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3 February 2025 | 31 replies
BiggerPockets is free so it attracts all kinds of characters which can taint the picture.
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22 January 2025 | 20 replies
I would just be cautious, as there are some rough neighborhoods in both Akron and Cleveland that seem attractive due to the cash flow but will be money pits after the vandalism and vacancy.
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11 January 2025 | 9 replies
Before committing to paying off the property, analyze whether there are ways to optimize revenue, such as better marketing, adjusting pricing, or upgrading the property to attract higher-end guests.Return on Capital: If you pay off the mortgage, the “return” is essentially the 7% interest you’re saving.
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3 February 2025 | 34 replies
Being a subject matter expert, not because you are forcing it, but because you simply ARE, shows through, and investors are rightfully attracted to that.
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12 January 2025 | 8 replies
Build a system that attracts the right audience.
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9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
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7 January 2025 | 5 replies
In neighborhoods that won't attract high credit score tenants, I've found that a stable job history with a MINIMUM of 1 year at current or previous job to be the best indicator of a great tenant.
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27 January 2025 | 29 replies
Structured LearningReal estate tends to attract people who have shiny object syndrome.
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19 January 2025 | 9 replies
I was definitely on the fence about this one for a little while before making the purchase, but there were a number of attractive features that ultimately led me to move forward with the purchase.
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6 February 2025 | 58 replies
The city's economy is supported by manufacturing, finance, and a growing tech sector, attracting a steady stream of renters.