hi, Someone mentioned no need to do deal unless 400$ cashflow after mortgage loan etc which is next to impossible in my backyard Atlanta. Where else I can focus around Atlanta to get 400$ without getting into D locations horrible properties on septic tanks, Crawlspace’s built before 1970 etc. Ple...
Posting this for the BiggerPockets Investor Brief, and the best replies might run in Thursday's edition. On last week's BiggerPockets Podcast (episode 1347), Amelia McGee said her plan for raising the rent on one of her rentals is to "take them all of my expenses and say, look, I have to raise yo...
Hi, I am high income W2 earner with stay home spouse with 3 young kids under 10. We have decided to invest in real estate - both STR and LTR. I plan to invest in Allentown and Bethlehem, PA. I would love to connect with anyone investing or working in these areas to form a team. I am looking for d...
Hi everyone, and happy Tuesday! Here's a take I'm ready to defend, and happy to be corrected on: we don't add a contingency buffer anymore. Instead, we price everything down to the last screw. And where we can't be sure what's behind a wall, we split the job into blocks. After each block is opene...
For someone who is looking to sell property in Phoenix, is the city and surrounding area in a sellers or buyers market currently? Do buyers have more negotiating power due to the holiday season coming and the market slowing down?
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...
10 Great Lies Sold to Newbies You can make money “wholesaling” with no capital, experience, or knowledge Your brand new business entity can qualify for credit even if you personally can’t qualify When you identify a great deal money will follow and you can own it all with no investment capital on...
I have good credit, financially in good position, no debt (at all), have enough saved for down payment ,i been looking at homes recently but gave myself a lil break , seems like houses atleast in Az are sitting and forcing the price to go down and with that investor mindset i most times offer up ...
I am curious how (experienced) investors estimate vacancy, repairs, and capex when underwriting deals. I have seen people default to 5% each, regardless of neighborhood class or property age, and I have seen agents send me deals where they default to 3% each, even on 75-100 year old properties wh...
I own US rental property and have developed my own income, expense, and cash-flow tracking routine over the years. I’m exploring whether a record-organization service could be useful to other small landlords. At this stage, I’m researching—not offering a service. For those managing 1–5 units: thi...
Let's say you have $100K available to invest in real estate right now. Would you use it as a down payment on a rental, put it toward a Fix & Flip, spread it across multiple properties, or hold onto it until a better opportunity comes along? Obviously, $100K goes a lot further in some markets than...
When a market gets confusing, the people who win are almost never the ones who know a little about everything. They pick one lane, learn it cold, and become the person everybody calls when that kind of deal shows up. Here are six lanes I'm watching in Louisville. Some are hot, some are quiet, and...
If Someone Took Over Your Rental Properties Tomorrow, Could They Find Everything They Need? Here's a practical test for any property owner or manager. Imagine you're unavailable for a week and someone else needs to handle routine property operations. Could they quickly find the information they n...
Hi, To close dscr 100k turn key sfh rental home how much I have to save up including all down payments, taxes, closing costs, points, fees etc etc. My middle score around 681. Has some credit card debt with debt to income more than 50% currently. Is debt to income relevant for dscr? I have some c...
If you don't run your real estate like a business, it's a charity, or worse. When we sit down with new investor clients, most of them want to talk about the deal. Price, rents, rehab. That stuff matters. But the first thing we usually talk about is the business side: their finances, how they plan...
For the last several years, $500 and a reliable pulse could make you an agent, and you could actually do well. Not anymore. Deals take more work, clients expect more, and there are a lot of agents out there who aren't as busy as they were a couple years ago. The part-timers and the people who don...
Hi Guys, I have a property out in Ohio and am looking to expand my portfolio. Im curious to hear from successful seasoned multifamily real estate investors what processes have made the successful. Some areas I want to gain more knowledge in is: -Network used to finding good tenants and fill units...
Hello fellow investors, I need help brainstorming and actually getting educated in alternative financing and re-capitalization. 2 years ago I've bought a SFH with attached ADUs totalling 4 doors that are cash flowing pretty well. Interest rate around 5%, between down-payment and fixes I got prett...
I have spent the last five years building a real estate portfolio with BRRRR being my primary method for growing. Prices have gone up. Interest rates are climbing again. Worst of all, inflation continues to burn hot. The property I am currently renovating has been a nightmare and set me back sign...
A lot of investors have a story about an agent who didn't get it. Sent them a pretty house with no numbers, didn't know what a rent roll was, or pushed a deal that only worked on paper. When we built our team, we built it around the same things we use to run our own rentals. Treat it like a busin...
Hey BiggerPockets community! I've been actively trying to connect with JV partners and LP investors for small multifamily acquisitions, but finding people who actually deploy equity has been much harder than expected. My business partner and I focus on 10–30+ unit multifamily properties, primaril...
Some improvements help the property stand out, while others may not add much value. What's one renovation you think is almost always worth spending money on?
Ok. Someone please tell me I’m not the only one analyzing multiple properties a week, my market is very slow lately, and finding that absolutely nothing works! I’m looking at buy and hold long term investments and running numbers. Sometimes things I see that I think are over priced are actually b...
Hi everyone, I’m a European investor and I’m currently starting to invest in U.S. real estate. I recently formed a U.S. LLC and I already have U.S. bank accounts. My next goal is to build a U.S. credit profile and eventually qualify for financing for investment properties. I have around $50,000 a...
Hello all my name is Ashia. I am a new real estate investor in the ulster county, NY area. I'm in the middle of trying to work a deal on a 3bd/1 ba single family property in my area. This would be my first deal and I'm looking to do the BRRRR method. It's a very profitable deal that could net me ...