Jarret Jarvis
10 Smart Tips for House Hacking in Chicago: Find Your Perfect Investment Property
30 January 2025 | 2 replies
Here are the top 10 tips to find the perfect house-hacking investment property in the Windy City:1.
Natasha Rooney
Multifamily Properties in Indianapolis
29 January 2025 | 16 replies
that we’ve 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.
Camille Romero
Real Estate Advice Needed
22 January 2025 | 31 replies
If anyone has advice—whether it’s general tips or insights about these markets—I’d really appreciate it!
Adam M.
Has Anyone Imported Materials from China for a Rental Property Renovation?
22 January 2025 | 8 replies
Any tips or advice for getting started?
Michael Elliott
STR's in Kissimmee, FL
22 January 2025 | 22 replies
Quote from @Andrew Betts: A single family home with a pool near Disney would be ideal, however there are around 70,000 of those available.
Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
Are there any tips you might have on sourcing great deals, deal structure, and how to know whether LTR, MTR, or STR is the best route to take?
Leon George
New to BP Community
24 January 2025 | 13 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
I’d love to hear your thoughts, tips, or even warnings.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
Collin, your “tips” are quite good, though each and every situation is somewhat different…..For years I negotiated and negotiated and negotiated, successfully on some, unsuccessfully are many more.
Anderson S.
5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
Many municipalities allow appeals, and the savings can be substantial if successful.Pro Tip: Work with a tax advisor or attorney familiar with local property tax laws to improve your chances of winning an appeal.2.