Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Derek Armstrong What is the Vote icon?
23 August 2019 | 2 replies
It doesn’t keep my awake at night or anything just wondering what it is for?
Scott Galloway Risks of BRRRR in Canada. *mortgage rate increase
5 September 2019 | 12 replies
Might be higher than norm but you can sleep at night
Matt Pastier First BRRRR and first multifamily deal was a success!
26 August 2019 | 25 replies
If he had signed the contract that night, we would have had ended up in the same place (just 4 months sooner!).
Chase Maher Should I Fix and Flip OR BRRRR
23 August 2019 | 2 replies
Take the flip profits now, or BRRRR with a great interest rate and some cash flow... doesn't keep me up at night bc both options are great, however I want to maximize my time and profits.For any multi-units I am heavy in the BRRRR category, but I have a couple San Diego condo deals I am in contract on now and curious the thoughts from BP on which route is better... and I typically don't like holding condos long term due to the HOA and the low ceiling on cash flow, but another perspective I have heard is how easy they are as a rental.I got in to this for long term wealth #1 and short term profits #2... just an FYI.Condo #1:*This deal is under contract and ready to close in a few weeks using HM at 85% of PP and 100% of Rehab with 9/2.PP: $155,000Rehab: $30,000 - $32,000ARV: $260,000 with upside as nothing has sold in building in 2 yearsHOA: $300 a moRental: $1750-$1800PITI w/ HOA from Refi ~ $1,500Minimal VacancyBRRRR Pros: In a predominantly rental area, can 100% BRRRR and hold for $250-$300 a mo cash flow.Flip Pros: I'm licensed so it'll only cost me about 4% cost of sale Condo #2: *This deal is in negotiations with bank for Short Sale using HM at 85% of PP and 100% of Rehab with 9/2.PP: $150,000 - $200,000 (Discrepancy because we are negotiating... starting at 150k, closer to 200k will lean me towards flip vs BRRRR)Rehab: $28,000 - $30,000ARV: $295,000 HOA: $388 a moRental: $1800PITI w/ HOA from Refi ~ $1,600 or less, depending on purchase price/refi priceMinimal Vacancy, Brand new hospital being build walking distance, less cash flow but better area than Condo #1BRRRR Pros: In a predominantly rental area, can 100% BRRRR and hold for $200-$300 a mo cash flow.Flip Pros: I'm licensed so it'll only cost me about 4% cost of sale---TL;DR - Are condos good for BRRRR or better to flip and keep my rentals as multis or high cash flow SFR's
Patrick Michaels Nicholson Corridor Baton Rouge
1 September 2019 | 8 replies
It's definitely not safe to walk around at night
Paul Sandhu Do you put things you find on the side of the road in your STR?
1 September 2019 | 13 replies
I'm charging $300 to $500 a night so I'm not finding anything on the side of the road that I have used.That tree looks nice though.
Amanda Marti Help analyze a property for Airbnb
23 August 2019 | 6 replies
The current rental rates for the same specs (3/2, same area) range from 160-230 per night so it seems like this is right in line.AirDNA AnalysisRevenue: $55,291Average Daily Rate: $220Occupancy Rate: 69%Rent is $1400 per month and we're estimating $300 for utilities and any other typical expense.Give us your thoughts!!
Peter Goeller Tenants are not using the stove responsibly.
24 August 2019 | 4 replies
Hello BP forum 6 months ago I bought a 3 family house and I moved into the basement and I am renting the other 2 units out, it has been amazing, I have fixed a few small problems here and there, but my biggest problem is starting to arise... last night I got woken up by the fire alarm going off in the  middle of the night for the 3rd time.
Account Closed Renting out my room in my house
24 August 2019 | 5 replies
He says hell never be home besides a few nights a week. 
Michael Peters Tenants screaming mold and would like fellow PM feedback
28 August 2019 | 16 replies
Husband calls me later that night saying he spoke to the contractor and wanted to know what we were going to do about the mushrooms the contractor found under the subfloor.