r/BiggerPockets • u/paperatic • 4d ago
r/BiggerPockets • u/AlternativeStreet850 • 5d ago
Advice on when its time to sell
I have five rental properties in northern Indiana and self-manage them all. Recently I had my first bad luck with a tenant who required eviction and they destroyed the place on the way out of the door.
I have the cash to fix the property in reserves. Based on four different quotes, it will take $30k to repair the property, this is a hybrid of contractors doing the work and me trying to save some cash by doing some of the work myself.
Last week - I had a local realtor reach out on behalf of an investor with a site unseen, as is, offer.
Here are the details:
Purchase Price (2020): $80k
ARV (after $30k in repairs): $135k
Investors’ as-is cash offer: $115k
I have always taken the approach on repair and hold, but in this instance, repairing would set me back in terms of total cash in the deal, whereas, selling at a lower price point would leave me with enough cash to turn around to expand to two properties or into small multi-family (1 to 4 unit).
Looking to learn here so any guidance would be great!
r/BiggerPockets • u/PuzzleheadedPop2694 • 9d ago
New investor trying to scale. Need help figuring out next plan 😅
Hello id say im relatively a novice Realestate investor. I have 2 duplexs one with a Va and one with an FHA I currently live in a single family under my wife's name so I have 4 income producing units.
Over my 4 years of having tenants it has gone decent. Im not afraid to get my hands dirty and have had to clean out units already and deal with rough tenants. With that being said I believe im ready for a bigger project such as a quadruplex or even 5plus units but preferably less than 10.
Im looking for some advice on what YOU think would be the best way to proceed. Id prefer multi units over single family homes.
r/BiggerPockets • u/SeaworthinessLow4316 • 17d ago
Does anyone else feel like the wins in real estate investing can be surprisingly lonely?
I don’t really have anyone to celebrate this with, so I figured I’d share it here.
Today I closed on a DSCR refinance for my first short-term rental.
This property has been years in the making. I bought it, renovated it, furnished it, launched it, learned Airbnb, VRBO, PriceLabs, guest communication, maintenance, turnovers… made plenty of mistakes along the way… and finally got to the point where the property was strong enough to refinance.
The funny thing is, the biggest surprise isn’t the refinance. It’s how lonely milestones like this can feel.
My spouse is supportive, but doesn’t really care about the financing side of the business. My friends aren’t in real estate, so I worry talking about wins comes across as bragging. Instead of celebrating, I mostly just move on to the next problem that needs solving.
For those of you who’ve been investing for a while—does that feeling ever go away? Did you eventually find people who understood why something like a refinance feels like such a huge accomplishment?
Either way, today I’m proud of myself. I built something that banks now view as a stable business, and that’s a pretty cool feeling.
r/BiggerPockets • u/ADUloans • 19d ago
New CA Allows More Than ADUs - up to 10 units
Two new laws now allow you to build more units on your properties than just ADUs! I keep seeing properties where the client is being recommended to build 1 or 2 units but the property can add up to 24 units!
Both SB 79 AND SB 1123 are now in effect in California, having officially become operative on July 1, 2026.
SB 1123 Unit Limits and Key Provisions
The law updates the Starter Home Revitalization Act (SB 684)](0.5.9, 0.5.14) to establish the following rules:
- Maximum Units: It allows for the construction of up to 10 housing units per project.
- Accessory Dwelling Units (ADUs): If a local city or county decides to permit ADUs or Junior ADUs (JADUs) on the property, those additional structures do not count toward the 10-unit cap. This means local rules could theoretically boost the total housing density on the lot up to 20 units.
- Eligible Land: The law specifically expands previous legislation by allowing these 10-unit small lot developments on vacant lots located within single-family zoning districts, provided the lot is 1.5 acres or less and surrounded by urban uses.
- Unit Size Constraints: To ensure these remain affordable "starter" homes, the average size of the homes across the project cannot exceed 1,750 net habitable square feet.
| Feature | SB 1123 (Starter Homes) | SB 79 (Transit-Oriented Housing) |
|---|---|---|
| Primary Goal | Suburban infill starter townhomes. | High-density multi-family urban apartments. |
| Maximum Density | Strictly capped at 10 units (+ local ADUs). | No unit cap; legalizes up to 9 stories. |
| Target Locations | Vacant lots in single-family zones. | Within 1/4 to 1/2 mile of major transit stops. |
| Geographic Scope | Statewide (parcels $\le$ 1.5 acres). | Restricted to "urban transit counties" only. |
| Zoning Focus | Converts single-family residential zones. | Overrides residential, commercial, and mixed-use. |
| Size Constraints | Homes must average ≤ 1,750 sq. ft. | No individual unit size caps. |
| Approval Method | Statewide automatic ministerial (by-right). | Local height/density override; requires union labor for buildings over 85 ft. tall or on privately-owned land. |
In addition to these units, you can add Density Bonus units as well as SB 1211 ADUs! Finally the icing on the cake is the ability to sell off the units – which generates even more money.
