Follow-up to last week's thread on how fragile DSCR 1.25 is at 20% down. That one asked what pushes a deal under 1.25. This one asks the opposite: which lever gets a near-miss over it. Same screen: 33,376 homes for sale with a rent estimate across 8 markets (Indianapolis, Kansas City, Houston, Da...
Not every discounted property is an opportunity. Some come with complicated ownership situations, difficult access, unresolved permits, tenant issues, or renovation challenges that can make the investment much harder than expected. A low asking price can get your attention, but understanding what...
Here’s a question I think investors should ask themselves more often: If you knew everything you know now, would you still buy the property? Not because the project went perfectly. Not because it made money. But because the original assumptions, risks, and strategy still made sense with what you ...
Buying your first rental property is exciting, and it's also the deal where small oversights cost the most — because you don't yet have experience to catch them. The good news is that most first-time mistakes are avoidable if you slow down before the offer instead of after it. First, know your nu...
I screen 1–4 unit homes for sale against the bar most investors I talk to want: DSCR 1.25 with 20% down. This week, across eight metros, 518 of about 34,000 homes I could price clear it. A Memphis Realtor made a point on my Kansas City thread that a few hundred dollars of rent can move a house ac...
What is the best real estate analysis formula or combination of formulas that you use? Is it IRR? CoCR? Cap Rate? NOI? Is it appreciation? Whatever you find useful, share your formula and why it is the best. Maybe it will become my favorite.
Excited to finally be on here guys! I've heard so much about BiggerPockets over the years and used to watch the podcast religiously. Long story short, I just wanted to get some seasoned eyes on a deal I feel pretty good about. Any feedback would be appreciated and if anyone is interested as well ...
A low price alone does not make a property a good deal. A good deal is one where the numbers, the condition, and the exit all make sense together, even when something does not go exactly as planned. First, I look at the full monthly picture, not just rent minus mortgage. Taxes, insurance, mainten...
Every investor I talk to has a preference, whether they know it or not: some want the monthly check, and some want the long game. Cash flow and appreciation are the two ways a rental property pays you, and they rarely peak at the same time in the same property — which is why understanding the dif...
I've been thinking about something that seems easy to overlook in real estate. Most agents spend a lot of time trying to get new leads. But what happens to the people who showed interest a few months ago and then stopped responding? Maybe they were looking to buy but weren't ready yet. Maybe they...
Investment Info: Single-family residence same-day investment. Purchase price: $155,000 Sale price: $190,000 Contributors: Peter Vekselman Partner Driven partnered with Ronald Pennington on a same-day transaction in Dudley, North Carolina. The property was purchased and resold the same day without...
Hello there, my name is Zachary. I'll keep this short and sweet. Looking to invest in Section8 housing in Detroit and surrounding areas. However, because of the insanely high millage rate for non-homestead property taxes, I can not justify purchasing a property and paying 350-600 in taxes monthly...
Quick one for anyone looking at condos or townhomes as rentals. A lot of HOAs limit renting, and you usually won't see it in the listing. Some cap how many units in the building can be rented at once, and new owners go on a waitlist. Some ban leases under 6 or 12 months. Some make you wait a year...
I’m looking for some advice from people who have structured larger portfolio loans before. This is my first time doing anything this big, so I’m trying to make sure I understand the risks and don’t overlook something important. I currently own or have under contract five properties totaling six r...
Investment Info: Single-family residence same-day investment. Purchase price: $19,900 Sale price: $31,000 Contributors: Peter Vekselman Partner Driven partnered with Ronald Pennington on a same-day transaction in Kenmare, North Dakota. The property was purchased and resold the same day with no re...
Investment Info: Single-family residence fix & flip investment. Purchase price: $100,000 Rehab: $43,215 Sale price: $210,000 Contributors: Peter Vekselman Partner Driven partnered with Preston Moore on a fix & flip in Somerville, Alabama. The property offered a strong opportunity to create value ...
I am looking to make my first real estate investment purchase in Savannah, GA in the next 6 months. I've been looking at small multi-families and SFRs between 270-500k. My original strategy was to use my VA loan to house hack a small multi-family, but I have since broadened my financing options t...
Hey BP Community, Looking for some candid feedback from seasoned Texas investors and anyone operating in the Fort Hood / Killeen / Copperas Cove market. Property Overview: Type: Single-Family Residence (4 Bed / 2 Bath, 1,827 sq ft) in Copperas Cove, TX Purchased: July 2024 Financing: VA Loan...
For those doing fix-and-flips, how much contingency are you building into your rehab budget these days? With unexpected repairs and changing material costs, having some breathing room can make a big difference. What percentage do you typically reserve for surprises?
I get asked this a lot by homeowners who got a cash offer and want to know if it's fair. Here's the quick way I look at it. 1. Figure out what the house would sell for fixed up, using recent sold comps nearby, not list prices. 2. Get a rough repair number. A walkthrough with a contractor beats gu...
A tenant-occupied rental can look like a shortcut to cash flow — rent is already coming in, and you skip the vacancy and leasing work. But you are also buying someone else's lease, someone else's tenant relationship, and someone else's maintenance history. The questions you ask before closing mat...
A lot of homeowners hear "as is" and think it means no inspection, no negotiation, and no surprises. In my experience that's usually not how it plays out, so here's what I tell people. As is means the seller isn't agreeing to make repairs. It doesn't stop the buyer from inspecting, and many buyer...
I’m curious how other Florida investors are underwriting this right now. If someone has around $50,000 available for a down payment and wants to buy a duplex in Florida with financing, where would you realistically start looking for cash flow after insurance, vacancy, taxes, repairs, reserves, an...
A property can look like a great deal on paper and still become a bad investment. Maybe the rehab goes over budget. Maybe the timeline stretches. Maybe the ARV doesn't hold up. What’s one number or assumption you always double-check before moving forward with a deal?
A lot of the sellers I talk to inherited the house and have no idea where to start. This is the rough order I walk people through. Details vary by state, so the estate attorney has the final word on the legal side. Find out who actually has the authority to sell. Usually that's the executor or ad...