Danielle Benzaken
Out-of-State - Ohio Section 8 Housing
22 January 2025 | 21 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.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
I have some clients who prefer to have a PM for maintenance/contact/rent collection/general management and will place tenants and write leases for themselves in exchange for a reduced rate.
Michael Kussin
Subdividing Land near Denver
31 December 2024 | 4 replies
Is there anyone in the Denver area that knows the early stages for subdividing land or what professionals I should turn to in order to start collecting some basic info?
Scott Weston
Highlands Cashiers Market
8 January 2025 | 10 replies
Here's my takeaway from the market:Smaller, less impressive cabins are pretty over-saturated and unless you have a big view (or water frontage) to really make you stand out, you will struggle.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
I agree with you on not being able to collect on judgements.
Shayan Sameer
Seeking Advice on Real Estate Investing Strategies
12 January 2025 | 6 replies
Even if you make all of your payments on time there are times when something happens by accident or a collection pops-up and drops the credit scores.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
I just signed up for BP Pro today after years of being on here for free 😅 and I’m impressed with Invelo so far.
Akshay Monga
Automating Deal Analysis: Programmatically Pulling MLS Data & Rating Property Conditi
2 January 2025 | 0 replies
I currently assign these scores manually, but it’s tedious and limits how quickly I can evaluate opportunities.Ideally, I’d like to:•Automate the collection of MLS/Zillow data.
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
The DSCR loan would allow you to qualify based on the rent you are collecting and get up to 75% of the value (175 x 0.75 = 131.25k, minus 20k payoff and closing costs.You could get a line of credit or a bridge loan against it to borrow money, but it would be higher interest.
Anjali L.
SSN for tenant
4 January 2025 | 6 replies
You should only need the SSN or license if you are hiring a collections company.