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31 October 2024 | 12 replies
Akron does have a lot of potential with its affordable housing, growing job market, and revitalization efforts and could be a good fit for your goals.
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30 October 2024 | 7 replies
Hi Ed my partner and I own 300+ units in the area and would love to help you find investments that meet your cash flow goals of leaving your w2 job.
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30 October 2024 | 16 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 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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4 November 2024 | 34 replies
Provides “proof” of funds but the account is a corporate retirement plan that the buyer can not access without quitting his job or paying huge taxes, penalties and fees 6.
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29 October 2024 | 1 reply
but if you are asking if you should wait till you have a job or invest now, My advice is always to do it sooner rather than later.
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28 October 2024 | 3 replies
3- Job Market Growth is still strong in ATX 4- Population growth continues although not at the same pace as the pandemic. 5- Supply side problem - Builders overbuilding creating downward pressure on housing prices.
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31 October 2024 | 17 replies
Choose a market based on affordability, population growth, job opportunities, landlord-friendly states, and BRRRR potential.
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28 October 2024 | 15 replies
Conversations with investors reveal that even those earning six-figure salaries face substantial pay cuts when changing jobs, often by 25-50%.
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30 October 2024 | 13 replies
Im fortunate with my W2 job (as a union carpenter), where I can listen to podcast basically all day, so bigger pockets rookie has been my life blood.... so I'm learning as much as I possibly can...
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30 October 2024 | 12 replies
If a tenant passes your requirements—credit score, income, background checks, and landlord/job verification—then I typically charge just the security deposit plus the first month’s rent.