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13 January 2025 | 23 replies
Might be nice for your personal home but I do not think on an investment property is worth it - except for the marketing angle as people like our salt water pools.
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21 January 2025 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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17 January 2025 | 3 replies
Or you might have to suck it up at that job and do real estate part time till it takes off
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20 January 2025 | 12 replies
I have a W-2 Job, capital saved up for a down payment (or two), and a buy box based on my affordability.
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22 January 2025 | 9 replies
I invested in Jacksonville, FL, because my old job would fly me there multiple times yearly.
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15 January 2025 | 3 replies
Hi all, and nice to meet everyone.
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22 January 2025 | 9 replies
So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.
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15 January 2025 | 7 replies
I got started with BP as well and quit my job in 2024.
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31 January 2025 | 42 replies
Here's the job description: https://apply.workable.com/biggerpockets/j/C94D6062EE/.
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6 January 2025 | 7 replies
They have have done a great job outlining all the possible things that can go wrong and what can go right.