Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Jackie Liu Potiential Prospect with conflicting information on Application
19 October 2024 | 4 replies
@Jackie Liu you probably have enough info to deny their application, but if you want to continue to try to approve:1) Ask applicant for copies of their lease(s) to support they've been there for 4 years and who PMC is.2) Get 2023 W-2 to see what address is on it3) Ask them to obtain and provide you with their FULL electricity account history.
Andy Port Is syndicated co-investing (passive) right for me?
24 October 2024 | 10 replies
I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.
Rod Smith Do you really need a professional to get more website leads?
18 October 2024 | 6 replies
I have been in discussions with someone that specializes in SEO and lead generation for real estate investors, vetted him through references, and he seems to be as advertised.
Mikhail Ege Real estate pros, how can tech help you find more clients?
18 October 2024 | 1 reply
hey everyone,i’m a developer with a big interest in the real estate space, and right now I’m digging into how tech can better support agents like you. i’d love to hear about the challenges you face when it comes to finding clients.what are the pain points in your client acquisition process?
Sean Urann Preparing for my first investment property purchase!
21 October 2024 | 21 replies
Ultimately, forming connections with local investors can be a game changer, providing you with the mentorship and support you need to thrive in unfamiliar markets.
Alan Asriants Please stop listening to and paying Real Estate/Instagram Gurus!
19 October 2024 | 7 replies
They didn’t have the local knowledge or support system in place, and it quickly turned into a nightmare... constant vacancies, high eviction rates, and repairs that drained their cash flow.
Sanjeev Advani Can Federal Lands Solve the U.S. Housing Crisis?
19 October 2024 | 25 replies
This bipartisan proposal responds to the urgent need for new housing, with estimates suggesting a shortage of up to 5.5 million units nationwide.Legislation like the HOUSES Act, which has received bipartisan support, aims to unlock millions of new homes by using underutilized federal land.
Joseph Scorese Close RE Deals in Any Economy Top Strategy - What are factor that you will leverage?
19 October 2024 | 0 replies
Social Media and Digital Marketing: Invest in virtual tours, high-quality listings, and digital advertising to reach a wider audience.
Nadia Muga Tenant Criteria For Leasing a House
18 October 2024 | 7 replies
All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties: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: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: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.
Stuart Udis Education Syndication Model: The Road Map
22 October 2024 | 23 replies
They would start a new business or find some other high risk/high reward investment opportunity, but one advertised with a greater than 2-3% success rate.