 
Noah Yashinsky Seeking Advice and contacts for Orlando
21 August 2024 | 4 replies
Plenty of areas of FL have seen record levels of new supply hit the market which has impacted rental rates, either making it flat for the past 1-2 years or even dropping some.