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I am looking for guidance and views on a problem that has bedeviled me. The numbers can work any way, renting or selling or keeping and renting out rooms -- three options. I have spent countless hours --- my own...
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Hello Community of Bigger pockets!I am in the process of making an offer on a single family property. The numbers are as followsListing price-70,000ARV- 95,000-105,0003 Bed , 2 Bath 1400sq ftRepairs -10,000-15,000Rent...
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If you use one.
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I developed a simple excel spreadsheet years ago to analyze potential deals and decided recently to revamp calculations after nearly purchasing a bad deal. My old spreadsheet encompassed all of the basics and helped m...
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Interesting use case for ChatGPT Operator:
I asked it to do a market analysis and compare a random Airbnb listing to others in the area. It even gave suggestions on what I could improve based on what my competition...
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Hey Folks,I am curious to know what typical assumptions are made with respect to the occupancy rate for an Airbnb. I've heard and seen some at 50%, others at 70%. As well, what other expenses should be assumed with ...
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Hello BP,How do you choose your next investment property from a buy & hold stand point? My first couple of properties I got "lucky" because the market was at it's bottom and it was easy to find a renter to slide r...
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Just trying to get a staring point on how to evaluate a property and a good deal from the MLS before potentially seeing it in person. I came across the DealCheck app and thought why not at least explore it. It got got...
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Hey all!So I have been doing a lot of analysis lately on possible SFH in the area to buy and hold. I do not plan to pay someone to manage my properties anytime in the near or even somewhat distant future. When I tak...
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BiggerPockets Community,
This will be my first of many blog posts on BiggerPockets and felt it only necessary to begin with an introduction of myself and how I got here. Over the years, I’ve spent countless hours rea...