![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3178264/small_1738531601-avatar-benc552.jpg?twic=v1/output=image&v=2)
7 February 2025 | 11 replies
In a worst case scenario like the house burns down or a tenant sues you and you're not insured properly, that's a big risk.Ā
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/763255/small_1694878518-avatar-susank26.jpg?twic=v1/output=image&v=2)
30 January 2025 | 6 replies
However, employer profit-sharing contributions (up to 25% of W-2 wages) are not subject to FICA taxes and do not appear on the W-2.To stay IRS-compliant, ensure your Form W-2 and Form 941 properly reflect deferrals, and maintain a reasonable salary to avoid red flags.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1775668/small_1651945373-avatar-joes731.jpg?twic=v1/output=image&v=2)
27 January 2025 | 7 replies
Proper underwriting - this includes an appraisal, loan app and full underwriting to comply with CFPB regulations.2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088894/small_1722365942-avatar-reneh34.jpg?twic=v1/output=image&v=2)
14 January 2025 | 28 replies
As well as 3 credit cards which so far have not cooperated and synced with Quickbooks which takes some extra time each month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2334195/small_1684444550-avatar-parkerr34.jpg?twic=v1/output=image&v=2)
25 January 2025 | 17 replies
Have to look at these things properly.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1862186/small_1621516204-avatar-patrickj149.jpg?twic=v1/output=image&v=2)
29 January 2025 | 2 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveš
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1180215/small_1669923992-avatar-pariss2.jpg?twic=v1/output=image&v=2)
1 February 2025 | 2 replies
that weāve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.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:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.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:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1790299/small_1632970979-avatar-abrahmd1.jpg?twic=v1/output=image&v=2)
17 January 2025 | 35 replies
I'm looking for Propstream, does it have differentĀ post cards, like deal machine???
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/212234/small_1621433576-avatar-dannoci.jpg?twic=v1/output=image&v=2)
31 January 2025 | 46 replies
I sure don't want to consider myself an abuser of this forum, and therefore don't see that as a proper solution.Nonetheless I do agree with @Joshua DorkinĀ that it can disrupt the flow of conversation... but I don't agree that most forums act this way; I've been a member of multiple forums, and most of them have options to delete posts... rather than contacting support or marking your own post as abusive.I digress...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2512987/small_1738370275-avatar-brettb271.jpg?twic=v1/output=image&v=2)
5 February 2025 | 8 replies
Hi Brett, you should run a proper property analysis.