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Results (10,000+)
Denise Evans Alabama Tax Lien Investing: Gap Years
14 October 2024 | 7 replies
If you are Sally, this is useful to you.
Murali Jesudoss My first deal in Hunstville, AL - Recommendations
13 October 2024 | 14 replies
I would like to know, if you have good success with Property Management teams in Huntsville market as my property in in C area(35810) and like to get a very good team who can find good tenants and handle the property well.Also, if you had general contractors who you had success with as well, as I am looking to do new flooring to this home. 
Christina Haws First House Flip
12 October 2024 | 2 replies
How did you find this deal and how did you negotiate it?
Rahul Sivaswamy How to budget for Lease renewals and Tenant replacement
13 October 2024 | 3 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Andrew Watson Starting in Multifamily
14 October 2024 | 4 replies
Hello BiggerPockets,After reading numerous books from the BiggerPockets library and spending more time on Loopnet than I would like to admit, it is time for me to put some of this knowledge into action. 
Paul Gamber Do I need a 1031 exchange in my situation?
13 October 2024 | 8 replies
Now I’m wondering, is this allowed?
Sanjeev Advani Why Are Office Rents Rising Despite High Vacancies?
14 October 2024 | 0 replies
This trend of rising rents is expected to continue for the foreseeable future.
Joe Kimball Employer paid rent
13 October 2024 | 1 reply
We have aprospectuve Tennant who's employer will be covering their rent for their 12 month contract.Anyone dealt with this before?
Melanie Baldridge Is this one of the best ways to build long term wealth?
3 October 2024 | 1 reply
This is the simple playbook that tons of Americans have used to build wealth over the last 2 decades:1.
Rebecca Curtis Hello BiggerPockets! New PRO here
3 October 2024 | 14 replies
You can literally find answers to all of your questions within the confines of this site.