Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 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.
Sam Hendricksen
Buying near new casino
5 January 2025 | 5 replies
If it were me, I'd be looking for something in that location to offset the negative impact of the casino.
Scott Stamps
BetterLife Tribe program - Brandon Turner - looking for reviews and feedback
20 January 2025 | 8 replies
Looking for success stories or other experiences , positive or negative, range of costs, etc.
Pablo Valencia
Cali VS Texas
5 January 2025 | 11 replies
California prices are really unaffordable at the same time the state has consistently had outmigration of native residents for something like a decade and even negative population growth recently whereas Texas has grown substantially.
John Voychick
Do not use Suncoast Property Management in Jacksonville
4 January 2025 | 29 replies
However, saying that there are many companies that do both that are amazing and don't do things like this, so I'm not suggesting that doing both is inherently negative.
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
4 January 2025 | 13 replies
Hey Tyler we hate to hear that your experience was negative sincerely we would have hoped that we could have come to a resolution we know that you and your partner had made a request that we do $800 of work that was unfortunately not in your scope of work at the time we had exhausted $4900 in additional work to ensure the property was to satisfaction which included a new hood range upgraded lvp flooring additional framing new window and a paint upgrade from a single color format to a multi color format and can lighting all of which was never in the original scope and unfortunately when we requested that we do the work you declined I’ve attached before and after videos of the home for reference https://www.dropbox.com/scl/fi/h0ddll4cyp5g5gq12o73s/Video-J... always twos sides to these stories..
Polat Caglayan
invest in detroit
8 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.
Iyke Victor
Jerry Norton and Peter Conti...Legit or not?
1 January 2025 | 15 replies
Quote from @Anade Davis: I was not looking to say anything negative but the energy is off.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 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.
Chris Menne
Should I Sell or Rent Out?
3 January 2025 | 18 replies
I tried using the biggerpockets rental calculator this morning and the cashflow was negative, but I may have been too conservative with the numbers.