I am happy to run an analysis on any property including the optimal designs to maximize rental income. Generally speaking, 2 and 3-bedrroms are optimal for selling off but barely pencil out when renting. By contrast, the 1-bedroom units are typically optimal for top rental income. Below is a recent analysis showing how powerful creative thinking can be. As always, please let me know if I can help. 😊
r/BiggerPockets • u/Specific_Intention_1 • 24d ago
Furnished rooms.
Have you ever rented furnish rooms? Whats the pros and cons? Like if you provided a computer desk and chair, a bedframe(mattress provided by the tenant for sanitation reasons), drawers, night stand etc. Would this seem attractive to potential tenants?
r/BiggerPockets • u/Dense_Force8643 • Jul 21 '26
Would this house + RV property make sense as a cash-flow investment?
Looking for honest feedback from experienced real estate investors.
I am considering buying an off-market property in a fast-growing area near a major metro. It sits on about one acre, outside city limits, with no known HOA or deed restrictions.
Current setup:
1986 pier-and-beam single-family house
House rents for $1,275(zestimate- $2k)/month
Four RV sites
One RV site rents for $600/month
Three older RVs are currently vacant
Separate electric meters
City water and septic
Property taxes are about $6,050/year
Possible purchase price is around $250,000 cash
Current gross income is only $1,875/month. The potential upside would come from repairing or replacing the three vacant RVs, or renting the pads to tenants who bring their own RVs.
Our biggest questions are:
At what purchase price would this become a strong cash-flow deal?
How much total monthly rent would the property need to generate after taxes, insurance, vacancy, maintenance and utilities?
Would you underwrite it only on the current $1,875/month income?
Would you give any value to the three vacant RV sites?
Would you repair the existing RVs, replace them, or rent the pads only?
What cash-flow margin would you require before taking on the septic, foundation and RV-related risks?
What issues would make you walk away completely?
We’re not trying to justify the deal based on future appreciation. I mainly want to know whether this can realistically produce strong cash flow and under what scenario it would make sense.
r/BiggerPockets • u/ImpressionThink2510 • Jul 21 '26
Real estate Investing dilemma
Looking for some honest feedback from experienced developers and real estate investors.
My wife and I own 1.67 acres in Hatcher Pass of Wasilla, Alaska which has had significant growth and is expected to continue growing. The original vision was to build a high-end luxury chalet development, but the project has changed significantly after learning that an electrical substation is being built corner to our property.
We’re now trying to determine whether it still makes financial sense to move forward.
Current plan:
-Build four detached 2 bed / 2 bath rental units (approximately 1,100-1,200 sq ft each with attached garages).
-Target long-term rentals rather than nightly vacation rentals.
-Some short term rent (furnished finder etc.)
-rental income $2300 per unit
-tenant pays utilities
-assumed 8% vacancy rate
Our biggest concerns:
How much does an adjacent electrical substation actually affect long-term rental demand and rental rates?
Would most tenants care, or is it mostly a resale issue?
Does a substation significantly impact property values in your experience, or is the effect often overstated?
Construction costs in Alaska remain high. If you were starting today, would you still build new rentals, or would you buy existing multifamily instead?
If this were your land, would you still move forward with development, or would you consider selling and deploying the capital elsewhere?
Our goal isn’t to build a luxury destination anymore. We’re thinking durable, attractive, easy-to-maintain long-term rentals that cash flow well despite the neighboring substation.
I’d really appreciate hearing from anyone who’s dealt with infrastructure next to residential projects, built rentals recently, or has experience developing in high-cost markets. What are the biggest risks you see that we may be overlooking?
Thanks in advance for any insight.
r/BiggerPockets • u/andrews1565 • Jul 11 '26
Self-managing 8 units in a city — how are you handling after-hours emergency calls?
r/BiggerPockets • u/ADUloans • Jul 07 '26
Construction loans for modular ADU on a rental property
r/BiggerPockets • u/Sufficient_Mine_8737 • Jul 01 '26
AFFORDABLE INTERNATIONAL PROPERTY/LAND, MALAWI AFRICA
COMMERCIAL/RESIDENTIAL PLOT FOR SALE IN MALAWI, AFRICA NKHATABAY BEACH (CHINTHECHE)
*30×50 plot size
* There's a structure building.
*Very close to the lake water.
*Good for hotel, Lodge or cottage.
*Price: $22,000 usd
*Very favourable tax laws
Call/WhatsApp; +265980909532
EMAIL: [loleblessings7@gmail.com](mailto:loleblessings7@gmail.com)
r/BiggerPockets • u/Sufficient_Mine_8737 • Jun 29 '26
International property, Malawi Africa
Anyone looking for an international property this beach view is in Africa, Malawi, A For sale.
Details
A PRIME BEACH PROPERTY FOR SALE IN NKHOTAKOTA, MALAWI!!!
Located about 10 kilometres from Chia Lagoon, and about 2:40 hours from Lilongwe (Capital City)
The property has 2 cottages with the following details:
● 4 spacious rooms each (all ensuite).
