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Results (10,000+)
Loan Nguyen Cash Flow is my issue
1 December 2024 | 25 replies
: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.
Nelson Badillo Housing Choice Voucher Program Inspection
2 December 2024 | 5 replies
I’m looking to participate in the Housing Choice Voucher Program and would greatly appreciate any resources or connections to professionals who conduct the required inspections.
Tim Callahan In Maine, can I use a tenant's security deposit to cover legal fees for an eviction?
26 November 2024 | 4 replies
I hired a lawyer to handle it, and she was given proper notice. 
Matthew Giblin BRRRR Section 8 Multiple Area's
2 December 2024 | 14 replies
We only have 4 units on section 8 right now, but in general, the system works well for investors IF you have a solid property manager who understands the subsides and does proper tenant screening.   
Thomas Azoury Convert garage w tenants
2 December 2024 | 17 replies
@Nathan Gesner It's immoral to tell them they can't use the garage anymore (with proper notice), but it's not immoral to just evict them without the option to stay?
Leslie Chukwuleta Mid Term Rental help in DFW
2 December 2024 | 29 replies
I've spent a lot of time looking at what resources are out there any honestly, my favorite is Pricelabs.  
Rud Sev How to analyze NNN properties and determine FMV
30 November 2024 | 11 replies
Resources like books, podcasts, and blogs can provide insights.
Bhakti Patel Hello BiggerPockets Community!
29 November 2024 | 11 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
Jonathan Chan Vet your borrower properly!!
25 November 2024 | 16 replies

If you're interested in adding real estate lends as another tool in your toolbox, these are the steps I've learned you should take to vet your borrower before looking at any of their opportunities!
Background checkCr...

Forest Wu Any experience with Coach Carson's Rental Property Mastery (RPM) group?
29 November 2024 | 1 reply
But I can't help but think that I could benefit from the occasional discussion about real estate strategies or bounce opportunities off one another.Coach Carson's RPM program details below:Cost: ~$2500/yearBenefits (form Website):Personalized Coaching: Members receive direct support and feedback from Coach Carson and selected coaches, including monthly group coaching sessions, one-on-one "hot seat" calls, and small group coaching within Action Teams.Action Teams: These are accountability groups of 8-10 members that meet weekly over a three-month period to set and achieve goals, fostering perseverance and resilience among participants.Comprehensive Resources: Members have access to a repository of documents, systems, checklists, and more in the community swipe file, including tenant screening criteria, due diligence checklists, and rental analysis spreadsheets.Exclusive Community: RPM offers a private community of like-minded investors who prioritize time and freedom over scaling rapidly, providing a supportive environment for shared learning and growth.The Group Targets:Investors with experience owning 1 to 8+ properties, whether short-term (e.g., Airbnb), mid-term, or long-term rentals.Individuals who are coachable, hardworking, and value time and freedom over aggressive scaling.