Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
I've tried to include relative information, without writing a novel.
Itay Heled
Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
Health professionals are generally looking for 1-2 bedrooms and even travelers in other professions look for that size unit.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
I forget; it was payment processing related) that required me to have a website for the business.
Tannia Castro
New to Rental Property Investing
16 January 2025 | 9 replies
Ask if any of the contractors are related to the PMC's employees.
Martin Jones
Raising Capital When First Starting Out
16 January 2025 | 4 replies
The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Melissa Johnstone
First home buying experience and with using my VA loan
7 January 2025 | 4 replies
We had to move fast and initially decided to sell it, the relator who was helping us somehow convinced us we should make it a rental property......... and let her be our tenant (insert face palm here) so since we had no real estate experience and we were already moved away, we agreed.
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
15 January 2025 | 10 replies
Take a bit of that money and invest in learning - go to meetups and the many events that take place related to investing in the city - some for free and some paid.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.