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6 January 2025 | 5 replies
I think the borrower is better off trying a local bank or broker in that area.
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6 January 2025 | 2 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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4 January 2025 | 0 replies
Talk to someone more knowledgeable about what your trying to do.
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2 January 2025 | 0 replies
•Set up notifications when a listing matches my criteria.Has anyone built or tried something similar?
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8 January 2025 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2742168/small_1696300052-avatar-aileeno2.jpg?twic=v1/output=image&v=2)
2 January 2025 | 9 replies
I also have $100,000 in the bank, and I'm trying to figure out what steps to take next.
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3 January 2025 | 45 replies
If you have not yet, try building your financial model with this in mind.
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2 January 2025 | 1 reply
I'm trying to analyze my first property and not sure how to set it up to run the number using the calculator tools here. 2 of the units are successful Airbnb short term rentals, and the other two units are month to month rentals to existing tenants.
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1 January 2025 | 6 replies
Here is how we usually handle situations like this: if a tenant communicates with us, we usually try to work something out with the tenant.
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6 January 2025 | 3 replies
Since I’m still in school I don’t have much money, I’m trying to learn as much as I can about real estate so that way once I get a job out of college and a steady income I’ll know what to do with my money.