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Results (10,000+)
Satya Veer Bandaru I am first Time home buyer
7 February 2024 | 11 replies
This innovative approach seems promising, allowing buyers like me to acquire properties without the need for new financing upfront.However, as I navigate this journey, I'm also curious about how the compensation for real estate agents works within the context of a Subto deal.
Ada Emmanuel Cities in the USA banned from STR
5 February 2024 | 6 replies
All you need is a few busy bodies who want to make trouble and you are effectively banned.In the Florida Keys, all but 2 of the islands allow STR for 28 days or more - how many folks can actually rent for a full month?
Tony Pellettieri Our 3rd Investment Property - Which Exit strategy?
5 February 2024 | 9 replies
Let's break things down, hopefully, I am understanding everything correctly...Exit Strategy 1: Full Rehab and Rent IncreasePros:Higher ARV (After Repair Value): This strategy could potentially increase the property's value to $126,000, allowing for a higher cash-out refinance amount.Higher Rent: After the completion of the Scope of Work (SOW), the rent could be raised to $1,000, generating more monthly revenue.Long-Term Value: Completing a full rehab could increase the property's long-term value and appeal, making it more competitive in the market.Cons:Higher Initial Investment: The SOW budget is significantly higher at $15,750, requiring more cash upfront.Vacancy Risk: Asking the current renters to vacate for the rehab introduces the risk of vacancy and lost rental income during the renovation period.Longer Timeline: The rehab process and finding new tenants could extend the timeline before the property starts generating its anticipated cash flow.Exit Strategy 2: Minimal Repairs and Keeping Current RentersPros:Lower Initial Investment: With a SOW budget of just $2,500, this strategy requires less cash upfront.Quicker Turnaround: Completing minimal repairs and keeping the current tenants can significantly shorten the timeline to start generating cash flow.Reduced Vacancy Risk: By allowing the current tenants to stay, the property continues to generate income, avoiding the risks associated with vacancy.Cons:Lower ARV: This strategy results in a lower ARV of $110,000, which affects the cash-out refinance amount.Lower Rent Increase: The rent increase to $900 is less than what could be achieved with a full rehab.Future Repair Costs: Minimal repairs might not address all the property's needs, potentially leading to higher maintenance costs down the line.Financial Analysis:Cash Flow Considerations: Both strategies provide positive cash flow before reserves, with Strategy 1 generating $160 and Strategy 2 generating $148 monthly.
Jack Berg Currently Renting - Landlord wants to sell - SELLER FINANCE?
6 February 2024 | 9 replies
That's the really the first thing to figure out, if conditions even warrant or allow this strategy. 
Carlos Hernández Any suggestions for investing local or out of state?
6 February 2024 | 16 replies
@Carlos Hernández I believe you have to look at your goals long term.I mentor people who want to build a portfolio and an estate but also help with referrals to the providers I use for my own investments.The folks I support and I look for cash flow so we can build a portfolio that allows us to stop working and live off the passive income.
Kyle Johnson I’m in desperate need of experienced investor advice!
6 February 2024 | 25 replies
So, dig in and see if you can do a reasonable repair and get several more years out of that roof allowing you to save and budget for a replacement at a time of your choosing. 2.
Todd Hotes Triple Net Leases
6 February 2024 | 3 replies
This setup allows for a more predictable cash flow since the landlord is not regularly footing these bills.Lower Management Responsibilities: Because the tenant handles most of the property's operational aspects, the landlord's management burden is significantly reduced.
Sejin Kim How many lenders(brokers) do you contact?
6 February 2024 | 8 replies
Your allowed to be pulled by a couple lenders within a couple weeks without being dinged.
Sebastian Villacis M. MTR for Travel Nurses and/or Other Professionals
6 February 2024 | 21 replies
Of course if increase rents by $75 to $100 per unit the CoC will increase too, but it will all depend if the location and condition of the property allows me to do so. 
Marie Larcom Tenant lease expired January 18, 2024 and tenant is avoiding signing new lease
5 February 2024 | 30 replies
He called me up and stated he will allow us to inspect our property when ever we want to.