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+)
Marc Shin Should I stay away from STRs that only have 1 bathroom?
9 August 2024 | 19 replies
I have 5 rentals with 1 bathroom and there haven't been many issues over the years.
Andrew A. Be brutally honest about my strategy!!!! New to real estate!!!
9 August 2024 | 18 replies
Here’s the plan I’ve come up with, and I’d love to hear your thoughts on its feasibility, potential risks, and any improvements you might suggest.The Plan1.Pay Off Mortgage: I currently have $170K left on my mortgage, and my goal is to aggressively pay it off in the next 1.5 years.2.Establish Emergency Fund: Before making any big moves, I’ll set aside 6-12 months’ worth of expenses as an emergency fund.3.Extract Equity: Once the mortgage is paid off, I’ll pull out the equity from the property.4.First Flip: Using the extracted equity, I’ll purchase another house, fix it up, and sell it for a profit.5.Reinvest Flip Profits: Instead of buying another property immediately, I’ll use the profits from the flip to renovate the original property, aiming to increase its rental income and appraisal value.6.Reappraise and Extract Equity Again: After renovating, I’ll get the original property reappraised and extract additional equity based on its increased value.7.Purchase Rental Properties: With the additional equity, I’ll start purchasing rental properties that offer positive cash flow and have growth potential.8.Leverage Equity Strategically: I’ll use equity from the original property and any new properties while maintaining a healthy loan-to-value ratio (LTV), ideally around 70-75%.9.Build Rental Portfolio: I’ll focus on acquiring a mix of property types (e.g., single-family homes, multi-family units) to diversify my investments.10.Focus on Cash Flow: I’ll prioritize properties that generate consistent positive cash flow, ensuring that rental income covers all expenses, including mortgage payments, maintenance, and management fees.11.Long-Term Hold: I’ll hold properties long-term to benefit from appreciation and tax advantages.
Dozar Real 5% conventional or Fha 3.5%
9 August 2024 | 2 replies
Hi , everyone  how many  5% conventional  loan or fha loan  can I have at a time  for multi units  property  on "primary residence " and  how  can i use this strategy  to scale  ,i.e buying  property  every year to aquire more. 
Olivia Loesch Newbie Interested in House Hacking
9 August 2024 | 7 replies
I've been interested in real estate for the past couple years (after reading Rich Dad Poor Dad) and have finally started diving into BP and analyzing deals.
Darion White Pine Street Flip
9 August 2024 | 0 replies
Up to this point, I had worked for another guy and together worked on nearly 50 investment deals over the course of 6 years.
Ben M. Column posts for backyard porch
8 August 2024 | 8 replies
Is 20 year ground contact lumber common?
Troy Zapp partnering with your GC starting out?
6 August 2024 | 17 replies
People date for years and then all hell breaks loose when they get married and move in together.
Annie Sanchez Finding the right job
9 August 2024 | 2 replies
I'm thinking of the expression "whatever works is what works for you" so I'm curious if maybe you should flip this problem upside down and start by thinking things like•What do I want my life to look like in 5-10 years?
Haley Elisabeth Sticking to Mostly Cash vs. Financing?
9 August 2024 | 7 replies
It might allow you to go from 3-5 properties per year to 12+. 
Jaime Felber Switching from POH to TOH
7 August 2024 | 6 replies
@Jaime Felber If you have a lot of long-term tenants and the homes are pretty old, many park owners I know usually negotiate a fair price in exchange for just selling the home and receiving lot rent.