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26 January 2025 | 3 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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26 January 2025 | 5 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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3166720/small_1736355803-avatar-aaronf324.jpg?twic=v1/output=image&v=2)
21 January 2025 | 3 replies
Invest in as long as it takes you to write a check, do a wire transfer, or even an online bill pay4.
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19 January 2025 | 5 replies
Both accounts same bank they even froze her roommates account at the same bank and he had nothing to do with real estate no existing loan family member is alive.
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22 January 2025 | 0 replies
Falling out of compliance can lead to penalties, lawsuits, and even damage to your reputation as a landlord.
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17 January 2025 | 19 replies
It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.
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22 January 2025 | 4 replies
If you have considerable equity in the property or multiple properties it's even more important.
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16 January 2025 | 1 reply
If the new administration actually enacts their policy stances on tariffs, immigration, trying to ignite the economy even more....all of those things add up to higher inflation.
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21 January 2025 | 5 replies
It sounds like the 2 BR floor plan makes this process even more difficult.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3109816/small_1724903917-avatar-davidl1686.jpg?twic=v1/output=image&v=2)
31 January 2025 | 7 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.