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6 January 2025 | 4 replies
Learning from agents commonly working with investors is your next opportunity to find a mentor.To be honest, I wouldn't try to find a mentor from random investors on the internet.
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9 January 2025 | 10 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 | 5 replies
Give it a try.
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5 January 2025 | 33 replies
GC sat on the job waiting for more funds to pay their contractors and tried to strongarm me for more money.
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15 January 2025 | 27 replies
I am trying to find a mentor and have a relationship that I think will work out well.
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4 January 2025 | 14 replies
I would hesitate to say 1-2 years to rotate out but closer to 5 years, and ideally I'd try to get the downpayment higher to at least 10%.I understand your areas though-- they're expensive.
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7 January 2025 | 5 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/3004439/small_1734040723-avatar-benh473.jpg?twic=v1/output=image&v=2)
9 January 2025 | 9 replies
I have been investing for 4 years and have tried both local and national banks and haven't had any experiences to write home about.
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9 January 2025 | 12 replies
Try looking at different properties or in different areas.
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4 January 2025 | 18 replies
Either payout wasn’t right , horrible tenant selections ( I started requiring them to bring me the cream of the crop and I decide) I tried 2 different pMs.