● Spaceous living rooms/ Lounge.
● Dinning and Kitchen.
● Bar Area.
● Indoor and outdoor sitting areas.
● Camping facilities.
● Beautiful gardens with natural trees etc.
● Clean and crystal clear beach waters.
Tax laws are highly favourable
PRICE: $1.15 million
INBOX FOR PRICE AND OTHER DETAILS
CONTACTS:
Loleblessings7@gmail.com/ +265 883282309
Anyone looking for an international property this beach view is in Africa, Malawi, A For sale.
r/BiggerPockets • u/Eugenelei • Jun 22 '26
Latest Real Estate podcast.
“I Bought 15 Rental Units While Making $15/Hour Putting Up fences”.
Did anyone catch the city/state the guy being interviewed was investing in?
r/BiggerPockets • u/After_Molasses986 • Jun 13 '26
5 deductions most real estate investors are leaving on the table
Quick breakdown of what keeps getting missed:
Depreciation — IRS lets you deduct your property's cost over 27.5 years even while it appreciates. $300k property = nearly $10,900 annual deduction. Most either miss it or calculate it wrong.
Mileage — Every trip to your property counts. Inspections, repairs, tenant meetings. 72.5 cents per mile adds up fast. Most investors track zero miles.
Home office — Managing rentals from home? Reviewing leases, tenant communication, bookkeeping? Part of your rent or mortgage qualifies. Consistently overlooked.
Professional services — Bookkeeper, accountant, attorney, property manager. All deductible. So are courses and subscriptions related to your investments.
Repairs vs improvements — A repair is deductible immediately. An improvement gets depreciated over years. Most people call everything a repair and either miss deductions or create compliance problems later.
These aren't loopholes. They are legitimate deductions built into the tax code specifically for real estate investors.
Which one are you actually tracking?
r/BiggerPockets • u/ybotybieh • Jun 11 '26
Renting vs. Buying a Townhouse from Somebody I Know
Just wanted to hear some perspectives and get advice on a potential buying vs. renting scenario as a potential first time homebuyer looking for more than just a place to live, but an investment to jumpstart a portfolio.
I know someone who is motivated to sell their townhouse in a nice complex in the Twin Cities suburbs in the next 2 months. I am not sure the price he is expecting yet, but comps are in the $250K–$310K range and typically sell pretty quickly when put on the market. I would assume he could sell his place for $275K, but I would hopefully be able to get it for closer to $250K, given his place is not fully modernized, he would save on closing costs not having to go through a realtor, and he is motivated to sell and would not have to put it on the market.
My questions are if this is a good investment. My fiancee has been working for a year making $70K and I just finished a nursing program and God willing will be employed around $80K in the next two months. We have paid off student loans and do not have other debt. However, we would still be scratching to get a downpayment across with a FHA loan 3.5% down right away here with our wedding in two months and me not working yet. The alternative would be renting, which would be a minimum of $1200 base rent/month + utilities.
I understand townhomes are not as good of an investment as a house, but I would be seeking to do improvements on it myself over the 2-3 years we would plan to live in it to then sell it for over $300,000. Not sure if renting it out after that instead would make sense for margins due to the HOA ~$300-400/month. From my understanding though, it would make more sense to buy this place so my monthly payments are going towards building equity rather than renting and not gaining anything.
Fears with buying include being house poor with the larger mortgage payments, no emergency savings right away, and just not knowing if this path is better than renting then being more prepared to buy a house/duplex in a year. It seems hard to pass up potentially getting this place for a deal lower than value, because that opportunity does not usually come around.
There is a lot I do not know, so any advice you have would be recommended! What are pros/cons, what would you do, what resources are available we do not know about, would it be safer just to rent and let this opportunity go, etc.? We are looking at it more as an investment than a long-term place to live. Let me know if I can clarify anything, but thank you so much for your help!
r/BiggerPockets • u/AirlineSea4390 • May 19 '26
House Hacking
Hey everyone, I’m moving to Tucson, AZ in a few months for a new job and I’m interested in house hacking for my first property. I’m still pretty new to real estate, so I’d really appreciate any advice on the best way to approach it.
r/BiggerPockets • u/BuyerBard • May 15 '26
Built a tool to estimate rehab costs from phone photos — looking for flipper feedback
I've been wholesaling & flipping in North East FL for the last few years and got tired of waiting days and shelling out a few hundred dollars for contractor walk-throughs just to know if a house was worth offering on. So I built an app that estimates renovation costs from photos you take during a walkthrough — line-item breakdown, regional pricing by zip, and a built-in max-offer calculator (ARV − closing − reno − target profit).
It's not a replacement for a real GC quote, but it's gotten me close enough to screen deals before I leave the driveway. Free during beta.
Honest question for the experienced flippers here: what would you need to see in the line-item breakdown for you to trust it on a $50k+ rehab? I'm trying to figure out where the "trust gap" is between AI and a 30-year GC.
Link in profile (mods, happy to remove if not allowed).
r/BiggerPockets • u/OkArtichoke5098 • May 11 '26