Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Results (10,000+)
Vincent Gizzi Screening Potential Tenants for a First Time Landlord
11 March 2020 | 13 replies
Being that you have so many inquiries, you want to have a brief conversation to "feel them out" and determine who seems interested and qualified over the phone.
Hollie Bendall BRRR duplex into 1st flip. Now on to the next!
10 March 2020 | 1 reply
I hope this gives you some hope and an extra boost of determination today.
Amanda Rose Foreclosures and bank owned
12 April 2020 | 5 replies
Determine your maximum bid, go to the auction, and do not go above it even though others might.
Stephen McDonald Quick question about expenses in analyzing
10 March 2020 | 4 replies
The 50% rule is just a quick metric to determine if it is worth seeing the property. 
Kevin Auyong anti theft measures and plumbing
10 March 2020 | 2 replies
Security system--there is no system that will keep out a determined thief. 
Demarcus Crump Criteria that makes a Deal Good
10 March 2020 | 7 replies
@Demarcus Crump correct. 1% rule says a property should rent for at least 1% of its purchase price. so $100K home = $1K in rent2% test says a property's rent/price paid should equal at least 2% - (Hard to come by in my market)Keep in mind these are just evaluation criteria to quickly determine if a property may be right for you. 
Rene M. First home is most expensive home in the Neighborhood
17 March 2020 | 19 replies
You might have to compromise your needs and/or the value factor and that balance is something only you can determine but as long as you go into it clear-headed, it should make sense.  
Jasper Cooper How do you hire your kids?
12 March 2020 | 5 replies
It is a determination based on the reality of the relationship between the service provider and the taxpayer paying for the services.Not likely she'll be appropriately classified as an IC unless she sets her own hours, is free to perform the work without instruction, provides her own tools/supplies, and/or is otherwise involved in a cleaning trade or business for many clients outside of her parents, etc. 
Jonathan Beckett 1% rule on multi family
11 March 2020 | 6 replies
If these are properties that you already own and you have good tenants in there and the cashflow where you want it to be then I wouldn't worry about the 1% rule.Also If you are talking large multifamily (5+ units) then most people will use local cap rates to determine value along with the expenses and income to determine the value.
Jesse S. 40 year old virgin ( condo? SF? Multi-family?)
11 March 2020 | 7 replies
-is there a way to hack a single family home by renting a portion out - what are good resources to find a property and determine whether it is a good deal or not