John Matthew Johnston
Normal wear and tear???
Hello Bigger Pockets! I am experiencing my first vacancy and wanted to ask a question concerning the security deposit. The tenant really did a number on the place and I want to make sure I’m in my legal rights to keep...
Eric Coats
Running STR #s for Newbie
I'm looking to get my first STR. The goal starting off is a place that my family enjoys visiting and renting the rest of the time. I recognize that when my family visits I'm hurting my profitability, but that would ...
Christian Requejo
Average sqft. cost for a new construction home in Florida
Hello everyone. We have an opportunity to tear-down a home and build a new home. We are looking to basically tear down the home and build a new home. The plan is to use the same perimeter of the existing home to save...
Robert Arzola
Maybe A Dumb Question About When To Get Contractor Bids
Hey everyone. I plan on starting my journey into BRRRR investing in Georgia - specifically in Macon and the surrounding areas and was wondering one thing about contractor bids. When is the right time to have them wa...
David Luu
Property insurance coverage amount while holding mortgage
If the property has a mortgage/lender, and the loan amount is greater than replacement/rebuild cost for property, is it better to have insurance coverage for the loan amount or the replacement cost?
I understand goin...
Chris White
Making money using hard money and wholesalers
So we closed on selling our second flip today and both deals were with a hard money lender and a wholesaler, at the end of the day we lost money. We thought we had made a small profit on the first and had rolled in t...
Steven Westlake
Section 179 electric vehicles choices
I’m trying to get my head around electric vehicle choices and if the math now makes sense with $5 gal gas, or $7 diesel. I’m only looking at if the math can make sense, not environmental issues. So I currently have a...
Srini Ramkumar
Out of state turnkeys
I am starting to read up on real estate investment and quickly realized that investing close to where I stay(California) is not possible as 1% rule does not really apply here. So I have been reading up on out of state...
Peter S.
Calculating Return on a house for rent
Hello all, I have a numbers based question that I can't quite figure out. I currently own my home and have a mortgage on the property. I am looking at potentially buying a new home and renting out my current residence...
Daniel O.
How to get the best ARV estimate possible??
As many investors have said, the profit from a flip really comes from the front end of the deal. I have done some research and will probably use a Hard money lender. The group im looking at will lend up to 60%-65% of ...