
11 March 2025 | 24 replies
Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

10 March 2025 | 3 replies
Best of luck and I hope you are able to find some great deals this year.

12 March 2025 | 11 replies
Electrical work was done in the past 10 years, all romex.I don't feel so confident about this deal since my last deal was 350k purchase price, 100k in renovation and 700k sale price but I need some place to park my money.

4 March 2025 | 4 replies
In order to determine if your property is eligible and ensure your assets are assigned to their respective recovery periods, a cost segregation study is needed.A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

11 March 2025 | 22 replies
So 60k per year in rough expenses.

11 March 2025 | 18 replies
Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

10 March 2025 | 6 replies
What I really meant to ask in my previous post was why the secrecy of sharing the 2025 lease when sharing in the below posts for previous years seemed welcomed with open arms.1) https://www.biggerpockets.com/forums/52/topics/1086767-chica...2) https://www.biggerpockets.com/forums/52/topics/1099650-chica...3) https://www.biggerpockets.com/forums/664/topics/1027556-2022...4) https://www.biggerpockets.com/forums/52/topics/1093434-2023-...Oddly enough, my question was answered in the below post by Nathan Gesner, but I'm still curious about the above postshttps://www.biggerpockets.com/forums/52/topics/1108701-chica...

6 March 2025 | 41 replies
Here’s a personal example. 10 years ago I decided to “Roth” my solo 401k.

5 March 2025 | 12 replies
I recommend modeling your family budget for a year and conservstively project project your income, investment growth and expenses conservatively out to at least 80 years old.

3 March 2025 | 11 replies
Just curious why the average roof is replaced every 6 years in DFW.