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19 August 2024 | 41 replies
Andrew just ask Engelo what Negative Gearing is ???
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20 August 2024 | 21 replies
Property managers can handle tenant screening, lease agreements, rent collection, and even routine maintenance with a network of reliable contractors, which could save you the headache of finding a trustworthy handyman remotely.That said, if you feel confident in your ability to manage these aspects remotely and have reliable contacts in place, you might be able to save money by doing it yourself.
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20 August 2024 | 17 replies
If you start one, you are no longer a landlord but also have to work on all aspects of running a business!
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20 August 2024 | 10 replies
I did as much background research on his name and business and didn't find anything negative.
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19 August 2024 | 52 replies
I wish I could say I don’t see BiggerPockets as an organization in a more negative light now, but I do.
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21 August 2024 | 94 replies
It seems Kris cares far more about helping people have mental shifts and re-framing negative situations than he does spamming relatives on social media about why they need to be apart of his down line.
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16 August 2024 | 19 replies
Experience and Knowledge:Experience: A little over a year owning my first rental.Expertise: Still learning about all aspects.
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19 August 2024 | 9 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, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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18 August 2024 | 1 reply
more info: At this point I'm satisfied with all other aspects of the application and credit/background check came back clean and excellent.
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19 August 2024 | 244 replies
And a big social media aspect.